Identify financial red flags, manage distress, and prepare going concern analyses to ensure long-term sustainability of your not-for-profit.
Professional Insights
The Importance of Going Concern Evaluation for Nonprofits
AICPA Not-for-Profit SectionSep 19, 2025 · 4 min read
SECTION
EXCLUSIVE
Going concern evaluation is a critical component of financial oversight for nonprofits. By gaining insights into key indicators, organizations can better assess their financial health and identify potential risks that may threaten their long-term viability. This proactive approach allows management to develop and implement strategies to address financial distress before it escalates, ensuring the organization can continue to fulfill its mission. Additionally,
Reserved for AICPA® & CIMA® Members and NFP Section Members
Already a member of the AICPA or CIMA? Or a NFP Section Member?
Log in with your account
Not a member of the AICPA or CIMA? Or a NFP Section Member?
To gain access to exclusive content, your first step is to join the AICPA or CIMA.
Discover the benefits of: