Policy decisions that affect the functions provided by the entity. …

Legislative reform changing the legal structure of how functions are to be provided. …

Whether the entity can be wound up without legislative change. …

Timing of Royal Assent of legislation impacting an entity’s operations or existence. …

Estimates of revenue or the likelihood of continued revenue streams, including government funding and the donation base. …

Changes to markets/reduction of customers for self-funded agencies. …

Poor financial indicators for a fee for service entity. …

The following are examples of mitigating factors to consider when assessing the validity of the going concern assumption: …

Entities at local government level are often required to maintain delivery of functions essential to local communities and may themselves be revenue-raising bodies (that is, have the power to levy rates or taxes) and may have the possibility, on …

The existence of multi-year funding agreements or other arrangements that will ensure the continued operation of the entity. …