Going concern principle
The going concern principle is the assumption that a business is a going concern has a profound impact on how a balance sheet is drawn up, ...
going concern assumption
An accounting guideline which allows the readers of financial statements to assume that the company will continue on long enough to carry out its objectives and commitments.
Going concern
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assets at their book value rather than their resale value, a lower value that would be achieved if the company was broken up. Auditors are required to draw attention to factors which cast doubt on a company's ability to continue as a going concern.
GOING CONCERN - refers to the liquidity of a concern. If the concern is illiquid, the viability of that...
GOING CONCERN CONCEPT - the underlying assumption that any accountant makes when he prepares a set of a...
Going Concern Value
A corporation's value as an operating business as opposed to the value of its assets or its liquidating value.
Going Concern Principle
Before you start applying any business valuation method, you need to consider whether the transaction is going to be treated as a going concern or not. But, what is going concern I hear you ask?
Going Concern - 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 gone bankrupt.
Also known as "Going Concern Value".
Going Concern
Assumption that a business can remain in operation long enough for all of its current plans to be carried out.
going concern value - what a company is worth if sold as a continuing business, as opposed to its liquidation value.
going concern assumption assumes the company will continue in operation long enough to realize its investment in assets through operations (as opposed to sale).
Going concern
Accounting concept that states a business should be valued on the basis that it will be continuing in business and able to use its assets for their intended purpose.
Going concern - It is assumed for accounting purposes a business will continue indefinitely.
Going concern value.
Workforce in place.
Business books and records, operating systems, or any other information base, including lists or other information concerning current or prospective customers.
going concern assumption
In the absence of evidence to the contrary, accountants assume that a business will continue to operate well into the future
IASB ...
general ledger The group of accounts used by a business.
going concern The assumption that a business entity will continue to operate for an indefinite time.
gross earnings The total amount of money an employee earns in a pay period.
going concern The idea that a firm will continue to operate indefinitely, and will not go out of business and liquidate its assets. going long The purchasing of an investment, mostly commonly referred to in the case of...
Goodwill can be transferred for a consideration to another entrepreneur upon the sale of the business as a going concern.
A firm confronting financial problems might be worth more as a going concern than it would be if it was closed and sold piecemeal to satisfy creditors' claims.
accounting assumption that expects a business to continue in life indefinitely; also called going concern . It is the basis for using historical cost to value accounts rather than liquidation value since the company will remain in existence.
Intangible assets purchased after August 10, 1993, including agreements not to compete, franchise rights, business licenses, and patents, copyrights, trademarks, trade names, business goodwill, and going concern value that are acquired as part of the ...
Going concern concept
Accounting period concept
Money measurement concept
Historical Cost concept
Periodic matching of cost and revenue concept
Verifiable objective evidence concept
Realization concept
Accrual concept ...
The total of all receipts of an enterprise as a going concern: receipts from sales of products, merchandise, and services, and earnings from interest, dividends, rents and wages.
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An institution's "going concern" need for liquidity. Funding required for the normal ebb and flow of cash in the course of conducting bank business. Includes seasonal funding fluctuations. See bank-specific liquidity risk and systemic liquidity risk.
appraised value : the economic value of a company both as a continuing going concern and as a resource converter. Includes consideration of net asset value, breakup value, liquidation value, and replacement cost.
Auditors zero in on the going concern of the client by determining its ability to meet debt (e.g., interest coverage ratio).
Interest rate spreads at the time were very narrow as a result of investors recognizing inflation was not an ongoing concern despite a robust economy.
Intangible assets of a firm established by the excess of the price paid for the going concern over the value of its assets.
volatility ...
Going Concern A business that is currently in operation without the threat of liquidation. Good Faith Having honest intentions Goodwill The intangible asset value of the reputation of a business.
The dollar amount over and above the value of the tangible assets when a business is sold as a going concern.
Grace Period: ...
A business combination is any transaction that results in one entity obtaining control over the net assets of another entity as a going concern.
Business investment loss (BIL) ...
Of course, liquidating a firm can be a costly undertaking, so most firms are worth more to equity investors as a going concern than they are liquidated. It is complications like this that make capital an elusive notion.
Liquidation Value The amount that could be realized if an asset were sold independently of the going concern.
Listed Traded on an exchange, such as the NASDAQ, NYSE or AMEX ...
The job of an administer is to try and get the firm out of difficulties and avoid insolvency. If the administer is not able to keep the firm as a going concern, it will try and get the best deal for its creditors.
Venture Capital: Risk capital extended to start-up or small going concerns.
In UK buyouts completed in the period 1990-95 that subsequently defaulted, secured creditors recovered on average 62% of their investment, and many of these companies were eventually restructured and sold as going concerns ...
A bankrupt company that is going to restructure its debts and attempt to continue as a going concern would instead use either Chapter 10 or Chapter 11.
For companies, the net worth is referred to as shareholder's equity, owner's equity, and net assets. The market value of the business entity may be bigger or smaller than its net worth if it is sold as a going concern.
 See also: Expense, Banks, Values, Franchise, Historical cost
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