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Dueling Thresholds Emerge on Going-Concern Warnings
By Tammy Whitehouse2015-02-18T12:15:00
Image: A new accounting standard meant to give investors more warning of when a company is in trouble could actually lead to less warning of trouble. Audit and accounting professionals are struggling over conflicting interpretations of “substantial doubt,” and the answer is not easy. “I’m not sure if the standard ...
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