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imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Financial reporting.''
| | Standard Setting Body. |
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| Expenditure that is charged against profits in the current financial reporting period, rather than being capitalised.
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| Sometimes known as ''revenue costs.''
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| 2. ''Tax.''
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| Expenditure incurred in the course of trade that is treated as an allowable deduction in arriving at taxable profit.
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| == See also == | | == See also == |
| * [[Capitalise]] | | * [[Standard Setting Body]] |
| * [[Expenditure]]
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| * [[Opex]]
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| * [[Revenue]]
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| [[Category:Accounting,_tax_and_regulation]]
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Revision as of 12:18, 22 June 2016
Standard Setting Body.
See also