exceptional or extraordinary items
1extraordinary items — Items that are material, not expected to recur frequently and derive from outside the ordinary activities of the company. Contrast this with an exceptional item, which is derived from within the ordinary activities of the company. The impact that …
2extraordinary items — Accounting income, gains, expenses, or losses resulting from transactions or events that are both unusual in their nature and infrequent in their occurrence. The GAAP requirements for defining something as extraordinary are strict. The exact… …
3extraordinary items — Costs or income affecting a company s profit and loss account that do not derive from the ordinary activities of the company, are not expected to recur, and, if undisclosed, would distort the normal trend of profits. Such items are therefore… …
4extraordinary items — Costs or income affecting a company s profit and loss account that do not derive from the normal activities of the company, are not expected to recur, and, if undisclosed, would distort the normal trend of profits. Such items are disclosed after… …
5extraordinary items — /ɪk strɔ:d(ə)n(ə)ri ˌaɪtəmz/ plural noun large items of income or expenditure which do not arise from normal trading and which do not occur every year. They are shown separately on the profit and loss account after taxation, as opposed to… …
6exceptional items — Part of a company s profit and loss account. Items which are material, derived from events or transactions within a company s ordinary activities and which need to be disclosed separately to ensure that the company s accounts give a true and fair …
7extraordinary item — An unusual and unexpected one time event that must be explained to shareholders in an annual or quarterly report, e.g., write down for a discontinued operation, employee fraud, a lawsuit, or other one time events. Results are often presented with …
8Exceptional Item — Charges incurred that must be noted on a company s balance sheet, in accordance with GAAP principles. Even though they are considered to be part of ordinary business charges, exceptional items must be disclosed due to their sheer size or… …
9exceptional items — Costs or income affecting a company s profit and loss account that fall within the ordinary activities of the reporting entity, but need to be disclosed because of their exceptional size or incidence if the financial statements are to give a true …
10exceptional items — Costs or income affecting a company s profit and loss account that arise from the normal activities of the company but are of exceptional magnitude, either large or small. Unlike extraordinary items they are included in the calculation of the… …
