What is the meaning of GOING CONCERN?

GOING CONCERN refers to the liquidity of a concern. If the concern is illiquid, the viability of that concern being able to continue to operate is in doubt.

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APABarry Goldsmith. (2010). going concern. Retrieved September 20, 2026, from http://smartdefine.org/going_concern/definitions/1154978
ChicagoBarry Goldsmith. 2010. "going concern" http://smartdefine.org/going_concern/definitions/1154978 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, going concern, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/going_concern/definitions/1154978>.
MLABarry Goldsmith. "going concern" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/going_concern/definitions/1154978>