B/(W): Difference between revisions
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Better / (Worse). | Better / (Worse). | ||
A label in financial reporting to indicate whether positive differences are good news - also known as better | A label in financial reporting to indicate whether positive differences are good news - also known as 'favourable', or more simply better. | ||
When the label is B/(W) the positive numbers are better than budget or prior period. | When the label is B/(W) the positive numbers are better than budget or prior period. |
Revision as of 15:08, 15 November 2015
Better / (Worse).
A label in financial reporting to indicate whether positive differences are good news - also known as 'favourable', or more simply better.
When the label is B/(W) the positive numbers are better than budget or prior period.
When the label is (B)/W the opposite applies - negative numbers would be better and favourable.