Going Concern Assumption l Intermediate Accounting l CPA Exam FAR
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-01-25

IN this session, I explain the going concern assumption. Under the going concern assumption, an entity is viewed as continuing in business for the foreseeable future. The going concern principle is the assumption that an entity will remain in business for the foreseeable future. 

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