Fortführungsprinzip
Fortführungsprinzip refers to a fundamental accounting principle that assumes a business will continue to operate in the foreseeable future. This principle, also known as the going concern assumption, is crucial for financial reporting as it underpins many accounting procedures and valuations.
If the Fortführungsprinzip is applied, assets are typically recorded at their historical cost and depreciated over
However, if there is significant doubt about a company's ability to continue as a going concern, this