Most independent review problems don’t start with technical standards, they start when the practitioner must draw a conclusion and sign the report. If the work performed isn’t clearly documented or evaluated, that final step becomes difficult. This practical guide walks through the key steps to finalise an independent review, evaluate findings, and issue a defensible report.

Are your financials tough enough to survive an audit? With ISA 570 tightening the screws on going concern, accountants can no longer rely on vague forecasts or hopeful assumptions. This article breaks down what’s changing, what auditors will now expect, and how you can bulletproof your AFS before audit season hits. If your projections can’t stand up to scrutiny, this is your early warning!

The going concern principle is a cornerstone of financial reporting, shaping how businesses assess their ability to operate over the next 12 months. This article explores the critical guidance from IFRS and the Companies Act 71 of 2008, practical tools like cash flow analysis and stress testing to measure going concern, and actionable steps when a business faces financial uncertainty. Whether it's transitioning to liquidation accounting or engaging stakeholders, understanding these principles ensures transparency, compliance, and proactive decision-making for long-term viability.