Realised profits: Difference between revisions
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Any profit whose realisation in the form of cash, or other assets readily convertible into cash, is sufficiently certain to allow its recognition as an item of profit in financial statements. | Any profit whose realisation in the form of cash, or other assets readily convertible into cash, is sufficiently certain to allow its recognition as an item of profit in financial statements. | ||
Only realised profits may be distributed | Only realised profits may be distributed - for example in the form of dividends. | ||
Latest revision as of 14:44, 6 December 2025
Company law and financial reporting.
Any profit whose realisation in the form of cash, or other assets readily convertible into cash, is sufficiently certain to allow its recognition as an item of profit in financial statements.
Only realised profits may be distributed - for example in the form of dividends.
