Going-Concern Value

Going-Concern Value – The Going-Concern value of a company compares and contrasts the value of the company’s assets upon liquidation and its’ ability to operate a business.  This is not a monetary value, but instead uses tools to assess the overall goodwill and forward thinking of that company.  When interpreting this value, a good accountant or auditor will evaluate the reputation of a company, the workforce and training, its’ equipment and buildings, whether permits and licenses are current, hiring practices, insurance coverage, along with all other documents and system and safety procedures and manuals.