This course covers Going Concern Risk Evaluation, which involves assessing the risk that a borrower or business entity may be unable to continue operating as a going concern within the Distressed & Structured Asset Credit (ARD) credit workflow. It focuses on evaluating whether the entity possesses sufficient operational strength, financial resources, liquidity, and business viability to sustain its activities and meet obligations over the foreseeable future despite financial distress. The course emphasizes structured execution and governance practices that support objective viability assessment, distress classification, restructuring evaluation, and informed decision-making for stressed credit exposures. It evaluates key dimensions such as the sustainability of operations and the management of stressed, restructured, and non-performing credit exposures, with each requiring independent validation and documented rationale before any credit action is finalized. It is distinct from broader portfolio diversification strategy, as it focuses specifically on structured identification, going-concern assessment, escalation management, and breach response related to business continuity risk, operational viability, financial sustainability, restructuring outcomes, and recovery prospects within individual distressed exposures, while portfolio diversification strategy addresses wider portfolio allocation, concentration management, sector balancing, and enterprise-level risk optimization with separate evidence standards, ownership, and approval authority. Within Distress Severity & Viability Assessment, the credit analyst executes the assessment, completes documentation, and flags exceptions for manager review within Distressed & Structured Asset Credit (ARD) credit files, shaping escalation scope and operational priorities.