Going concern assessments are drawing renewed attention. AICPA standard setters help refresh what you know about this ...
The National Financial Reporting Authority urges auditors to critically evaluate going concern audits by challenging management forecasts, funding assurances, and enhancing audit rigor. Emphasis on ...
The new standard, Statement on Auditing Standards No. 132, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern (AICPA, Professional Standards, AU-C sec. 570), supersedes ...
"Going concern" is a commonly used term for a healthy business but it also is a core accounting principle. In accounting, a company is either a going concern or is not financially viable. This ...
The International Auditing and Assurance Standards Board released a revised global standard on how auditors should evaluate a business' prospects as a going concern. Processing Content International ...
ROCHESTER, N.Y., May 08, 2026 (GLOBE NEWSWIRE)-- DSS, Inc. (NYSE American: DSS) announced that its annual report (10-K) for the fiscal year ending December 31, 2025, filed on March 31, 2026, includes ...
Channel Therapeutics Corporation, a clinical-stage biotechnology firm focused on non-opioid pain treatments, announced on May 1, 2025, that its audited financial statements included a going concern ...
Catheter Precision announced its audit opinion raised concerns about ongoing financial stability, as detailed in its recent 10-K report. Catheter Precision, Inc. has announced that its 2024 annual ...
EVERETT — In their latest report on Marysville School District’s finances, state auditors removed a rare finding issued last year that questioned the district’s ability to continue operating. This ...
Companies should expect auditors to look more closely at their ability to remain going concerns, even if their recent annual reports gave a healthier impression. The number of going-concern filings, ...