The Going Concern Assumption: 3 Reasons It's the Most Important Accounting Rule You've Never Heard Of

Wed, 07 Jan 2026 06:40:29 +0000

Have you ever looked at a company's balance sheet and wondered why the value of its assets seems so out of touch with reality? A piece of land bought decades ago or a factory machine might be listed at a price that bears no resemblance to its current market value. This isn't an error; it's the result of a powerful, often invisible, rule that underpins almost all financial reporting.