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Going concern opinions drop in 2016, study shows

Tammy Whitehouse | April 17, 2018

Corporate filings flagging doubt over a company’s ability to continue as a going concern reached a low in 2016, according to the newest report from Audit Analytics.

In data tracking going concern opinions back to 2000, the latest report shows a total of 1,970 companies will carry the warning disclosure for the 2016 filing year, based on filings completed through early October 2017. That’s the lowest number for a full year since 2000, the report says.

The analysis suggests the number of new going concern opinions, meaning entities getting the red flag for the first time after clean audit reports in prior years, will finish at 467 in 2016, also a low in...

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