Topical Terminology > Going Concern
2 Definitions
Going Concern
For Going Concern we have terms and definitions in 2 topics. The topics are Accounting and Accounting Terms.
Going Concern (Accounting) 
refers to the liquidity of a concern. If the concern is illiquidthe viability of that concern being able to continue to operate is in doubt.
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Going Concern (Accounting Terms)
Assumption that a business can remain in operation long enough for all of its current plans to be carried out.
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