News

Going concern is a determination accountants make when they believe a business will remain active for the foreseeable future. Learn about what to look for and why this matters for your portfolio.
“A lack of going concern letter is very uncommon. There have been no other such letters issued in the past 20 years. Oak Run is the only district in Shasta County that is in this situation ...
Total going concern opinions peaked in 2008 at 2,853 during the financial crisis. Going concerns and total opinions then both slowly declined until 2021 and 2022, when there was a spike due in large ...
The going concern warning may be a growing concern for investors. Auditors are required to issue a going concern warning when they believe a company might default on its debt within 12 months.
Marysville was the first Washington school district to receive a “going concern” finding from state auditors in 17 years. The last was Vader School District in rural Lewis County, which ...