Exceptional item and Monopoly: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
 
imported>Administrator
(CSV import)
 
Line 1: Line 1:
''Financial reporting''.
A market form, characterised by one seller, selling a product for which there are no close substitutes.
 
In financial reporting, an 'exceptional' item is one that requires separate additional disclosure for the financial information to give a fair presentation of the reporting entity's results.
 
Examples include substantial disposals, restructuring or discontinued operations.
 
 
Exceptional items might, for example, be disclosed as separate lines, or separate columns, in the income statement.
 
Alternative appropriate disclosure might be to deal with the exceptional item or items within a note to the financial statements.
 


== See also ==
== See also ==
*[[APM]]
* [[Antitrust law]]
* [[Below the line]]
* [[Cartel]]
* [[Continuing operations]]
* [[Competition Commission]]
* [[Disclosure]]
* [[Economies of scale]]
*[[Exception]]
* [[Monopolisitic competition]]
*[[Financial Reporting Council]]
* [[Oligopoly]]
*[[FRS 102]]
* [[Perfect competition]]
*[[IAS 1]]
* [[Trust]]
*[[Income statement]]
*[[Materiality]]
*[[Reporting]]
*[[Underlying]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 14:20, 23 October 2012

A market form, characterised by one seller, selling a product for which there are no close substitutes.

See also