Definition
Normalized Financial Statements are financial statements that have been adjusted for items considered abnormal, non-recurring, or unrelated to ongoing operations.
Frequently asked questions
What is a normalized financial statement?
A normalized financial statement is adjusted to remove irregular, non-recurring items to better reflect ongoing business performance.
What is a normalizing statement?
A normalizing statement adjusts financial data to exclude one-time events or unusual items, providing a more accurate picture of regular business activities.
What are non-recurring items on financial statements?
Non-recurring items are expenses or income that are unusual and not expected to happen again, like litigation costs or sale of an asset.