This video discusses the issuance of a going concern opinion by a company’s auditor. In the course of auditing a company’s financial statements, an auditor may come to have doubts about the company’s ability to continue operations into the future (to continue as a “going concern”). For example, the auditor may believe the company being audited is about to go bankrupt. In such a case, the auditor may still issue an unqualified audit opinion (a “clean opinion”) if the financial statements are presented fairly, but it will include an additional explanatory paragraphy in its audit opinion where it expresses doubt about the company’s ability to continue as a going concern. The video provides an excerpt from an actual audit opinion that was issued by Deloitte & Touche in March of 2009 after it audited General Motors’ financial statements.