The auditor asked odd questions about whether my company can keep going — what is that exactly?

Financial statements are prepared on the assumption the company will keep operating, not wind down soon. The going concern assessment is the step where management, and then the auditor, evaluates whether that assumption still holds for at least the next 12 months from the statement date. If management itself has doubt, the statements must disclose it — the auditor reviews the soundness of that assessment, not build it from scratch.

The signals that seriously trigger the assessment include recurring losses or negative working capital, difficulty repaying loans or meeting obligations as they fall due, loss of a major customer or key financing, or legal action that could threaten continued operations. If the auditor sees material doubt that's been adequately disclosed, the opinion can still stay unqualified but carry an emphasis-of-matter paragraph drawing attention to it; if disclosure is inadequate, the result can escalate to a qualified opinion. RASEEKH helps management build a documented going concern assessment early, so the question doesn't land as a surprise mid-audit.