Evaluation of going concern assumptions in the frame of financial reports and audit reports

Businesses are economically beneficial units. In order for these benefits to continue, enterprises must continue their activities. At this point, the concept of going concern means that if the business is not established for a limited purpose or for a limited period of time, business activities will continue without limitation for a period of time. Going concern is one of the basic concepts of accounting but it is also one of the standards of accounting auditing. In this study, a regression model related to the opinion of going concern of auditors is tried to be formed within the framework of BDS 570 going concern and the factors affecting the opinion of the auditors are tried to be determined. The data set of the research is based on financial statements and auditor opinions of 159 companies in Istanbul Stock Exchange manufacturing sector between 2013-2017. Logistic Regression, Chi-Square and Mann - Whitney tests were used in the application part of the study. When the results obtained from the study are examined, the average accuracy rate of the models is 96.6%. Important variables in the models are the previous audit report and the short-term foreign resource ratio. No relationship was found between the size of the audit firm and the opinion of the auditor.