Housing Associations and Going Concern 

The information and checklist in this document is designed to assist Boards, Audit Committees and Management of Housing Associations in preparing financial statements to report on the financial position of their organisation.

In particular, it will assist them in their responsibilities to assess whether the going concern basis of accounting is appropriate, to consider any judgements or uncertainties in relation to the future solvency and liquidity risks for the registered provider, and to provide clear and concise financial reporting disclosures that meet the statutory and other financial reporting requirements.