Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Exceptional 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… … Investment dictionary
exceptional item — A transaction separately reported or disclosed in an *income statement on account of its *materiality unusual nature, or infrequency Exceptional items arise from normal operating activities, and examples may include the write off of a significant … Auditor's dictionary
Exceptional Item — An item that is within normal business activities, but is of unusual size. It is usually recorded separately in the profit and loss account. ► See also Extraordinary Item … Financial and business terms
exceptional 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 … Financial and business terms
exceptional — adjective unusual; not typical. ↘unusually good. noun an item in a company s accounts arising from its normal activity but much larger or smaller than usual. Derivatives exceptionality noun exceptionally adverb … English new terms dictionary
extraordinary 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 … Financial and business terms
extraordinary item — A transaction separately reported or disclosed in an *income statement on account of its *materiality, unusual nature, or infrequency. Extraordinary items arise from events outside normal operating activities, and examples may include large scale … Auditor's dictionary
above the line — aˌbove the ˈline , above the line adjective 1. ACCOUNTING relating to a figure included in a statement of a company s profits and losses before tax has been paid, not after tax: • The acquisitions will be treated as above the line exceptional… … Financial and business terms
below the line — beˌlow the ˈline , below the line adjective 1. ACCOUNTING relating to profits after exceptional (= profits and losses that are made in a particular period of time but do not occur regularly) have been taken into account: • Provisions on doubtful… … Financial and business terms
Renishaw plc — is an engineering company based in Wotton under Edge in Gloucestershire, England. Renishaw is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.Renishaw specialises in industrial metrology and spectroscopy and sells… … Wikipedia
