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Corus Bankshares Receives Going-concern Notice
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CORS
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CHICAGO (AP) Corus Bankshares Inc. said Tuesday its audited financial statements for the fiscal year included in the company's annual report contained a going-concern qualification from its accountants.
The announcement is required by Nasdaq rules, which require separate disclosure of receipt of an audit opinion containing a going-concern qualification.
A going-concern qualification refers to the auditor's assessment of a company's ability to continue to operate for the foreseeable future. ...
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