not sure i agree with you
a going concern is a business that functions without the intention or threat of liquidation for the foreseeable future, usually regarded as at least within 12 months.
en.wikipedia.org/wiki/Going_concern
An actuarial valuation that the pension plan will continue indefinitely
www.pensionsatwork.ca/english/glossaries.php
The sale of the ongoing business of the company, often the preferred route of a Licensed Insolvency Practitioner since it usually means that the business continues, bobs are saved and a higher price is obtained
www.beerandyoung.com/glossary.php
this concept is the underlying assumption which any accountant makes when he prepares a set of accounts. That the business under consideration will remain in existence for the foreseeable future.
www.bized.co.uk/learn/sheets/glossary.htm
Realisations may be higher where it is possible to sell a trading business, rather than ceasing to trade immediately and selling the assets on a 'break up' basis.
www.lovewell-blake.co.uk/glossary.aspx
an ongoing operating business enterprise. Going Concern Value - the value of a business enterprise that is expected to continue to operate into the future. ...
www.corporatedoctor.com.au/pages/papers/glossary_valuation_terms.htm
The accounting concept that an company will have a continuing existence for the foreseeable future. If the auditor has a questions about the viability of the company, that information will be reflected in its opinion letter.
www.credittoday.net/public/2014.cfm
concept:-the business is assumed to continue operating instead of being closed/liquidated or sold or we can say that the business will continue its operation to the foreseeable future.
bookkeeping.a-z-finance.net/accounting-assumptions-principles-and-constraints/
AI
