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 ...

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 ...

A going concern refers to a business having the financial resources to continue operating for the foreseeable future. A going concern is an accounting term that refers to a business’s ability to ...