Attributable profit - Revision history

imported>Doug Williamson: Links ordering.

2021-08-10T21:56:17Z

Links ordering.

← Older revision		Revision as of 21:56, 10 August 2021
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	== See also ==		== See also ==
			* [[FRS 102]]
			* [[Income statement]]
	* [[Profit]]		* [[Profit]]
	* [[Profit and Loss account]]		* [[Profit and Loss account]]
	* [[FRS 102]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Update for FRS 102

2015-11-06T12:10:01Z

Update for FRS 102

← Older revision		Revision as of 12:10, 6 November 2015
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	In calculating the total profit, allowance is also made for estimated remedial and maintenance costs and increases in costs, so far as they are not recoverable under the terms of the contract.		In calculating the total profit, allowance is also made for estimated remedial and maintenance costs and increases in costs, so far as they are not recoverable under the terms of the contract.


			Relevant accounting standards include Section 13 and Section 23 of FRS 102.


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	* [[Profit]]		* [[Profit]]
	* [[Profit and Loss account]]		* [[Profit and Loss account]]
	* [[~~SSAP 9~~]]		* [[FRS 102]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Expand to clarify, replace long sentence with shorter sentences, and categorise the page.

2014-07-13T12:23:12Z

Expand to clarify, replace long sentence with shorter sentences, and categorise the page.

@@ Line 1: / Line 1: @@
 ''Financial accounting''.
-In relation to accounting for long-term contracts, that part of the total profit currently estimated to arise over the duration of the contract, after allowing for estimated remedial and maintenance costs and increases in costs so far as not recoverable under the terms of the contract, that fairly reflects the profit attributable to that part of the work performed to date, as at the accounting date.
+The concept of attributable profit relates to accounting for long-term contracts. Long-term contracts being ones which have not yet been completed, as at the accounting date.
 == See also ==
@@ Line 7: / Line 18: @@
 * [[Profit and Loss account]]
 * [[SSAP  9]]

imported>Doug Williamson: Spacing

2013-07-29T15:51:45Z

Spacing

← Older revision		Revision as of 15:51, 29 July 2013
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	''Financial accounting''.		''Financial accounting''.

	In relation to accounting for long-term contracts, that part of the total profit currently estimated to arise over the duration of the contract, after allowing for estimated remedial and maintenance costs and increases in costs so far as not recoverable under the terms of the contract, that fairly reflects the profit attributable to that part of the work performed to date, as at the accounting date.		In relation to accounting for long-term contracts, that part of the total profit currently estimated to arise over the duration of the contract, after allowing for estimated remedial and maintenance costs and increases in costs so far as not recoverable under the terms of the contract, that fairly reflects the profit attributable to that part of the work performed to date, as at the accounting date.

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	* [[Profit and Loss account]]		* [[Profit and Loss account]]
	* [[SSAP 9]]		* [[SSAP 9]]

imported>Administrator: CSV import

2012-10-23T14:06:03Z

CSV import

New page

''Financial accounting''.
In relation to accounting for long-term contracts, that part of the total profit currently estimated to arise over the duration of the contract, after allowing for estimated remedial and maintenance costs and increases in costs so far as not recoverable under the terms of the contract, that fairly reflects the profit attributable to that part of the work performed to date, as at the accounting date.

== See also ==
* [[Profit]]
* [[Profit and Loss account]]
* [[SSAP 9]]