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operating loss
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The new requirements relating to going concern evaluation and disclosure provide a critical improvement to the financial statements taken as a whole
Achraf A. Seyam • Sharon Brickman
Volume 04 Issue 1 · 06 May 2016
The going concern principle assumes that an entity will continue to exist into the future. This assumption implies that the entity will not be compelled to end their operations, liquidate their assets, or go into bankru…