Sign convention

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Revision as of 12:25, 23 July 2022 by imported>Doug Williamson (Add link.)
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In reporting and modelling, a decision about the meaning of positive and negative numbers.

Many errors and failures of understanding result from not establishing sign conventions, or not following them consistently.


Examples of sign conventions include:

  • Assets / (liabilities)
  • Income / (expense)
  • Inflow / (outflow)
  • Mostly positive
  • B/(W)


See also