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Re: nwtf post# 324452

Wednesday, 08/16/2017 6:41:51 AM

Wednesday, August 16, 2017 6:41:51 AM

Post# of 360602
Going concern is a basic underlying assumption in accounting. The assumption is that a company or other entity will be able to continue operating for a period of time that is sufficient to carry out its commitments, obligations, objectives, and so on.

https://www.google.ca/search?q=company+is+a+going+concern&rlz=1C1PRFE_enCA535&oq=company+is+a+going+concern&aqs=chrome..69i57.11895j0j8&sourceid=chrome&ie=UTF-8