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Topical Terminology > Going Concern Principle



3 Definitions

Going Concern Principle

For Going Concern Principle we have terms and definitions in 3 topics. The topics are Accounting, Fundraising and Grantmaking.



Going Concern Principle (Accounting)

assumes that the accounting entity will maintain proper accounting records from the date of its establishment to the date of its liquidation.


Going Concern Principle (Fundraising)

The assumption that an entity will be expected to continue indefinitely.


Going Concern Principle (Grantmaking)

The assumption that an entity will be expected to continue indefinitely.




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