Barsky cited a June audit of NuHealth’s financial statements by consultant Grant Thornton. The report said federal, local and state aid were scheduled to end or be cut back, prompting “substantial doubt about [NuHealth's] ability to continue as a going concern.” With “going concerns,” accountants prepare financial statements under the assumption that the organizations have enough resources to continue operating into the near future.
https://www.newsday.com/long-island/politics/nifa-numc-nassau-1.39509574
