gone concern; liquidation basis

简明释义

企业清算基础

英英释义

例句

1.The audit revealed that the organization was operating under a gone concern; liquidation basis, leading to significant asset write-downs.

审计显示该组织是在持续经营; 清算基础下运作，导致资产大幅减值。

2.Investors should be cautious when evaluating firms that report under a gone concern; liquidation basis as it reflects potential insolvency.

投资者在评估以持续经营; 清算基础报告的公司时应谨慎，因为这反映出潜在的无力偿债。

3.The company's financial statements were prepared on a gone concern; liquidation basis, indicating that it may not continue its operations in the near future.

公司的财务报表是基于持续经营; 清算基础编制的，这表明它可能在不久的将来无法继续运营。

4.A gone concern; liquidation basis assessment is crucial for stakeholders to understand the viability of their investments.

对利益相关者来说，进行持续经营; 清算基础评估对于理解其投资的可行性至关重要。

5.When a business shifts to a gone concern; liquidation basis, it signals that management expects to wind down operations.

当一家企业转向持续经营; 清算基础时，这表明管理层预计将结束运营。

作文

In the world of finance and accounting, the terms "gone concern" and "liquidation basis" represent two distinct concepts that are crucial for understanding the state of a business. A company is considered a "gone concern" when it is unable to continue its operations in the foreseeable future, typically due to financial distress or insolvency. This situation raises significant concerns for stakeholders, including investors, creditors, and employees, as it indicates that the company may be on the brink of closure. The implications of being labeled a "gone concern" are profound; it affects how the company's financial statements are prepared and presented, often leading to a shift in focus from profitability to the recovery of assets.When a business is identified as a "gone concern", it may need to transition to a "liquidation basis" of accounting. This means that the company will cease its normal operations and begin the process of selling off its assets to pay creditors. Under the "liquidation basis" of accounting, the financial statements reflect the estimated proceeds from the sale of assets rather than ongoing operational revenues. This approach provides a more realistic view of the company's financial situation, allowing stakeholders to assess the potential recovery of their investments.The transition from a "gone concern" status to a "liquidation basis" can be a challenging and emotional process for everyone involved. Employees may face job losses, while creditors may have to deal with the harsh reality of not recovering the full amount owed to them. Investors often find themselves grappling with significant financial losses, and the overall impact on the market can be considerable. Understanding the distinction between these two terms is essential for anyone involved in business management or investment. For instance, when a company is facing financial difficulties, management must evaluate whether it can continue as a "gone concern" or if it should prepare to enter a "liquidation basis". This decision can influence strategic planning, budgeting, and even day-to-day operations. Moreover, auditors are required to assess the company's ability to continue as a "gone concern" during their audits, which can affect the company's credibility and reputation.In conclusion, the concepts of "gone concern" and "liquidation basis" are critical for understanding the financial health of a business. They highlight the importance of assessing a company's viability and the potential consequences of financial distress. Stakeholders must remain vigilant and informed about these terms to make sound decisions regarding their investments and involvement with the company. As the business landscape continues to evolve, the ability to recognize and respond to the signs of a "gone concern" status will become increasingly vital for ensuring long-term success and stability in the ever-changing market environment.

在金融和会计的世界中，术语“gone concern”和“liquidation basis”代表着两个重要的概念，对于理解企业的状态至关重要。当一家公司由于财务困境或破产而无法在可预见的未来继续运营时，它被认为是“gone concern”。这种情况引发了利益相关者，包括投资者、债权人和员工的重大担忧，因为这表明公司可能面临关闭的边缘。被标记为“gone concern”的影响是深远的；它影响公司的财务报表的准备和呈现，通常导致关注点从盈利能力转向资产的回收。当一家企业被认定为“gone concern”时，可能需要转向“liquidation basis”的会计基础。这意味着公司将停止正常运营，并开始出售其资产以偿还债务。在“liquidation basis”的会计基础下，财务报表反映的是资产出售的预计收益，而不是持续的运营收入。这种方法提供了公司财务状况的更现实的视图，使利益相关者能够评估其投资的潜在回收。从“gone concern”状态过渡到“liquidation basis”可能是一个具有挑战性和情感冲击的过程，涉及所有参与者。员工可能面临失业，债权人可能不得不面对未能全额收回款项的严酷现实。投资者常常发现自己在与重大财务损失作斗争，整体市场的影响可能相当可观。理解这两个术语之间的区别对于任何参与企业管理或投资的人来说都是至关重要的。例如，当一家公司面临财务困难时，管理层必须评估它是否可以作为“gone concern”继续运营，或者是否应该准备进入“liquidation basis”。这一决定可能会影响战略规划、预算甚至日常运营。此外，审计师在审计过程中需要评估公司继续作为“gone concern”的能力，这可能会影响公司的信誉和声誉。总之，“gone concern”和“liquidation basis”的概念对于理解企业的财务健康至关重要。它们突显了评估公司生存能力的重要性以及财务困境的潜在后果。利益相关者必须保持警惕并了解这些术语，以便就其投资和与公司的参与做出明智的决策。随着商业环境的不断演变，识别和应对“gone concern”状态迹象的能力将变得越来越重要，以确保在不断变化的市场环境中实现长期成功和稳定。