There has been a sharp increase in the emergence of financial technology firms (also known as FinTech firms) over the past few years. For example, in Australia where low interest rates in 2021 contributed to a ten percent increase in the number of firms operating in the lending, mortgage and buy-now-pay-later category within the sector. Most notably, firms like Afterpay and Zip. The emergence of these firms, associated with new business models, digitalisation and cost pressure, brings on new challenges for auditors. Using knowledge to discuss: In 2021, Zip reported a loss of $ 678,065,000 and the share price fell from $12.35 to $4.33 between June and December. Discuss how you would assess the going concern risk in relation to Zip. Rubik: Evaluates critically how the financial and market performance of the firm impacts the going concern assumption and provides insights as to why this is relevant to the auditor.