Unrealised profit and Category:Knowledge and information management: Difference between pages

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1. ''Group accounting''.
Knowledge and information management is a core business competency for treasurers identified by the ACT's Competency Framework.
From an accounting group’s perspective, profit may be unrealised when goods have not yet been sold external to the group, even if they have been sold from one group company to another.


It involves the collection, analysis and translation of data into information that can be appropriately disseminated to assist with problem solving and decision making across the organisation.


2. ''Company law and financial reporting.''


Profit whose realisation in the form of cash, or other assets readily convertible into cash, is not yet sufficiently certain to allow its recognition in financial statements.
==See also==
* [[ACT Competency Framework]]
* [[Business skills]]
* [[Financial management]]
* [[Planning and projects]]


 
====
== See also ==
* [[Financial reporting]]
* [[Group]]
* [[Internal trading]]
* [[Profit]]
* [[Realisation]]
* [[Recognition]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 15:08, 3 October 2023

Knowledge and information management is a core business competency for treasurers identified by the ACT's Competency Framework.

It involves the collection, analysis and translation of data into information that can be appropriately disseminated to assist with problem solving and decision making across the organisation.


See also

==