Accumulated Surplus definition

Accumulated Surplus means the accumulated excess of revenues over expenditures from prior years which has not been set aside for specific purposes.

Accumulated Surplus means the current running total of surpluses from the annual budget;

Accumulated Surplus means the accumulated excess of revenues over expenses from prior years which has not been set aside for specific purposes. (Accumulation of unallocated surplus)

Examples of Accumulated Surplus in a sentence

• Only revenue and expenses of school generated funds controlled by the Division are included in the Consolidated Statement of Revenue, Expenses and Accumulated Surplus.

• These Capital Reserve accounts are internally restricted funds that form part of the Accumulated Surplus presented in the Consolidated Statement of Financial Position.

• This Accumulated Surplus captures the historical infrastructure investment which has not been reported in the past but has accumulated to significant levels.

• Expenses in the Consolidated Statement of Operations and Accumulated Surplus have been classified based upon functional lines of service provided by the University.

• All proceeds on the sale of land will be transferred from the Accumulated Surplus to the CRR via the Statement of Changes in Net Assets.

More Definitions of Accumulated Surplus

Accumulated Surplus means the amount, if any, by which the total of a board’s current and prior in-year surpluses exceeds the total of its current and prior in-year deficits; (“excédent accumulé”)

Accumulated Surplus means the total of all net assets that are owned or accrued to the County, as presented on the Consolidated Statement of Financial Position.

Accumulated Surplus means, as of the last day of an Arrangement Period (i) the sum of the Surpluses, if any, for such Arrangement Period and all preceding Arrangement Periods, reduced by (ii) the sum of the Deficits for all preceding Arrangement Periods, provided, however, that a Deficit or Surplus shall not be counted twice in the case of overlapping Arrangement Periods.

Accumulated Surplus means accumulated surplus reserves, as defined in accordance with the accounting standards that the splitting municipality or affected district municipality is required by legislation to apply in preparing annual financial statements, which are owed by that splitting municipality or the affected district municipality;

Accumulated Surplus means funds remaining or estimated to remain available at the end of a fiscal year for future spending.

Accumulated Surplus means the current running total of surpluses from the annual budget; “Unrestricted Reserves” means any amount of the accumulated surplus that is left unrestricted for operational spending and remains in the organization’s cash account;

Accumulated Surplus means the net amount of annual surpluses and deficits of LABC from previous fiscal years, as reported in LABC’s annual Statement of Operations and Accumulated Surplus;