Capital gain and Prospective financial information: Difference between pages

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#A realised increase in the value of a capital asset, as when a security, commodity or any other asset is sold for more than the price at which it was purchased.
''Financial reporting and regulation.''
#''Tax.'' The amount of the realised increase in the value of a capital asset, as calculated for tax purposes. In the UK individuals and partnerships are liable to Capital Gains Tax on their capital gains, while companies are liable to Corporation Tax on their 'chargeable gains'.
 
(PFI).
 
For regulatory purposes, the definition of PFI includes the forward-looking equivalent of any financial information that might subsequently be prepared as historical reported information, particularly in relation to profits.
 
However, PFI is not limited to any specific reports or formats.  
 
Nor is PFI limited to information about profits, even though profits are the focus of many regulatory requirements.




== See also ==
== See also ==
* [[Capital asset pricing model]]
* [[Financial]]
* [[Capital Gains Tax]]
*[[Financial reporting]]
* [[Chargeable gain]]
*[[Regulation]]
* [[Rebasing]]


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

Latest revision as of 22:45, 11 March 2023

Financial reporting and regulation.

(PFI).

For regulatory purposes, the definition of PFI includes the forward-looking equivalent of any financial information that might subsequently be prepared as historical reported information, particularly in relation to profits.

However, PFI is not limited to any specific reports or formats.

Nor is PFI limited to information about profits, even though profits are the focus of many regulatory requirements.


See also

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