how do you abbreviate profit or loss? P&L or P/L?
On one hand, there is no 'and' in 'profit or loss', so why use '&'?
On the other hand, it's 'P and L' in the abbreviation...
P&L or P/L?
Re: P&L or P/L?
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Re: P&L or P/L?
between accountants, yes PL or IS I'd say.
otherwise 'profit or loss account'
or anything in between.
otherwise 'profit or loss account'
or anything in between.
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JakobLavrod
- Posts: 6
- Joined: 15 Apr 2022, 17:11
Re: P&L or P/L?
Almost like 'P&L' 
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JakobLavrod
- Posts: 6
- Joined: 15 Apr 2022, 17:11
Re: P&L or P/L?
PnL or P&L gives the correct impression that one is looking at a combined concept
P/L gives the impression of a ratio (like C/I or P/E), which it is not. Not a problem if you know what it means, but good terminology should really explain itself
P/L gives the impression of a ratio (like C/I or P/E), which it is not. Not a problem if you know what it means, but good terminology should really explain itself
IFRS 9 Credit Risk Specialist
Risk Control at Entercard Group
Risk Control at Entercard Group
Re: P&L or P/L?
I like this point!