B/(W): Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Link with YTD page.) |
||
| Line 16: | Line 16: | ||
*[[Variance]] | *[[Variance]] | ||
*[[Adverse]] | *[[Adverse]] | ||
*[[YTD]] | |||
Revision as of 15:54, 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.
Under this convention, negative numbers are unfavourable, also known as 'adverse'.
When the label is (B)/W the opposite applies - negative numbers would be better and favourable.
Under (B)/W positive numbers are worse and adverse.
