PRC BOARD OF ACCOUNTANCY NO. 81, S. 2002

: The title is 'Adoption of the Philippine Standard on Auditing (PSA) 570 - Going Concern.'
: It was adopted on October 28, 2002.
: PSA 570 focuses on the auditor's responsibility to evaluate the going concern assumption of an entity.
: The adoption was approved by Antonieta Fortuna-Ibe, Chairperson, Alfonso G. Abad, Commissioner, and Avelina De La Rea-Tan, Commissioner.
: Carlos G. Almelor, Secretary of the Professional Regulatory Board, attested to the resolution.
: It establishes standards on auditing related to assessing the entity's ability to continue as a going concern, ensuring reliability and consistency in auditing practices.
: Eugene Mateo, as Chairman, signed and officially adopted the resolution.
: It is available at the Office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City.
: The members who signed were Solita V. Delantar, John S. Bala, Froilan G. Ampil, and Estelita C. Aguirre.