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imported>Doug Williamson |
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| 1.
| | ''ISO currency codes.'' |
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| A cost necessarily incurred in performing duties as an employee or independent professional.
| | FKP is the ISO currency code for the Falkland Island (Malvinas) pound. |
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| 2.
| | The FKP is fixed at a rate of one pound sterling (GBP). |
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| More generally, any cost necessarily incurred in order to do something.
| | The Falkland Islands are a British overseas territory. |
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| 3. ''Financial reporting - noun.''
| | == See also == |
| | * [[Egypt]] |
| | * [[GBP]] |
| | * [[GIP]] |
| | * [[ISO currency codes]] |
| | * [[Pound]] |
| | * [[SHP]] |
| | * [[SSP]] |
| | * [[Sterling]] |
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| An item treated as a cost in the current reporting period, when preparing an income statement.
| | [[Category:The_business_context]] |
| | | [[Category:Financial_products_and_markets]] |
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| 4. ''Financial reporting - verb.''
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| To account for an item as an expense in the current reporting period, rather than capitalising it.
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| Capitalising an item of expenditure ''defers'' the accounting recognition of the expense into later reporting periods.
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| ==See also==
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| *[[Accrual]]
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| *[[Accrued expense]]
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| *[[Capitalise]]
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| *[[Expenditure]]
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| *[[Expenses]]
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| *[[Financial reporting]]
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| *[[Income statement]]
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| *[[Recognition]]
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| *[[Research & development]]
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| [[Category:Accounting,_tax_and_regulation]] | |
Revision as of 21:11, 11 December 2019
ISO currency codes.
FKP is the ISO currency code for the Falkland Island (Malvinas) pound.
The FKP is fixed at a rate of one pound sterling (GBP).
The Falkland Islands are a British overseas territory.
See also
