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imported>Doug Williamson |
imported>Administrator |
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| 1. ''Financial reporting - accounting concepts.''
| | An occupational pension scheme operated on behalf of two or more employers connected by common ownership or management or some other close association. |
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| The going concern basis of accounting requires that the accounts are prepared using the assumption that the business will continue in operation for the foreseeable future (more than 12 months) and that there is neither the aim nor need to liquidate or limit significantly the nature of the operations.
| | == See also == |
| | | * [[Industry wide scheme]] |
| | | * [[Occupational pension scheme]] |
| 2. ''Valuation.''
| | * [[Principal employer]] |
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| More generally, a basis of valuing a business on the assumption that it will continue in operation.
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| Such a valuation may be made for accounting purposes or for other purposes.
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| 3. ''Pensions''.
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| The assumption that a pension scheme continues without being discontinued.
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| Going concern valuations are made on this basis.
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| == See also ==
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| * [[Accounting concepts]]
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| * [[Accruals concept]]
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| * [[Additional Tier 1]]
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| * [[Asset value]]
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| * [[Break-up value]]
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| * [[Consistency]]
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| * [[Disaggregation]]
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| * [[Discontinuance]]
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| * [[Discontinuance method]]
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| * [[Double entry]]
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| * [[Double entry bookkeeping]]
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| * [[Going concern]]
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| * [[Gone concern]]
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| * [[Headroom]]
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| * [[Liquidation value]]
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| * [[Total Loss Absorbing Capacity]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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Revision as of 14:20, 23 October 2012
An occupational pension scheme operated on behalf of two or more employers connected by common ownership or management or some other close association.
See also
