nonrecurring charge

(redirected from Nonrecurring)
Also found in: Dictionary, Legal.

Nonrecurring charge

A one-time expense or credit shown in a company's financial statement.

Nonrecurring Charge

A charge, usually triggered by an extraordinary event, that appears on a company's financial statement only once. A nonrecurring charge is listed as an expense for the company and reduces its earnings for the time period covered in the financial statement. Most statements make it clear that a nonrecurring charge is a one-time event and does not reflect the company's broader financial health.

nonrecurring charge

An expense that is not expected to be encountered again in the foreseeable future.

Mentioned in ?

normalized earnings

References in periodicals archive ?

For the full year, AEV recognized nonrecurring losses from asset impairment and debt repayment costs amounting to P2.

AEV posts P21.6-B income

Asian/Pacific sales declined 6% as a result of the tough year-over-year comparison and improved 23% excluding the nonrecurring Japanese revenues.

Dionex

Yahoo and SmartMoney exclude nonrecurring items from the computation of net income, whereas Morningstar and Bloomberg include them.

Financial websites as financial advisors: comparing returns on equity found on the Internet

Financial literates likely identify more nonrecurring issues that have been extensively and prominently covered by the business press than recurring or nonrecurring issues that have not received such coverage.

Discussion of evaluating financial reporting quality: the effects of financial expertise vs. financial literacy

Nonsustainable revenue includes any nonrecurring revenue, such as first-year life commissions, fees for a one-time consulting project or bonus income for a book rollover.

Knowing the value: tracking and recording expense detail helps an agency and a valuation analyst determine what the organization is worth to an outside buyer. (Property/Casualty: Selling Insight)

The fact the expenses are nonrecurring should be ignored in determining their deductibility.

Deducting retirement plan expenses

Exclusive of nonrecurring charges, Revco produced some $61.

Nonrecurring costs curb results at Revco

During the fourth quarter, the company also recorded a nonrecurring 5-cents-a-share reduction in earnings to recognize the company's pro-rata portion of Visa Inc.

Visa litigation affects Simmons 4Q earnings

Nonrecurring and nonstandard entries and their relationship to financial misstatements have come to the profession's attention.

Auditing nonstandard and nonrecurring entries. (Auditing)

2% gain in earnings before nonrecurring charges to $139.

Winn-Dixie Operating Income Surges

6 million after-tax reduction to the nonrecurring charge recorded in the second quarter ended July 31, 1998.