Fortlevnadsprincipen (Going conern)
Low: 2 Chapter. 4 § first paragraph of section 1 ÅRL
4 § In preparing the balance sheet, income statement and notes on the following observed:
1. The company shall be presumed to continue operations.
2. The same principles of valuation, classification and categorization of the different lines and, where appropriate, sub-items must be applied consistently from one period to another.
3. The valuation of the different lines and, where appropriate, sub-items shall be made on a prudent. In particular the
a) only during the fiscal year noted may be included in the income,
b) account of all financial obligations that are attributable to the fiscal year or prior financial years, even if these obligations become apparent only after the closing date but before the establishment of annual, and that
c) into account the value declines regardless of the outcome for the year is a gain or a loss.
4. Revenues and expenses attributable to the fiscal year shall be included regardless of time of payment.
5. The various elements that balance sheet items and, where appropriate, installments consisting of the valuation of.
6. Assets and liabilities or debts may not be offset against each other. Nor shall the revenues and expenses are offset against each other.
7. The opening balance for a fiscal year shall be consistent with the closing balance for the last financial year.
If there are special reasons, and it is compatible with 2 and 3 §§, may deviate from the provisions of the first paragraph. In this case, the explanation of the reasons for the deviation, and an assessment of its impact on the company's financial position and results given in the notes. Create (2004:1173).
Going concern betyder?
Going concern means that the company shall be presumed to continue its operations for a period of one 12 months. If the company can continue to operate for a period of one year, people talk of the existence of going concern problems, which means that the company does not förusätts survive for more than 1 years if not with equity capital of the company.