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Going concern

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Financial professionals are facing unprecedented changes in financial accounting and reporting. Economic, regulatory, and global forces are demanding higher-quality reporting while standards are in continual flux. These learning resources are designed to help you understand the knowledge and skills needed in the areas of financial accounting and reporting to appropriately serve their employers or clients.

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New challenges in a delicate process: Difficulties presented by FASB's going-concern standard

This article examines the new going concern look-forward period, disparities with audit guidance, and a new triggering threshold.

Article Going concern Foundational