期刊名称：Annals of the University of Oradea : Economic Science
印刷版ISSN：1222-569X
电子版ISSN：1582-5450
出版年度：2009
卷号：XVIII
期号：03
出版社：University of Oradea
摘要：In an attempt to select and comprise what has been said so far on the subject of accounting principles, we
have chosen to address the going concern principle, explaining its reflection in a particular situation that a
company could find itself into – bankruptcy. Therefore, we have reviewed the existing literature on the
going concern principle for the purpose of linking it to the bankruptcy of companies. What we are showing
here is that there is a pulsing relationship between bankruptcy and the going concern assumption. In other
words, both the going concern principle and the state of being bankrupt send signals back and forth,
helping managers to plan, predict, and foresee the course of life for their company.
