Going Concern Principle...!?

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I hope to help by this words

Person who is responsible about liquidate company is liquidator or accounting expert

And Reasons for the expiration of the company

1. General reasons

And apply to all companies, companies or money companies

- Termination of the term of the company in the contract

- Termination of the purpose for which the company was established

- The loss of all or most of the capital so that it can not continue

- Meeting the shares of all partners in the hands of one person and then the company becomes an individual enterprise

- The issue of a judicial ruling dissolves the company

- The merger of the company in another facility, which includes the dissolution of each of them and the formation of a new company

2. Special reasons

It applies only to people companies

- Death of a partner

- Separation (withdrawal) of a partner

- The stone on one of the partners or bankrupt or insolvent

Auditors should remain more vigilant throughout the audit for any such event which indicates any uncertainty in going concern assumption.  

However the management is ultimate responsible for going concern issue or liquidity, if the audit has been performed in accordance with ISAs.

Major Factor may be any Govt decision, tax payment issue, any legal or financial litigation... there may be many such incidences. 

Going Concern  principle assumes that a company will continue to exist long enough to carry out its objectives and commitments and will not liquidate in the foreseeable future. 

safety of personnels and equipments

Thanks for invitation,

Support the answer of Mr. Ahmed Ibrahim.

Going concern is a basic underlying assumption in accounting. The assumption is that a company or other entity will be able to continue operating for a period of time that is sufficient to carry out its commitments, obligations, objectives, and so on.