Going concern
id:
going-concern-263-14860221
title:
Going concern
text:
A going concern is an accounting term for a business that is assumed will meet its financial obligations when they become due. It functions without the threat of liquidation for the foreseeable future, which is usually regarded as at least the next 12 months or the specified accounting period. The presumption of going concern for the business implies the basic declaration of intention to keep operating its activities at least for the next year, which is a basic assumption for preparing financial
brand slug:
wiki
category slug:
encyclopedia
description:
Term for a functioning business
original url:
https://en.wikipedia.org/wiki/Going_concern
date created:
date modified:
2024-03-28T14:41:05Z
main entity:
{"identifier":"Q565043","url":"https://www.wikidata.org/entity/Q565043"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/e/e6/Ledger.png","width":1706,"height":896}
fields total:
13
integrity:
15