Sentence examples for concern opinion from inspiring English sources

Mr. Roberts said Ernst & Young was threatening to issue a "going concern" opinion, a signal that the auditors were worried about Archway's ability to remain solvent.

For weeks, CIT faced the looming threat that its auditors would send out a "going concern" opinion casting doubts about its sources of funding.

"As far as our liquidity issues and the auditor's 'going concern' opinion, we are not sticking our heads in the sand," Mr. Guccione said.

Last year, Millionaire.com was slapped with a going concern opinion.

Academic studies show that up to 84% of bankrupt companies received a going concern opinion within four years prior to going under.

Second, although in late May Etihad trumpeted that its enterprise generated a 2014 profit of approximately $73 million ("its strongest financial results to date," they said, but without transparent financial statements), the truth is that their accountants, KPMG, issued a "going concern" opinion.

Similarly, wholly independent ACs are significantly positively associated with a going-concern opinion and negatively associated with the likelihood of auditor dismissal following the issuance of a going-concern opinion (Bronson et al. 2009).

Second in nastiness to a going-concern opinion, but often more of a surprise, is auditor-enforced restatement of financials.

Strategic turnaround initiatives for which only one of these two conditions holds and operating turnaround initiatives appear to function as going-concern risk factors as they are associated with a higher likelihood that a going-concern opinion will be issued.

In a sample of triennially inspected auditing firms, only those auditors receiving a PCAOB report including deficiencies tended to modify their outcomes by exhibiting higher likelihood to issuing a going-concern opinion for financially distressed clients in the post-inspection period than they did before being supervised (Gramling et al. 2011).

"As far as I'm concerned, opinions are always welcome and constructive criticism and debate are always enriching," he said.