Gone concern: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Expand. Sources: linked pages.)
imported>Doug Williamson
(Add links.)
 
Line 1: Line 1:
''Valuation - financial reporting - risk management - prudential regulation - capital adequacy.''
A basis of valuation or other financial assessment, which assumes discontinuance of the bank (or other undertaking) being assessed.
A basis of valuation or other financial assessment, which assumes discontinuance of the bank (or other undertaking) being assessed.


Line 9: Line 11:


== See also ==
== See also ==
*[[Capital]]
*[[Capital adequacy]]
*[[Discontinuance]]
*[[Financial reporting]]
*[[GCLAC]]
*[[Going concern]]
*[[Loss absorbing capacity]]
*[[Prudential regulation]]
*[[Risk management]]
*[[Total Loss Absorbing Capacity]]
*[[Total Loss Absorbing Capacity]]
*[[Going concern]]
*[[Valuation]]
*[[GCLAC]]


[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]

Latest revision as of 15:09, 2 June 2021

Valuation - financial reporting - risk management - prudential regulation - capital adequacy.

A basis of valuation or other financial assessment, which assumes discontinuance of the bank (or other undertaking) being assessed.


The gone concern concept is important in bank prudential regulation and capital requirements.

To be fully effective as loss absorbing capacity, capital should absorb losses when the entity is still a going concern (and not yet a 'gone concern').


See also