Business As Going Concern

  business as going concern: Crash Course in Accounting and Financial Statement Analysis Matan Feldman, Arkady Libman, 2011-07-20 Seamlessly bridging academic accounting with real-life applications, Crash Course in Accounting and Financial Statement Analysis, Second Edition is the perfect guide to a complete understanding of accounting and financial statement analysis for those with no prior accounting background and those who seek a refresher.
  business as going concern: Auditor Going Concern Reporting Marshall A. Geiger, Anna Gold, Philip Wallage, 2021-06-09 Auditor reporting on going-concern-related uncertainties remains one of the most challenging issues faced by external auditors. Business owners, market participants and audit regulators want an early warning of impending business failure. However, companies typically do not welcome audit opinions indicating uncertainty regarding their future viability. Thus, the auditor’s decision to issue a going concern opinion (GCO) is a complex and multi-layered one, facing a great deal of tension. Given such a rich context, academic researchers have examined many facets related to an auditor’s decision to issue a GCO. This monograph reviews and synthesizes 182 recent GCO studies that have appeared since the last significant review published in 2013 through the end of 2019. The authors categorize studies into the three broad areas of GCO: (1) determinants, (2) accuracy and (3) consequences. As an integral part of their synthesis, they summarize the details of each study in several user-friendly tables. After discussing and synthesizing the research, they present a discussion of opportunities for future research, including issues created or exacerbated as a result of the global COVID-19 pandemic. This monograph will be of assistance to researchers interested in exploring this area of auditor responsibility. It will also be of interest to auditing firms and individual practitioners wanting to learn what academic research has examined and found regarding this challenging aspect of audit practice. Auditing standard-setters and regulators will find it of interest as the authors review numerous studies examining issues related to audit policy and regulation, and their effects on GCO decisions. The examination of GCO research is extremely timely given the financial and business disruption caused by the worldwide COVID-19 pandemic. This unprecedented global event has caused companies, auditors and professional bodies to revisit and reassess their approach to going concern, and to think even more deeply about this fundamental business imperative.
  business as going concern: The Going-Concern-Principle in Non-Financial Disclosure Rosa Lombardi, 2021-08-31 This book investigates the going-concern principle in the non-financial disclosure by companies in the international scenario proposing concepts and challenges to come. Following the main accounting literature, requirements and regulations, this book proposes the current state of the art in the non-financial disclosure, collecting main mandatory and voluntary frameworks and standards (e.g. European Directive 2014/95/UE on non-financial information, Global Reporting Initiative, International Integrated Reporting Council, Sustainability Accounting Standards Board, Climate Disclosure Standard Board, Carbon Disclosure Project, AA1000). This is a useful proposition for the investigation of the presence versus absence of the going concern in the sustainability and non-financial reports and disclosure by companies. Through a qualitative methodology, this book is intended to show the incidence of the going-concern in the non-financial disclosure and to what content and meaning it is refereed. Several issues and characteristics of information provided to stakeholders are drafted.
  business as going concern: Auditing For Dummies Maire Loughran, 2010-07-06 The easy way to master the art of auditing Want to be an auditor and need to hone your investigating skills? Look no further. This friendly guide gives you an easy-to-understand explanation of auditing — from gathering financial statements and accounting information to analyzing a client's financial position. Packed with examples, it gives you everything you need to ace an auditing course and begin a career today. Auditing 101 — get a crash course in the world of auditing and a description of the types of tasks you'll be expected to perform during a typical day on the job It's risky business — find out about audit risk and arm yourself with the know-how to collect the right type of evidence to support your decisions Auditing in the real world — dig into tons of sample business records to perform your first audit Focus on finances — learn how both ends of the financial equation — balance sheet and income statement — need to be presented on your client's financial statements Seal the deal — get the lowdown on how to wrap up your audit and write your opinion After the audit — see the types of additional services that may be asked of you after you've issued your professional opinion
  business as going concern: FRS 102 , 2015
  business as going concern: Administering the Going Concern L. L. Waters, 1962
  business as going concern: Principles of Accounting Volume 1 - Financial Accounting Mitchell Franklin, Patty Graybeal, Dixon Cooper, 2019-04-11 The text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the why as well as the how aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
  business as going concern: A Tea Reader Katrina Avila Munichiello, 2017-03-21 A Tea Reader contains a selection of stories that cover the spectrum of life. This anthology shares the ways that tea has changed lives through personal, intimate stories. Read of deep family moments, conquered heartbreak, and peace found in the face of loss. A Tea Reader includes stories from all types of tea people: people brought up in the tea tradition, those newly discovering it, classic writings from long-ago tea lovers and those making tea a career. Together these tales create a new image of a tea drinker. They show that tea is not simply something you drink, but it also provides quiet moments for making important decisions, a catalyst for conversation, and the energy we sometimes need to operate in our lives. The stories found in A Tea Reader cover the spectrum of life, such as the development of new friendships, beginning new careers, taking dream journeys, and essentially sharing the deep moments of life with friends and families. Whether you are a tea lover or not, here you will discover stories that speak to you and inspire you. Sit down, grab a cup, and read on.
  business as going concern: Accountants' Guidebook Steven M. Bragg, 2017-03-26 The accountant is responsible for many activities, which may require years of training and experience to fully comprehend. The Accountants' Guidebook provides a practical knowledge of how to complete many accounting tasks, while also imparting an understanding of the more critical accounting standards. The book is intended to accelerate the learning curve of the professional accountant. Topics covered include accounting procedures, GAAP for common transactions, closing the books, producing financial statements and other reports, collection tactics, payroll management, budgeting, and much more.
  business as going concern: IFRS 5 Non-current Assets Held for Sale and Discontinued Operations International Accounting Standards Board, 2004
  business as going concern: The Dictionary of Real Estate Appraisal , 2002 This reference book defines hundreds of terms related to buildings, properties, markets, regulations, and appraisal. Specialized sections cover property types, business valuation, international valuation, real estate organizations and professional designations, legal and regulatory aspects, uniform standards, information technology, measures and conversions, and architecture and construction. The architecture and construction section is heavily illustrated with black-and-white photographs and diagrams. Annotation copyrighted by Book News, Inc., Portland, OR.
  business as going concern: The Valuation of Business Interests Ian R. Campbell, 2001
  business as going concern: Going Concern Problems Accountants International Study Group, 1975
  business as going concern: Corporate Turnaround Artistry Jeff Sands, 2020-02-11 How to steer your business through times of financial distress and achieve sustained profitability Corporate Turnaround Artistry is a complete guide for entrepreneurial companies in times of financial distress—presenting effective strategies and proven methods to revive and rehabilitate your business. Uncertain economic times have significantly altered the financial resources available to struggling businesses. Narrowing margins and mounting internal and external pressure has taken their toll on many companies. Fortunately, most businesses can be repaired while maintaining their existing revenue structure. Offering practical steps that go beyond simple cost-cutting and sales-building advice, this invaluable guide teaches you how to control cash, secure financial relief, and develop a comprehensive turnaround plan that your employees, customers, and creditors will support. Business leaders and entrepreneurs often fall into the trap of assuming new debt when tough times strike. Author and Certified Turnaround Practitioner Jeff Sands shows that to many struggling businesses, more money is no longer the answer to the problem. Expert advice on topics including cashflow stabilization, short and long-term profit sustainability, lean management techniques, and more, provides the framework to timely and efficient corporate turnaround. From identifying the initial cash crisis to meeting with creditors and developing a plan, this essential resource will help you: Stabilize your financial liabilities and re-structure your debt Implement effective turnaround strategies without significant changes to your corporate structure Preserve the positions of your current employees and their community Give yourself a fresh start with a lean and agile business Thousands of businesses fall into financial stress every year—oftentimes in sudden and dramatic fashion—leaving CEOs and owners asking the question “How do I save my business”? Corporate Turnaround Artistry: Fix Any Business in 100 Days provides the answer.
  business as going concern: Audit Reporting for Going Concern Uncertainty Sandro Brunelli, 2018-02-07 This book employs a narrative analytical approach to explore all aspects of the debate surrounding auditor reporting on going concern uncertainty worldwide. In-depth analysis of significant academic studies and of regulatory perspectives is combined with an illuminating empirical study in the Italian context. The book opens by discussing the assessment of going concern for accounting and auditing purposes. It is examined how going concern is considered in the FASB and IASB accounting standards and how auditors in the PCAOB and IAASB environments should verify its presence in financial statements and report on it in the audit report. Accounting and auditing in relation to going concern in other jurisdictions are also addressed. Research into the determinants, accuracy, and consequences of going concern opinions (GCO) is then thoroughly reviewed, with separate examination of studies and trends in the United States, Europe, and the rest of the world. In the third part of the book, interesting evidence from the Italian Stock Market, including investor reactions to GCOs during the period 2008–2014, is presented and evaluated. The book will be of interest to academics, regulators, and practitioners alike.
  business as going concern: Ask a Manager Alison Green, 2018-05-01 From the creator of the popular website Ask a Manager and New York’s work-advice columnist comes a witty, practical guide to 200 difficult professional conversations—featuring all-new advice! There’s a reason Alison Green has been called “the Dear Abby of the work world.” Ten years as a workplace-advice columnist have taught her that people avoid awkward conversations in the office because they simply don’t know what to say. Thankfully, Green does—and in this incredibly helpful book, she tackles the tough discussions you may need to have during your career. You’ll learn what to say when • coworkers push their work on you—then take credit for it • you accidentally trash-talk someone in an email then hit “reply all” • you’re being micromanaged—or not being managed at all • you catch a colleague in a lie • your boss seems unhappy with your work • your cubemate’s loud speakerphone is making you homicidal • you got drunk at the holiday party Praise for Ask a Manager “A must-read for anyone who works . . . [Alison Green’s] advice boils down to the idea that you should be professional (even when others are not) and that communicating in a straightforward manner with candor and kindness will get you far, no matter where you work.”—Booklist (starred review) “The author’s friendly, warm, no-nonsense writing is a pleasure to read, and her advice can be widely applied to relationships in all areas of readers’ lives. Ideal for anyone new to the job market or new to management, or anyone hoping to improve their work experience.”—Library Journal (starred review) “I am a huge fan of Alison Green’s Ask a Manager column. This book is even better. It teaches us how to deal with many of the most vexing big and little problems in our workplaces—and to do so with grace, confidence, and a sense of humor.”—Robert Sutton, Stanford professor and author of The No Asshole Rule and The Asshole Survival Guide “Ask a Manager is the ultimate playbook for navigating the traditional workforce in a diplomatic but firm way.”—Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together
  business as going concern: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
  business as going concern: A Going Concern Stephen Jeffreys, 1993 London, 1966: In the dilapidated workshop of Chapel and Sons--an ailing family business specializing in the manufacture of billiard tables--three generations conspire against each other for control of a firm which might yet be turned into a goldmine as the white heat of the technological revolution approaches.
  business as going concern: The Fourth Industrial Revolution Klaus Schwab, 2017-01-03 World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.
  business as going concern: Corporate Governance in Japan Masahiko Aoki, Gregory Jackson, Hideaki Miyajima, 2007-09-06 Debates regarding corporate governance have become increasingly important in Japan as the post-war model of bank-based, stakeholder-oriented corporate governance faces the new pressures associated with globalization and growing investor demands for shareholder value. Bringing together a group of leading scholars from economics, law, sociology and management studies, this book looks at how the Japanese approach to corporate governance and the firm have changed in the post-bubble era. The contributions offer a unique empirical exploration of why and how Japanese firms are reshaping their corporate governance arrangements, leading to greater diversity among firms and new 'hybrid' forms of corporate governance. The book concludes by looking at what effect these incremental but transformative changes may have on Japan's distinctive variety of capitalism.
  business as going concern: Malaysian Private Entities Reporting Standard Liong Tong Tan, 2014
  business as going concern: Distress Investing Martin J. Whitman, Fernando Diz, 2009-04-13 Financial innovation, new laws and regulations, and the financial meltdown of 2007–2008 are just a few of the forces that have shaped, and continue to shape, today's distress investment environment. Combine this with the fact that the discipline of distress investing doesn't always follow what conventional wisdom says, and you can see why it is one of the most challenging areas in finance. Nobody understands this better than Martin Whitman—the legendary founder of Third Avenue Management LLC and a pioneer in the field of distressed markets—and leading academic Dr. Fernando Diz of Syracuse University. That's why they decided to write Distress Investing. As an outgrowth of annual distress and value investing seminars the two have taught together at Syracuse University's Martin J. Whitman School of Management, this reliable resource will help you gain a better understanding of the essential principles and techniques associated with distress investing and show you how to effectively apply them in the real world. Divided into four comprehensive parts—the General Landscape of Distress Investing, Restructuring Troubled Issuers, the Investment Process, and Cases and Implications for Public Policy—this book comprehensively covers the practice of buy-and-hold investing in distressed credits, whether it be performing loans or the reinstated issues of a reorganized issuer. From the recent changes to U.S. bankruptcy code and creditor rights to cash bailouts, you'll quickly learn how to analyze distressed situations such as pricing issues, arbitrage opportunities, tax disadvantages, and the reorganization of funding plans. Along the way, case studies of both large and small distress investing deals—from Kmart to Home Products International—will give you a better perspective of the business. Critical topics addressed throughout these pages include: Chapter 11 bankruptcy and why it's not considered an ending, but rather a beginning when it comes to distress investing The Five Basic Truths of distress investing The difficulty of due diligence for distressed issues Distress investing risks—from reorganization risk to risk associated with the alteration of priority of payments in bankruptcy Valuing companies by both going concern as well as their resource conversion attributes In today's turbulent economic environment, distress investing presents some enticing opportunities. Put yourself in a better position to excel at this endeavor with Distress Investing as your guide.
  business as going concern: The Expectation Gap Standards , 1993
  business as going concern: The Market Approach to Valuing Businesses Shannon P. Pratt, 2006-02-22 Your Best Approach to Determining Value If you're buying, selling, or valuing a business, how can you determine its true value? By basing it on present market conditions and sales of similar businesses. The market approach is the premier way to determine the value of a business or partnership. With convincing evidence of value for both buyers and sellers, it can end stalemates and get deals closed. Acclaimed for its empirical basis and objectivity, this approach is the model most favored by the IRS and the United States Tax Court-as long as it's properly implemented. Shannon Pratt's The Market Approach to Valuing Businesses, Second Edition provides a wealth of proven guidelines and resources for effective market approach implementation. You'll find information on valuing and its applications, case studies on small and midsize businesses, and a detailed analysis of the latest market approach developments, as well as: A critique of US acquisitions over the last twenty-five years An analysis of the effect of size on value Common errors in applying the market approach Court reactions to the market approach and information to help you avoid being blindsided by a litigation opponent Must reading for anyone who owns or holds a partial interest in a small or large business or a professional practice, as well as for CPAs consulting on valuations, appraisers, corporate development officers, intermediaries, and venture capitalists, The Market Approach to Valuing Businesses will show you how to successfully reach a fair agreement-one that will satisfy both buyers and sellers and stand up to scrutiny by courts and the IRS.
  business as going concern: Auditing, an Integrated Approach Alvin A. Arens, James K. Loebbecke, 1997 Offering coverage of the entire audit process, this text takes the reader through each audit cycle. It then shows how each step relates to the process as a whole. The book is completely oriented to non-complex computerized accounting systems rather than manual ones.
  business as going concern: Auditing, Assurance Services, and Forensics Felix I. Lessambo, 2018-08-02 This book provides a comprehensive presentation of auditing theory and practice. It simplifies audit concepts often considered abstract or vague to many. Written in a clear, concise, and understandable manner, the book covers the often uncovered and daring area of forensic auditing and analyses the approach thereof. Additionally, it covers the use of blockchain in audit through several illustrations and examples, and would be of interest to students, academics, and even junior auditors.
  business as going concern: Key Concepts in Business Practice Jonathan Sutherland, 2017-03-14 Key Concepts in Business Practice is one of a range of comprehensive glossaries with entries arranged alphabetically for easy reference. All major concepts, terms, theories and theorists are incorporated and cross-referenced. Additional reading and Internet research opportunities are identified. More complex terminology is made clearer with numerous diagrams and illustrations. With over 500 key terms defined, the book represents a comprehensive must-have reference for anyone studying a business-related course or those simply wishing to understand what business practice is all about. It will be especially useful as a revision aid.
  business as going concern: The Valuation of Financial Companies Mario Massari, Gianfranco Gianfrate, Laura Zanetti, 2014-01-07 This book presents the main valuation approaches that can be used to value financial institutions. By sketching 1) the different business models of banks (both commercial and investment banks) and insurance companies (life, property and casualty and reinsurance); 2) the structure and peculiarities of financial institutions’ reporting and financial statements; and 3) the main features of regulatory capital frameworks for banking and insurance (ie Basel III, Solvency II), the book addresses why such elements make the valuation of financial institutions different from the valuation of non-financial companies. The book then features the valuation models that can be used to determine the value of banks and insurance companies including the Discounted Cash Flow, Dividend Discount Model, and Residual Income Model (with the appropriate estimation techniques for the cost of capital and cash flow in financial industries). The main techniques to perform the relative valuation of financial institutions are then presented: along the traditional multiples (P/E, P/BV, P/TBV, P/NAV), the multiples based on industry-specific value drivers are discussed (for example, P/Pre Provision Profit, P/Deposits, P/Premiums, P/Number of branches). Further valuation tools such as the “Value Maps” or the “Warranted Equity Method” will be explained and discussed. The closing section of the book will briefly focus on the valuation of specific financial companies/vehicles such as closed-end funds, private equity funds, leasing companies, etc.
  business as going concern: Valuing Machinery and Equipment , 2020
  business as going concern: Cambridge Advanced Learner's Dictionary Kate Woodford, Guy Jackson, 2003 The Cambridge Advanced Learner's Dictionary is the ideal dictionary for advanced EFL/ESL learners. Easy to use and with a great CD-ROM - the perfect learner's dictionary for exam success. First published as the Cambridge International Dictionary of English, this new edition has been completely updated and redesigned. - References to over 170,000 words, phrases and examples explained in clear and natural English - All the important new words that have come into the language (e.g. dirty bomb, lairy, 9/11, clickable) - Over 200 'Common Learner Error' notes, based on the Cambridge Learner Corpus from Cambridge ESOL exams Plus, on the CD-ROM: - SMART thesaurus - lets you find all the words with the same meaning - QUICKfind - automatically looks up words while you are working on-screen - SUPERwrite - tools for advanced writing, giving help with grammar and collocation - Hear and practise all the words.
  business as going concern: Internal Revenue Bulletin United States. Internal Revenue Service, 1999
  business as going concern: Industrial Series United States. Bureau of Foreign and Domestic Commerce, 1941
  business as going concern: Code of Federal Regulations , 1970 Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries.
  business as going concern: Internal Revenue Cumulative Bulletin United States. Internal Revenue Service, 1991
  business as going concern: The Chicago City Manual Chicago (Ill.). Bureau of Statistics, 1913
  business as going concern: William A. Paton Kelly L. Williams, Howard J. Lawrence, 2018-10-04 This groundbreaking study explores major influences on Paton’s thoughts on accounting and shows how Paton was an active participant in the professional accounting organizations of his day.
  business as going concern: ACCA Paper F8 - Audit and Assurance (INT) Practice and revision kit BPP Learning Media, 2012-01-01 The examiner-reviewed F8 Practice and Revision Kit provides you with many real exam questions as well as a suggested question plan to assist you in your revision phase. Answers include references back to the Study Text so that you can go back to the material if you need to. Additional help is provided in the form of 'Top tips' and 'Easy marks'.
  business as going concern: Business Taxpayer Information Publications , 2000
  business as going concern: A Digest of the Decisions of the Railroad Commission of Wisconsin Railroad Commission of Wisconsin, 1915
  business as going concern: Public Service , 1908
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys and….

VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….

ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, especially one that….

INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the person who has or….

AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned before it happens: 2. made….

LEVERAGE | English meaning - Cambridge Dictionary
LEVERAGE definition: 1. the action or advantage of using a lever: 2. power to influence people and get the results you….

ENTREPRENEUR | English meaning - Cambridge Dictionary
ENTREPRENEUR definition: 1. someone who starts their own business, especially when this involves seeing a new opportunity….

CULTIVATE | English meaning - Cambridge Dictionary
CULTIVATE definition: 1. to prepare land and grow crops on it, or to grow a particular crop: 2. to try to develop and….

EQUITY | English meaning - Cambridge Dictionary
EQUITY definition: 1. the value of a company, divided into many equal parts owned by the shareholders, or one of the….

LIAISE | English meaning - Cambridge Dictionary
LIAISE definition: 1. to speak to people in other organizations, etc. in order to work with them or exchange….

The Going Concern Assumption: A Critical Appr…
"The going concern assumption is not without defects. Statistics on the length of life of business undertakings do not …

Talk Tax Sale of Going Concern Business - FRCS
sale. Only the legal ownership of the business changes. FS: How does FRCA determine that a business was sold …

Transfer of business between distinct persons q…
business by way of merger qualifies as a supply and such transfer will be on a going concern basis. • Further, the …

ISA 570 (Revised), Going Concern - MIA
audit of financial statements relating to going concern and the implications for the auditor’s report. (Ref: Para. A1) …

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going concern and the income as business income rather than rental income. But, under our current policy, …

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prepared on either a going concern basis or an alternate basis of accounting. Entities preparing financial …

Request for transfer of a registration number - GOV.…
Transfer of a business as a going concern. Request for transfer of a registration number. Important. l. ou …

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Getting into more detail on going concern considerations, including financing challenges Under IFRS® …

GUIDE TRANSFER OF BUSINESS AS A GOING CON…
TOGC may involve the transfer of a whole or part of a business as a going concern from a taxable person to …

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Jan 10, 2025 · Going concern or the principle of business continuity is the principle of the survival of an entity …

Transfer of a going concern - Singapore Management Uni…
• The business or part transferred must be a going concern at the time of the transfer - Being in financial …

COMMONLY USED METHODS OF VALUATION - NACVA
Going Concern Premise 2. Income Approach a. Capitalization of Earnings/Cash Flows Method b. …

VAT 68 - Transfer of a business as a going concer…
Value Added Tax Transfer of a business as a going concern Request for transfer of a registration number Important: l …

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Both appraisers valued the subject property by first determining the going concern value, or total business value, …

Hyde Valuing Real Property Going Concerns - Appraiser…
real property going concern as simply a “going concern.” The problem with this definition is that many businesses …

Empirical study on the impact of working capital m…
To achieve the going concern of business, management must emphasize effective and efficient working capital …

Liquidation Process on a Going Concern Basis - Argu…
Sep 13, 2019 · (e) the corporate debtor as a going concern; or (f) the business(s) of the corporate debtor as a going …

Auditor Reporting for Going -Concern Uncertainty: Resea…
Executive summary: The auditor’s decision regarding a going concern opinion (GCO) is among their most …

Predictive models of going concerns and business fail…
Although studies on going concern and business failure have grown over the years, bibliometric reviews are …

The going concern assumptions and presentati…
will continue as a going concern and operate normal business functions into the future. Historically, the external …

Factors Affecting Going Concern Audit Opinions - A…
American International Journal of Business Management (AIJBM) ISSN- 2379-106X, www.aijbm.com Volume …

PROPOSED AMENDMENTS IN LIQUIDATION REGULATION…
The transfer of business as a going concern is a well- known concept in the Income Tax Act, 1961 also, and has …

SBA, SOP and Business, Real Estate and Going Concern A…
“certified” or “qualified” business appraiser to perform all going concern or special use properties when there is …

12 Transfer of a Business as a Going Concern (‘TOGC’)
12.4 General condition (1): business assets transferred as part of a going concern The TOGC rules do not apply …

NCERT Solutions for Class 11 Accountancy Chapter 2 The…
a going concern? Ans: Going Concern is critical for accountants since it leads to the adoption of other business …

DRAFT INTERPRETATION NOTE 57 (Issue 2)
a going concern and the value of the taxable supplies made by the supplier of the going concern has exceeded R50 …

SELLING A BUSINESS - Sabinet African Journals
the business is sold as a going concern, then the output tax could be levied at a zero-rate if both the purchaser and …

Course Schedule - Appraisal Institute
A Going-Concern Business Appraisal, cont. Sometimes Intangible Assets Can Be Valued Separately Estimation of a …

requirements proposed for going - KPMG
proposed for going concern assessment This article aims to: • Provide an overview of the proposed revisions to …

Tax First Newsletter October 2016 - PwC
at the rate of zero percent. The sale or disposing of a business enterprise as a going concern, amongst other …

Outsourcing and s197 of the LRA - workplace.co.za
where a going concern transfer takes place in the context of insolvency, s197A regulates the terms on which a …

GST ON TRANSFER OF BUSINESS DUE TO DEATH, …
Transfer/ sale of business as a ‘going concern’ (commonly called, lock-stock-barrel basis)is not supply of goods. …

Sale of business on a 'going concern' basis is a 'slump s…
business on a going concern basis where the assets or liabilities. In the case of Artex Manufacturing Co.6, the …

A practical guide to viability reporting - KPMG
whose business model was reliant on wholesale credit markets, that, against all former expectation and experience, …

Guidance on the Going Concern Basis of Accountin…
Oct 23, 2024 · the Code relating to the going concern basis of accounting and the reporting of solvency and liquidity …

ON TRANSFER OF BUSINESS AS A GOING CONCERN - cti…
GUIDE ON TRANSFER OF BUSINESS AS A GOING CONCERN as at 22 May 2015 INTRODUCTION 1. This industry guide …

Audit Quality and Accounting Going Concern: An Altman …
Audit Quality and Accounting Going Concern: An Altman Z score Approach Udeme Enobong Eshiet1, Michael …

Transfer of Business - Revenue Commissioners
The classic transfer of a business as a going concern will include the transfer of all seven. However, some businesses …

LIQUIDATION, BUSINESS RESCUE AND COMPROMIS…
business as a going concern or because certain contracts need to be continued with in order to generate funds for …

IN THE LABOUR COURT OF SOUTH AFRICA (HELD IN D…
business as a going concern has occurred, such as the transfer or otherwise of assets both tangible and …

Info sheet - Transfer of contracts of employment
this does NOT constitute a transfer of a business as a going concern. The business itself is the employer, not …

GAS STATION/ C-STORE GOING-CONCERN VALUATI…
The Cost Approach is used to allocate going-concern assets by residual technique; if residual is positive …

When Texans voted to exempt intangible personal …
aggregate as a going concern.* This concept embodies an estimate of the value of the temporary advantage …

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Taxation considerations on the sale and purchase of a …
place, it may be possible to claim the transfer of a business as a going concern exemption. Recap on the VAT …

CONDITIONS OF SALE OF AGRICULTURAL PROPERTY
6.1.1 The parties agree that the business is sold as a going concern in terms of Section 11(1)(e) of the VAT Act 89 of …

Going Concern and Other Uncertainties - 2020innova…
TS4 Pinewood Business Park Coleshill Road Birmingham B37 7HG Tel. +44 (0) 121 314 2020 …

Going Concern - Institute of Singapore Chartered Accou…
Use of Going Concern Assumption Appropriate but a Material Uncertainty Exists A20-A24 ... its assets and …

Financial statements - Airtel Africa
Group’s mobile money business. Going concern has not been included as key audit matter this year given the …