Guidanr to improve financial reporting of going concern uncertainties.

The Financial Accounting Standards Board issued Accounting Standards Update No. 2014-15, Presentation of Financial Statements--Going Concern 1Subtopic 205-401: Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern.

The update defines management's responsibility to evaluate whether there is substantial doubt about an organization's ability to continue as a going concern and to provide related footnote disclosures. It provides guidance to an organization's management, with principles and definitions that are intended to...