Problemi di inquadramento della prospettiva di continuità aziendale nella crisi di impresa

The aim of the paper is to identify the reference frame of the going concern concept and its applications in the corporate financial distress. For this purpose, firstly the paper identifies the origin of the going concern concept, stressing the existence of a two-perspective analysis: the accounting perspective and the operating perspective. On account of this, arrangements for the verification of the going concern existence cannot be considered equivalent to a simple auditing of the accounting statement, being required a full and thorough business analysis, considering the economic efficiency and the working order of the business too. Secondly, the study underlines as the going concern, beyond its effects on the accounting point of view, represents a character of the business intended to distinguish an ordinary working condition from the discontinuance of the business. Thirdly, the paper identifies the connected effects on the accounting setting, also by means of a comparative study between the accounting interpretation and the legal one in the company and bankruptcy law. The latter identifies the insolvency mainly with a money distress, therefore the necessary consideration of the economic and patrimonial sphere is lacking. The results of this analysis allows to highlight some contradictions characterizing the legal setting, pointing out the necessity to recover the economic and accounting interpretation of the going concern assumption