Bitte benutzen Sie diese Referenz, um auf diese Ressource zu verweisen:
Volltext verfügbar? / Dokumentlieferung
doi:10.22028/D291-31975
Titel: | Concerned about Going Concern: When do Entities in Liquidation have to be Considered a Non-Going Concern According to IFRS? |
VerfasserIn: | Hasslinger, Marius Olbrich, Michael Rapp, David J. |
Sprache: | Englisch |
Titel: | Financial reporting : bilancio, controlli e comunicazione d'azienda |
Bandnummer: | 2017/1 |
Heft: | 1 |
Startseite: | 31 |
Endseite: | 61 |
Verlag/Plattform: | Angeli |
Erscheinungsjahr: | 2017 |
Dokumenttyp: | Journalartikel / Zeitschriftenartikel |
Abstract: | The rejection of the going concern premise as the underlying assumption of financial statements has far-reaching consequences for accounting. For that reason, it is vitally important to identify the appropriate point in time at which the entity can no longer be regarded as a going concern. Focussing on entities that voluntarily decided to liquidate their operations, the analysis shows that both the IFRS taxonomy and the accounting literature are rather vague on the question of the point in time at which the going concern premise is no longer appropriate. Therefore, we identify the reporting stages that are necessary in the liquidation phase. Contrary to expectations, the paper argues that the going concern assumption should not be immediately abandoned, as retaining it can provide users of financial statements with decision-useful information. In fact, the paper recommends a value chain based approach. Accordingly, the going concern assumption should not be rejected before the entity has terminated its activities at all stages of its value chain. |
DOI der Erstveröffentlichung: | 10.3280/FR2017-001002 |
URL der Erstveröffentlichung: | http://digital.casalini.it/10.3280/FR2017-001002 |
Link zu diesem Datensatz: | hdl:20.500.11880/29561 http://dx.doi.org/10.22028/D291-31975 |
ISSN: | 2036-671X 2036-6779 |
Datum des Eintrags: | 25-Aug-2020 |
Fakultät: | HW - Fakultät für Empirische Humanwissenschaften und Wirtschaftswissenschaft |
Fachrichtung: | HW - Wirtschaftswissenschaft |
Professur: | HW - Prof. Dr. Michael Olbrich |
Sammlung: | SciDok - Der Wissenschaftsserver der Universität des Saarlandes |
Dateien zu diesem Datensatz:
Es gibt keine Dateien zu dieser Ressource.
Alle Ressourcen in diesem Repository sind urheberrechtlich geschützt.