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Going concern is a determination accountants make when they believe a business will remain active for the foreseeable future. Learn about what to look for and why this matters for your portfolio.
Can Bhushan Steel run as a going concern? IBC provides for liquidation as a going concern, but this has met with resistance. This option can be explored now ...
It also provides an illustrative example of an auditor's report that provides a description of how the auditor evaluated management's assessment of going concern. ISA 570 (Revised 2024) was published ...
KUALA LUMPUR: Sapura Energy Bhd's external auditors Messrs. Ernst & Young PLT (EY) issued an unqualified audit opinion with a material uncertainty related to going concern in the independent ...
Malaysian offshore and marine contractor Sapura Energy has returned to profitability for the first time in six years, although its external auditor, EY, remains unconvinced that the company is out ...
Channel Therapeutics announces an audit opinion highlighting a going concern in its recent financial statements, following SEC requirements.
Kirkland's Inc. (NASDAQ: KIRK) reported disappointing Q4 results, with sales and profit decline, and warned of going concern. Stock down 10%.
The going concern concept in accounting assumes that a business will continue to operate indefinitely and will not be liquidated in the foreseeable future.
The International Auditing and Assurance Standards Board released a revised standard on how auditors should evaluate a business's prospects as a going concern.
Don’t scrap sale of firm as going concern If we plan to do away with provision of selling the corporate debtor in liquidation rules, we must look for a replacement within the IBC.
The provision to liquidate insolvent companies as a going concern was intended to save jobs and preserve value, but it merely encouraged lawsuits, attracted tainted owners, delayed liquidation and ...
Shares of iRobot Corp. are plunging Wednesday after the company behind the Roomba robotic vacuum warned about its "ability to continue as a going concern" and started a strategic review.
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