Sentences with phrase «during the accounting period»

Matching the revenues earned during an accounting period with the cost associated with the period to ascertain the result of the business concern is very crucial.

The accounts to record net income, revenues and expenses are periodic and temporary accounts used repeatedly during each accounting period.

Cost of goods sold: These are all the direct costs related to the product or rendered service sold and recorded during the accounting period.

An exception to this general rule is the cash flow statement whose main purpose is to present the cash flow effects of transaction during an accounting period.

The sum of all the daily account balances during an accounting period (usually a monthly statement cycle) divided by the number of days in the same period.

Sales: This is the total revenues earned during the accounting period.

When calculating dividend coverage for ordinary share capital, it is necessary to deduct any dividend paid on irredeemable preference shares from the net profit earned during the accounting period in order to arrive at the earnings attributable to ordinary share holders.

Dividend Coverage Ratio states the number of times an organization is capable of paying dividends to shareholders from the profits earned during an accounting period.

During an accounting period, a company may enter into transactions which are denominated in a foreign currency.

To fix this, the parent company will now have to add to its own books a capital gain, because the initial capital of USD 225 of the subsidiary company, which represents an investment from the point of view of the parent company, has risen in value from CAD 270 to CAD 281.25 during the accounting period, due to the rise in the value of the U.S. dollar from CAD 1.20 to CAD 1.25.

Dividends and interest earned during an accounting period (such as a year) on a fund's portfolio, less operating expenses, divided by number of shares outstanding.