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This quote explains that in “going concern”, ‘going’ means ‘ongoing’. No, it's not a "concern" in the sense of "worries". It's a concern in the sense of "commercial enterprise, entity". Simila...
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accounting
#1: Initial revision
Why ‘going’, in “going concern”?
This quote explains that in “going concern”, ‘going’ means ‘ongoing’. >[No, it's not a "concern" in the sense of "worries". It's a concern in the sense of "commercial enterprise, entity". Similarly, it's not "going" in the sense of "leaving" or "going out of business", but "going" as in **"ongoing, viable" [my emphasis]**. So, "going concern" is not a negative thing, meaning "bankruptcy worries" or so, but a positive thing, meaning "viable enterprise".](https://news.ycombinator.com/item?id=14087397) But it is weird to describe a business as ‘going’. Native English speakers refer to "running" or "operating" a business, or that a business is “ongoing, viable”. I never heard anyone refer to ‘going’ a business, or that a business is ‘going’. #### Why ‘going’, in “going concern”? ### Why's this term not “ongoing concern”, or “operating concern”?