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Titlebook: Corporate Financial Distress; Going Concern Evalua Marisa Agostini Book 2018 The Editor(s) (if applicable) and The Author(s) 2018 corporate

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Introduction,ively the responsibility of auditors. The book analyses the timing of going concern evaluation during corporate financial distress, in order to introduce the recent modifications of accounting and auditing standards in both US and international contexts.
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Corporate Financial Distress: A Roadmap of the Academic Literature Concerning its Definition and Toundetected). The cases examined here are also relevant for understanding the passage of the focus of academic debate from prediction to explanation in order to minutely examine how companies mutate from successful into distressed ones.
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Going Concern Evaluation in the US Context: The Respective Roles of Auditors and Managers, continue as a going concern. The chapter analyses a sample of US distressed companies to examine the timeliness of going concern decisions and examines the content evolutions of US accounting and auditing standards.
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The Editor(s) (if applicable) and The Author(s) 2018
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https://doi.org/10.1007/978-3-030-41657-7cial distress permits us to define it independently from the financial nature of its causes: companies may also face financial distress as a consequence of non-financial factors characterizing its starting point. After this initial step, a firm may either recover its financial situation (temporary d
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,Reflections on “Supreme Emergency”, be assessed in time and in a proper fashion. In the US, going concern assessment has traditionally been the auditors’ responsibility, but investors have complained that by the time auditors make the assessment, a failing business is already on the verge of bankruptcy. For this reason, US interested
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