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What does GCA stand for?

GCA stands for going concern assumption

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of GCA

Other Resources:
We have 277 other meanings of GCA in our Acronym Attic

Samples in periodicals archive:

Our conclusion from our evaluation is that we do not have sufficient appropriate audit evidence to conclude whether the directors' use of the going concern assumption is appropriate in the circumstances.
Material Events Regarding Going Concern Assumption In fiscal 2009, conditions gave rise to material uncertainty about Pioneer"s ability to continue its business activities into the future, due to deterioration in its financial position, resulting from a sharp drop in operating revenue, large losses and significant net cash used in operating activities.
The financial statements include a going concern assumption note as the corporation's ability to continue operating as a going concern is dependent on its raising additional financing and achieving a profit on its business.