MoM and Period of account: Difference between pages

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Month On Month, particularly in the context of percentage growth or decline.
''Financial reporting''.
 
A period for which a company prepares a set of statutory accounts.
 
:<span style="color:#4B0082">'''''The economic impacts of Covid-19 to date'''''</span>
Also known as accounting period.
 
:"It is clear that the Covid-19 outbreak and measures designed to tackle it have led to a very large and rapid decline in economic activity that is without precedent in recent times...  
 
:As these effects began to develop, GDP fell by 2% in Q1 (with a 5.8% MoM drop in March), and a range of business surveys have shown unprecedented weakness since then."
 
:''Michael Saunders, External Member of the Bank of England's Monetary Policy Committee, May 2020.''
 


== See also ==
== See also ==
*[[Bank of England]]
* [[Accounting reference date]]
*[[COVID-19]]
* [[Chargeable accounting period]]
*[[GDP]]
*[[Monetary Policy Committee]]
*[[Q1]]
*[[QoQ]]
*[[YOY]]
*[[YTD]]


[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]

Revision as of 14:20, 23 October 2012

Financial reporting. A period for which a company prepares a set of statutory accounts.

Also known as accounting period.

See also