Dr. John H. Nugent, The Going Concern Opinion: A Time for a Referendum?

Author: Dr. John H. Nugent, BSL DBA graduate, 1989

In 2013, two publications Dr. Nugent authored or served as the lead author on have had a major national impact.  The first, served as an information element for the American Institute of Certified Public Accountants (AICPA) to issue a call for a referendum on the “Going Concern Opinion.”  This was the subject of the paper Nugent served as lead author on titled: The Going Concern Opinion: A Time for a Referendum?.  This 2010 paper defined the need for a   referendum and called for the establishment of a ‘bright line’ in making a going concern decision.