Sign convention

From ACT Wiki
Revision as of 14:15, 8 October 2020 by Doug Williamson (Talk | contribs) (Add category.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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)

See also