AuthorTopic: above line and below line
tammy
@2013-09-18 03:44:14
I was reading this site's notes concerning non recurring income items, they made a reference to "above line" and "below line" on the income statement. What do these terms refer to?
minard04
@2013-09-22 17:01:54
Usually on a Income Statment, above the line items are supposed to be part of recurring operating earnings.. where below the line are one time events which donot occur in every period..

As we know, the value of a company is a function of the recurring or operating earnings.. the "good" go above the line and the "bad" goes below the line..

locke
@2013-10-11 21:17:22
"Above the line" indicates " Net Income from continuing operations", while "below the line" indicates the Net Income after exceptional Items such as Gain / Loss on Sale of Asset, Gain / Loss on sale of investments etc
x04t
@2013-10-18 04:34:16
I thought you can only put three types of information below the line: 1. discontinued operation, 2. extraordinary items (unusual and infrequent), and 3. accounting changes. Sale of assets and investments may have to be reported above the line if they don't meet the above guidelines. Correct?
mitrived18
@2014-12-07 13:07:09
the line we are talking abt is the "Tax line" right?

CFA Discussion Topic: above line and below line

To post a new topic or reply to a topic, please log in or register for a free user account.

You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu