Accounting result

In public accounting, the accounting result is the economic-equity result; It is the variation of an entity's own funds, produced in a certain period as a consequence of its operations of a budgetary and non-budgetary nature. This result is determined considering the difference between income and expenses produced in the reference period.

The budgetary result is the difference between all budgetary revenues made during the year, excluding those derived from the issuance and creation of financial liabilities, and all budgetary expenses for the same year, excluding those derived from amortization and reimbursement of financial liabilities.