Sign convention: Difference between revisions
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imported>Doug Williamson (Link with Spreadsheet risk page.) |
imported>Doug Williamson m (Add category.) |
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*[[Spreadsheet risk]] | *[[Spreadsheet risk]] | ||
*[[Variance analysis]] | *[[Variance analysis]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Revision as of 14:15, 8 October 2020
In reporting and modelling, a decision about the meaning of positive and negative numbers.
Many errors and failures of understanding result from not establishing sign conventions, or not following them consistently.
Examples of sign conventions include:
- Assets / (liabilities)
- Income / (expense)
- Inflow / (outflow)
- Mostly positive
- B/(W)
