Expressing confidence in the correctness of the going-concern assumption of the client's company is a complex issue that requires attention. Based on the company's characteristics, auditors may indicate the problem of business continuity, but the uncertainty of future events that may affect the company to initiate or not to initiate bankruptcy proceedings remains. The client and the auditors bear the consequences of expressing a wrong opinion. The aim of the paper is to emphasize the auditor's responsibility in expressing opinions on the principle of the going-concern assumption, as well as drawing attention to the consequences that the auditor's opinion can cause. By reviewing literature and audit practices in different countries, the authors concluded that expressing a modified opinion expressing doubts about the continuation of business directly makes it difficult to conduct its business activities (it is harder to approve loans, find business partners, etc.). In this way, the chances of the company recovery are reduced. On the other hand, expressing an unmodified opinion, following which the client company opens bankruptcy proceedings, causes public dissatisfaction and suspicion in the auditing profession. Although users of financial statements expect an auditor's warning about the company's financial difficulties that lead to the initiation of bankruptcy proceedings, the auditor's responsibility is to express an opinion on whether the continuity of business is endangered and not whether the company will initiate bankruptcy proceedings.