Extraordinary items and nonrecurring items are examples of business expenses that had a significant impact on the company's current financial report but will not appear in its future reports.

Extraordinary items and nonrecurring items are examples of business expenses that had a significant impact on the company's current financial report but will not appear in its future reports.

WAUSAU − Wausau School District voters will see a nonrecurring, five-year, $8 million per year operational referendum question on their April ballot. The Wausau School Board approved the ...

What is required in such a situation is finding out why the loss occurred and making an adjustment to normalize earnings to calculate profit margin by excluding nonrecurring losses. Locate the ...