UNUSUAL EXPENSES/(INCOME) Definition

UNUSUAL EXPENSES/(INCOME) is the sum of: Restructuring Charge, Litigation, Impairment of assets held for use or sale, portion of Purchased R&D written off, and Other Unusual Expense (Income).

Learn new Accounting Terms

TIME PERIOD CONCEPT provides that accounting take place over specific time periods known as fiscal periods. These fiscal periods are of equal length, and are used when measuring the financial progress of a business.

PERPETRATE is to carry out an action, e.g., a crime.

Suggest a Term