Sign convention: Difference between revisions
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imported>Doug Williamson m (Add category.) |
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*[[Assets/(liabilities)]] | *[[Assets/(liabilities)]] | ||
*[[B/(W)]] | *[[B/(W)]] | ||
*[[Convention]] | |||
*[[Financial model]] | *[[Financial model]] | ||
*[[Income/(expense)]] | *[[Income/(expense)]] | ||
Revision as of 12:23, 23 July 2022
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)
