Going Concern

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.

Read more about Going Concern:  Definition of The 'going Concern' Concept, Use in Accounting, Going Concern Use in Auditing, Use in Risk Management

Famous quotes containing the word concern:

    Much is made of the accelerating brutality of young people’s crimes, but rarely does our concern for dangerous children translate into concern for children in danger. We fail to make the connection between the use of force on children themselves, and violent antisocial behavior, or the connection between watching father batter mother and the child deducing a link between violence and masculinity.
    Letty Cottin Pogrebin (20th century)