The only adequate way to arrive at the value of the telephone is to consider the nation as a whole, to take it all in all as a going concern
, and to note that such a nation would be absolutely impossible without its telephone service.
Nope; never pays to split up a going concern
There's too much competition in the world anyway, and Disko says 'blood-kin hev to stick together.
All companies will be required to disclose any substantial doubts about their ability to continue as going concerns
and what is being done to alleviate them.
Here's part of the confusion: Gas stations and convenience stores, for example, are commonly bought and sold as going concerns
If the number of going concerns
continues to rise at the level one research firm expects, there will be more than 3,500 audit opinions uncertain of their going concern
assumptions in 2008.
The appraisal community's collective view on the partitioning of going concerns
into components could potentially make a tremendous difference in how the field of real estate appraisal might evolve over the next few years and beyond.
If the businesses are sold as going concerns
, it could save up to 140 jobs at Robbs and 180 in Sunderland.
59 was issued as an expectations gap standard to better serve financial statement users and to demonstrate the Auditing Standard Board's belief that auditors can and should take more responsibility for assessing the ability of their clients to continue as going concerns
, one view is that SAS No.
In general, customer-structure intangibles acquired apart from going concerns
were amortizable, whereas intangibles acquired as part of a going business were not.
Auditors are required to follow Statement on Auditing Standards (SAS) 59 on going concerns
, as updated by SAS 126, which is codified as AU-C 570.
Because most viable operating enterprises trade as going concerns
and inasmuch as most investors are not interested in allocating the value among the components, issues of the existence and magnitude of the non-real estate components and how they are to be allocated pose problems to anyone analyzing such transactions.