Monetary: Difference between revisions
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2. | 2. ''Financial reporting''. | ||
''Financial reporting''. | |||
In financial reporting, monetary items are amounts held - or to be received or paid - in a fixed or readily determinable amount of money. | In financial reporting, monetary items are amounts held - or to be received or paid - in a fixed or readily determinable amount of money. | ||
Revision as of 22:37, 6 March 2021
1.
Relating to money, particularly the supply of, and confidence in, the official central currency.
Government monetary policies are often contrasted with, or combined with, fiscal policies.
2. Financial reporting.
In financial reporting, monetary items are amounts held - or to be received or paid - in a fixed or readily determinable amount of money.
Contrasted with 'non-monetary' items such as property, plant and equipment.
