New going concern warnings appear to be reaching a 12-year low among companies, according to new research from Audit Analytics, but the number of companies improving well enough to shed their going concern status is also the lowest observed in the past 12 years.

The report on 2011 going concerns provided a 12-year review of trends among companies. “New going concerns (filed for the year, but not the prior year) appear to be trending to an amount that will be the lowest during the 12 years under review,” said Audit Analytics director of research Don Whalen. “New going concerns recently peaked at 1,177 for fiscal year 2007 and decreased in number each year thereafter to an estimated low of 545 new going concerns in 2011.”

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