Profit: Difference between revisions
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1. ''Accounting'' | 1. ''Accounting''. | ||
A surplus arising from the appropriate matching of revenues with expenditure. | A surplus arising from the appropriate matching of revenues with expenditure. | ||
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*Items in cash flow which are not part of profit. For example capital expenditure or the collection of debtors recognised in prior periods; and | *Items in cash flow which are not part of profit. For example capital expenditure or the collection of debtors recognised in prior periods; and | ||
*Items in profit which are not cash flows, for example depreciation, amortisation, or making accruals. | *Items in profit which are not cash flows, for example depreciation, amortisation, or making accruals. | ||
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== See also == | == See also == | ||
*[[Accounting]] | |||
*[[Accrual]] | *[[Accrual]] | ||
*[[Accruals accounting]] | |||
*[[Amortisation]] | *[[Amortisation]] | ||
*[[Attributable profit]] | *[[Attributable profit]] | ||
*[[Break-even]] | *[[Break-even]] | ||
*[[Capital expenditure]] | *[[Capital expenditure]] | ||
*[[Cash]] | |||
*[[Cash balance]] | |||
*[[Cash flow]] | *[[Cash flow]] | ||
*[[Debtors]] | *[[Debtors]] | ||
*[[Depreciation]] | *[[Depreciation]] | ||
*[[Economic profit]] | |||
*[[Environmental profit and loss]] | |||
*[[Expenditure]] | |||
*[[Expense]] | |||
*[[Gross profit]] | *[[Gross profit]] | ||
*[[Income]] | |||
*[[Income statement]] | |||
*[[Loss]] | *[[Loss]] | ||
*[[Net operating profit after tax]] (NOPAT) | |||
*[[Net profit]] | *[[Net profit]] | ||
*[[Net profit margin]] | *[[Net profit margin]] | ||
*[[Normal profit]] | |||
*[[Not-for-profit]] | *[[Not-for-profit]] | ||
*[[Operating profit]] | *[[Operating profit]] | ||
*[[Profit after tax]] | |||
*[[Profit and Loss account]] | *[[Profit and Loss account]] | ||
*[[Profit and Loss reserve]] | *[[Profit and Loss reserve]] | ||
*[[Profit before interest and tax]] (PBIT) | |||
*[[Profit before tax]] | |||
*[[Profit centre]] | |||
*[[Profit for purpose]] | |||
*[[Profit margin]] | *[[Profit margin]] | ||
*[[Profit maximisation]] | *[[Profit maximisation]] | ||
*[[Profit shifting]] | |||
*[[Profit warning]] | *[[Profit warning]] | ||
*[[Profitability]] | *[[Profitability]] | ||
*[[ | *[[Return]] | ||
*[[Revenue]] | |||
*[[Statement of profit or loss]] | |||
*[[Supernormal profit]] | |||
*[[Taxable profits]] | |||
*[[Turn]] | *[[Turn]] | ||
*[[Underlying]] | *[[Underlying]] | ||
Latest revision as of 21:34, 18 January 2024
1. Accounting.
A surplus arising from the appropriate matching of revenues with expenditure.
For example, operating profit or net profit.
The profit for a period may differ from the cash flow because of:
- Items in cash flow which are not part of profit. For example capital expenditure or the collection of debtors recognised in prior periods; and
- Items in profit which are not cash flows, for example depreciation, amortisation, or making accruals.
2.
More generally any surplus, gain or net benefit arising.
See also
- Accounting
- Accrual
- Accruals accounting
- Amortisation
- Attributable profit
- Break-even
- Capital expenditure
- Cash
- Cash balance
- Cash flow
- Debtors
- Depreciation
- Economic profit
- Environmental profit and loss
- Expenditure
- Expense
- Gross profit
- Income
- Income statement
- Loss
- Net operating profit after tax (NOPAT)
- Net profit
- Net profit margin
- Normal profit
- Not-for-profit
- Operating profit
- Profit after tax
- Profit and Loss account
- Profit and Loss reserve
- Profit before interest and tax (PBIT)
- Profit before tax
- Profit centre
- Profit for purpose
- Profit margin
- Profit maximisation
- Profit shifting
- Profit warning
- Profitability
- Return
- Revenue
- Statement of profit or loss
- Supernormal profit
- Taxable profits
- Turn
- Underlying
- Unrealised profit
