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Glossary > E > "Exceptional Item" Definition

Exceptional Item

Charges incurred that must be noted upon a company"s balance sheet according to GAAP principles. Even though these are considered to be a part of ordinary business charges, due to their sheer size or frequency, they must be accordingly disclosed.

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Exceptional Item - Charges incurred that must be noted upon a company"s balance sheet according to GAAP principles. Even though these are considered to be a part of ordinary business charges, due to their sheer size or frequency, they must be accordingly disclosed.

Exceptional Item : charges incurred that must be noted upon a company"s balance sheet according to gaap principles. even though these are considered to be a part of ordinary business charges, due to their sheer size or frequency, they must be accordingly disclosed.