.A118A122 The following is an illustration of an going concern emphasis-of-matter paragraph when (a) the
accountant may include in the accountant’s review report when the accountant concludes that substantial doubt
exists about the entity’s ability to continue as a going concern for a reasonable period of time, (b)
management’s plans do not alleviate the substantial doubt, and (c) the entity is required under the applicable
financial reporting framework to include a statement in the notes to the financial statements that management
has adequately disclosed that substantial doubt exists an uncertainty about the entity’s ability to continue as a
going concern for a reasonable period of time and determines to include an emphasis-of-matter paragraph with
respect to the going concern uncertainty:
Emphasis of Matter Regarding Going Concern
The accompanying financial statements have been prepared assuming that the Company will
continue as a going concern. As discussed in Note X to the financial statements, the Company has
suffered recurring losses from operations, and has a net capital deficiency, and has stated that
substantial doubt exists that raises an uncertainty about the Company’s its ability to continue as a
going concern. Management's evaluation of the events and conditions and management’s plans
in regarding to these matters are also described in Note X. The financial statements do not include
any adjustments that might result from the outcome of this uncertainty. Our conclusion is not
modified with respect to this matter.
.A123 The following is an illustration of a going concern emphasis-of-matter paragraph when (a) the
accountant concludes that substantial doubt exists about the entity's ability to continue as a going concern for
a reasonable period of time, (b) management's plans do not alleviate the substantial doubt, and (c) the entity
is not required under the applicable financial reporting framework to include a statement in the notes to the
financial statements that substantial doubt exists.
Emphasis of Matter Regarding Going Concern
The accompanying financial statements have been prepared assuming that the Company will
continue as a going concern. As discussed in Note X to the financial statements, the Company has
suffered recurring losses from operations and has a net capital deficiency, which raises substantial
doubt about its ability to continue as a going concern. Management's evaluation of the events and
conditions and management's plans regarding these matters are also described in Note X. The
financial statements do not include any adjustments that might result from the outcome of this
uncertainty. Our conclusion is not modified with respect to this matter.
.A124 If conditions or events, considered in the aggregate, have been identified that raise substantial doubt
about the entity’s ability to continue as a going concern for a reasonable period of time but, based on
the review evidence obtained, the accountant concludes that substantial doubt has been alleviated by
management’s plans, the accountant may include an emphasis-of-matter paragraph making reference
to management’s disclosures related to the conditions and events and management’s plans related to
those conditions or events. The following is an illustration of an emphasis-of-matter paragraph when
management has disclosed (a) conditions or events, considered in the aggregate, that raised substantial
doubt about the entity's ability to continue as a going concern for a reasonable period of time; (b) its
evaluation of the significance of those conditions or events, considered in the aggregate, in relation to
the entity's ability to meet its obligations; and (c) that the substantial doubt about the entity's ability to
continue as a going concern for a reasonable period of time has been alleviated by management's plans.
Emphasis of Matter Regarding Going Concern