{"id":3241,"date":"2022-04-22T14:39:03","date_gmt":"2022-04-22T12:39:03","guid":{"rendered":"https:\/\/eaa-online.org\/arc\/?p=3241"},"modified":"2022-10-16T20:58:45","modified_gmt":"2022-10-16T18:58:45","slug":"going-concern-trends-in-southern-europe","status":"publish","type":"post","link":"https:\/\/eaa-online.org\/arc\/blog\/2022\/04\/22\/going-concern-trends-in-southern-europe\/","title":{"rendered":"Going Concern Trends in Southern Europe"},"content":{"rendered":"<p>Southern European countries have some of the highest rates of going concern opinions in all of Europe. Four countries had going concern rates over 10% during fiscal year 2020. On average, Southern European countries had a going concern rate of 8.8%.<\/p>\n<p>In this analysis, Southern European countries consist of the following.<\/p>\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column\">\n<ul>\n<li>Bulgaria<\/li>\n<li>Croatia<\/li>\n<li>Cyprus<\/li>\n<li>Greece<\/li>\n<li>Italy<\/li>\n<\/ul>\n<\/div>\n<div class=\"wp-block-column\">\n<ul>\n<li>Malta<\/li>\n<li>Portugal<\/li>\n<li>Romania<\/li>\n<li>Slovenia<\/li>\n<li>Spain<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/Summary-Blog-Graphs.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-40745\" src=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/Summary-Blog-Graphs-1024x638.png\" alt=\"2020 Going Concern Rates - Southern Europe\" width=\"565\" height=\"352\" \/><\/a><\/figure>\n<\/div>\n<p>The southeastern European countries have seen a decline in going concern rates during the past five years. Unlike most countries, going concern rates stayed flat or continued to decline in Bulgaria, Cyprus, and Greece through the pandemic.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/image-27.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-40739\" src=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/image-27-1024x623.png\" alt=\"Going Concern Trends - Southeastern Europe\" width=\"526\" height=\"320\" \/><\/a><\/figure>\n<\/div>\n<p>The south-central European countries have seen minor changes in going concern rates over the past five years. However, the one exception is Slovenia. Slovenia saw a slight rise from 2017 to 2019. But going concern rates fell in 2020. Slovenia has a small population of publicly listed companies. Minor changes in the population have a significant impact on going concern rates.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/image-30.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-40759\" src=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/image-30-1024x607.png\" alt=\"Going Concern Trend - South-Central Europe\" width=\"542\" height=\"321\" \/><\/a><\/figure>\n<\/div>\n<p>The southwestern countries have seen diverging trends. Going concern rates in Spain have been falling throughout the decade. Malta and Portugal have seen going concern rates rise in recent years. Malta had no going concerns until 2019 when the pandemic began. Portugal has seen a steady rise in going concerns.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/image-29.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-40741\" src=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/image-29-1024x611.png\" alt=\"Going Concern Trend - Southwestern Europe\" width=\"523\" height=\"312\" \/><\/a><\/figure>\n<\/div>\n<p>Read our previous blogs for more information about going concern trends throughout Europe.<\/p>\n<ul>\n<li><a href=\"https:\/\/blog.auditanalytics.com\/going-concern-trends-in-western-europe\/?utm_source=website&amp;utm_medium=blog&amp;utm_campaign=2022.04.15\" target=\"_blank\" rel=\"noreferrer noopener\">Western Europe<\/a><\/li>\n<li><a href=\"https:\/\/blog.auditanalytics.com\/going-concern-trends-in-northern-europe\/?utm_source=eaa&amp;utm_medium=blog&amp;utm_campaign=2022.04.15\" target=\"_blank\" rel=\"noreferrer noopener\">Northern Europe<\/a><\/li>\n<li><a href=\"https:\/\/blog.auditanalytics.com\/going-concern-trends-in-the-british-isles\/?utm_source=website&amp;utm_medium=blog&amp;utm_campaign=2022.04.15\" target=\"_blank\" rel=\"noreferrer noopener\">British Isles<\/a><\/li>\n<\/ul>\n<hr class=\"wp-block-separator\" \/>\n<p class=\"has-text-align-center\"><span class=\"has-inline-color\">For more information about Audit Analytics or this analysis, please<\/span><span class=\"has-inline-color\">\u00a0<\/span><a href=\"https:\/\/www.auditanalytics.com\/contact?utm_source=website&amp;utm_medium=blog&amp;utm_campaign=2021.10.14\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-inline-color\">contact us<\/span><\/a><span class=\"has-inline-color\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Southern European countries have some of the highest rates of going concern opinions in all of Europe. Four countries had going concern rates over 10% during fiscal year 2020. On average, Southern European countries had a going concern rate of 8.8%. In this analysis, Southern European countries consist of the following. Bulgaria Croatia Cyprus Greece [&hellip;]<\/p>\n","protected":false},"author":2624,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[108,106],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Going Concern Trends in Southern Europe - ARC<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Going Concern Trends in Southern Europe - ARC\" \/>\n<meta property=\"og:description\" content=\"Southern European countries have some of the highest rates of going concern opinions in all of Europe. Four countries had going concern rates over 10% during fiscal year 2020. On average, Southern European countries had a going concern rate of 8.8%. In this analysis, Southern European countries consist of the following. Bulgaria Croatia Cyprus Greece [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eaa-online.org\/arc\/blog\/2022\/04\/22\/going-concern-trends-in-southern-europe\/\" \/>\n<meta property=\"og:site_name\" content=\"ARC\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-22T12:39:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-16T18:58:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.auditanalytics.com\/wp-content\/uploads\/2022\/04\/Summary-Blog-Graphs-1024x638.png\" \/>\n<meta name=\"author\" content=\"Audit Analytics\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Audit Analytics\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eaa-online.org\/arc\/blog\/2022\/04\/22\/going-concern-trends-in-southern-europe\/\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/2022\/04\/22\/going-concern-trends-in-southern-europe\/\",\"name\":\"Going Concern Trends in Southern Europe - ARC\",\"isPartOf\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\"},\"datePublished\":\"2022-04-22T12:39:03+00:00\",\"dateModified\":\"2022-10-16T18:58:45+00:00\",\"author\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/ebf3623330bf36fe4c11a71c04526cf6\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eaa-online.org\/arc\/blog\/2022\/04\/22\/going-concern-trends-in-southern-europe\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\",\"url\":\"https:\/\/eaa-online.org\/arc\/\",\"name\":\"ARC\",\"description\":\"Advanced Resources Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eaa-online.org\/arc\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/ebf3623330bf36fe4c11a71c04526cf6\",\"name\":\"Audit Analytics\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/members\/2624\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Going Concern Trends in Southern Europe - ARC","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Going Concern Trends in Southern Europe - ARC","og_description":"Southern European countries have some of the highest rates of going concern opinions in all of Europe. 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