Contemporary accounting assumes the entity will remain in operation for the foreseeable future. This assumption is known as the "going concern" or the "continuity" convention.
现代会计假定一个单位将在可预见的未来继续经营,这种假定被称为“持续经营的企业”或“持续经营”惯例。
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This problem arises from the decline in bond prices and the insurance accountingconvention that allows companies to carry bonds at amortized cost, regardless of market value.