B/(W): Difference between revisions
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imported>Doug Williamson (Link with YTD page.) |
imported>Doug Williamson (Link with Mostly positive page.) |
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*[[Adverse]] | *[[Adverse]] | ||
*[[YTD]] | *[[YTD]] | ||
*[[Mostly positive]] | |||
Revision as of 15:58, 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.
