The idea that a company will continue to operate indefinitely, and will not go out of business and liquidate its assets. For this to happen, the company must be able to generate and/or raise enough resources to stay operational.
Related information about going concern:
- Going Concern
Earlier today we learned that the rest of the Big 4 joined in PwC's November to remember, by getting named in mega lawsuits. Good times all around.
- Going concern - Wikipedia, the free encyclopedia
A going concern is a business that functions without the threat of liquidation for the foreseeable future, usually regarded as at least within 12 months.
- Going Concern Definition | Investopedia
A term for a company that has the resources needed in order to continue to operate indefinitely. If a company is not a going concern, it means the company has ...
- Going Concern (going_concern) on Twitter
Instantly connect to what's most important to you. Follow your friends, experts, favorite celebrities, and breaking news.
- What is going concern? definition and meaning
Definition of going concern: The idea that a company will continue to operate indefinitely, and will not go out of business and liquidate its assets. For this to ...
- AUDIT CONSIDERATIONS In RESPECT of GOING CONCERN - IFAC
the use of the going concern assumption in the preparation of the financial statements ... on an entity's ability to continue as a going concern and whether these ...
- The Liquidation Basis of Accounting and Going Concern (Formerly ...
Nov 6, 2012 ... Phase II: Going Concern On October 9, 2008, the Board issued an Exposure Draft, Going Concern, for a 60-day comment period. The comment ...
- Going Concern Value - Legal Dictionary - The Free Dictionary
The value inherent in an active, established company as opposed to a firm that is not yet established. The value of the assets of a business considered as an ...