Define: Going Concern Basis

UK Accounting Glossary

Definition: Going Concern Basis


Quick Summary of Going Concern Basis


The assumption that the business will continue operating into the foreseeable future.



What is the dictionary definition of Going Concern Basis?

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Full Definition of Going Concern Basis



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Going Concern Basis FAQ's



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/going-concern-basis/
Modern Language Association (MLA):
Going Concern Basis. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 20, 2019 https://payrollheaven.com/define/going-concern-basis/.
Chicago Manual of Style (CMS):
Going Concern Basis. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/going-concern-basis/ (accessed: September 20, 2019).
American Psychological Association (APA):
Going Concern Basis. PayrollHeaven.com. Retrieved September 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/going-concern-basis/

Definition Sources


Definitions for Going Concern Basis are sourced/syndicated from:


This glossary post was last updated: 23rd December 2018.