33 auditor facing significant doubts about the viability of the
entity going concern issues the auditor may does not give an opinion.
f. Going Concern
According Belkaoui 2006: 271, the argument of business continuity going concern postulate, or the arguments of
continuity, assume that the business entity will continue to operate quite enough to realize the project, commitment and sustained
activity. This argument assumes that the entity does not expected to be liquidated in the future or the entity will continue until the
period that can not be determined. Need for a continued and sustainable operation to create a consequence of financial
statements were published in the period has a temporary nature because they constitute a series of sustainable financial statements.
Going concern assumption used in financial reporting as far as not proved the existence of information that suggests the opposite
Contrary information. Usually the information is significantly considered contrary to the assumption survival of business units is
related to the inability of business units to meet obligations at maturity without selling major assets to outside parties through
regular business, debt restructuring, improvement of operation
34 imposed from outside and another similar activities IAI, 2001:
Section 341, PSA 30. Going concern issue is divided into two, namely the financial
and operating problems. Financial problems include a shortage deficiency liquidity, deficiency of equity, debt delay in payment,
and the difficulty of obtaining funds. While the problem of operations include operating losses continuously, prospecting
dubious income, operating capability is threatened, and weak controls over operations Altman and McGough, 1974 in Setiawan,
2006: 61.
g. Going Concern Audit Opinion
Auditor as an independent party in the examination of the companys financial statements and will provide an opinion on the
financial statements audited. The audit opinion given by the auditor through several stages of the audit so the auditor can give
conclusions on opinions must be given to the financial statements audited Petronela, 2004: 47. Going concern audit opinion is
modified audit opinion in the auditors judgment there is an inability or significant doubt on the viability of the company to run
its operations IAI, 2001: Section 341, PSA 30.
