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Going concern assessment: liquidity runway and disclosure draft

Assesses going concern using liquidity forecasts, covenant status, and mitigating plans, then drafts disclosure language. Useful for auditors and controllers preparing year-end evaluations.

Perform a going concern assessment for {entity_name} for period ending {period_end_date}.

Inputs:
- Cash balance and burn: {cash_and_burn}
- 12–18 month cash flow forecast: {cash_flow_forecast}
- Debt and covenant terms: {debt_covenants}
- Upcoming maturities/commitments: {maturities_commitments}
- Management mitigation plans: {mitigation_plans}
- Post-balance sheet events: {subsequent_events}

Deliver:
1) Assessment summary: conditions/events raising doubt and evaluation period.
2) Liquidity runway analysis and key sensitivities.
3) Conclusion (substantial doubt? alleviated?) with rationale.
4) Audit procedures / evidence requests (if acting as auditor).
5) Draft disclosure language tailored to conclusion.

Note where assumptions are management-provided and how to corroborate.

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