going concern period

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February 26, 2012 at 1:01 pm #167148

Anonymous
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US GAAP, 1 year from the date FS being audited? What does it mean, from engagement date? from audit finished date? or what else?

Thanks.

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February 26, 2012 at 1:15 pm #328175

Anonymous
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It's a period of time not to exceed one year from the date of the financial statements.

February 26, 2012 at 1:46 pm #328176

Anonymous
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1 year from BS date?

Thanks.
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