a going concern

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a going concern

A business, enterprise, or activity that has done well thus far and is expected to continue making a profit. The odds weren't great setting up another café in town, but it has since become a going concern.
See also: concern, going
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

a ˌgoing conˈcern

a business or an activity that is making a profit and is expected to continue to do well: He sold the cafe as a going concern.
See also: concern, going
Farlex Partner Idioms Dictionary © Farlex 2017
See also:
References in classic literature ?
The only adequate way to arrive at the value of the telephone is to consider the nation as a whole, to take it all in all as a going concern, and to note that such a nation would be absolutely impossible without its telephone service.
"Nope; never pays to split up a going concern There's too much competition in the world anyway, and Disko says 'blood-kin hev to stick together.' His crowd never go back on him.
The SEC addressed the going concern assumption by requiring independent auditors of issuing entities to evaluate going concern.
367(d) temporary regulations for the transfer of foreign goodwill and going concern value.
The auditor's requirements related to going concern are defined in the AICPA Statements on Auditing Standards (see AU-C Section 570, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern).
12 December 2014 - Canada-based oil exploration and development company Ivanhoe Energy Inc.'s (TSX: IE) (NASDAQ: IVAN) (TSX: IE.DB) board of directors is considering a possible sale of the company in the face of liquidity problems that forced the Ivanhoe to include a 'going concern' warning in its 3Q14 10-Q filing, the company said on Friday.
M2 EQUITYBITES-December 12, 2014-Ivanhoe Energy Mulls Sale of Company in Face of 'Going Concern' Determination
FASB has issued a proposal to improve disclosures of uncertainties related to an organization's ability to continue as a going concern. Stakeholders are asked to review and provide comments on proposed Accounting Standards Update, Presentation of Financial Statements (Topic 205): Disclosure of Uncertainties about an Entity's Going Concern Presumption, by Sept.
In the US, the Financial Accounting Standards Board is expected to revisit 2008 proposals that would address the knotty issue of "going concern" warnings, with a view to ensuring that alarms are sounded before companies fail.
1 that the Appraisal Institute's new course, "Fundamentals of Separating Real and Personal Property from Intangible Business Assets," is required for specialized going concern appraisals.
This article revisits proposed methodologies for allocating the value of the going concern to real estate, tangible personal property, and business enterprise value (BEV).
Auditors of Key Microfinance Bank, formerly Remu, have cast doubts on the firm's continued operations in the long-term due to recurring losses, unless it receives a fresh capital injection.The microlender's accumulating losses, the auditors warned, have put its 'going concern' status in jeopardy.
The company on Friday night announced that it is facing significant liquidity issues such that it may not be able to continue as a going concern due to estimated liabilities of $240M related to the U.S.
The auditors are believed to have issues regarding the airline being a going concern, they added.