A going concern is an accounting term that refers to a business’s ability to remain operating with available financial resources. A going concern is an accounting term that refers to a business’s ...

A going concern qualification is typically issued by a company’s auditor regarding a substantial doubt about the company’s ability to continue operating in the foreseeable future. A going concern ...

GASB is undertaking a major project on going concern uncertainties and severe financial distress, as well as pre-agenda research activity on subsequent events, as part of its technical plan for the ...

The Governmental Accounting Standards Board has appointed a new task force to help GASB deal with going concern uncertainties and severe financial stress disclosures. The project will consider ...