There are several tools that can help investors and other stakeholders in the assessment of the going-concern status of the company. Among other statistical failure prediction models and audit reports of auditors can be of benefit. In this article, we evaluate how valid and accurate statistical...

Given the global attention and attraction of many scholars and researchers to develop prediction models for determining the going concern of businesses, there is a growing need to monitor progress and trends in the field. As such, the study aims to analyse the evolution of prediction models for...

Despite the number of studies on bankruptcy prediction using financial ratios, very little is known about how external audit information can contribute to anticipating financial distress. A handful of papers have shown that a combination of ratios and audit data is significant for predictive...