The phrase strikes fear in the hearts of accountants. When a company publicly uses the term “going concern,” which a lot more are doing these days, it’s almost always bad news. Here’s why → A going ...

The Governmental Accounting Standards Board has appointed a new task force to help GASB deal with going concern uncertainties and severe financial stress disclosures. The project will consider ...

The Governmental Accounting Standards Board is adding a major project on going concern uncertainties and severe financial stress to its technical plan for the first third of this year. GASB added the ...

Investors are reading headlines about companies issuing the dreaded "ability to continue as a going concern" warning seemingly every other day. Sad to say, they might just have to get used to it. The ...