Profit: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Layout.) |
imported>Doug Williamson (Remove surplus links.) |
||
| Line 1: | Line 1: | ||
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. | ||
| Line 19: | Line 19: | ||
== See also == | == See also == | ||
*[[Accounting]] | |||
*[[Accrual]] | *[[Accrual]] | ||
*[[Amortisation]] | *[[Amortisation]] | ||
*[[Attributable profit]] | *[[Attributable profit]] | ||
*[[Break-even]] | *[[Break-even]] | ||
*[[Capital expenditure]] | *[[Capital expenditure]] | ||
*[[Cash flow]] | *[[Cash flow]] | ||
| Line 29: | Line 29: | ||
*[[Depreciation]] | *[[Depreciation]] | ||
*[[Gross profit]] | *[[Gross profit]] | ||
*[[Income statement]] | |||
*[[Loss]] | *[[Loss]] | ||
*[[Net profit]] | *[[Net profit]] | ||
| Line 40: | Line 41: | ||
*[[Profit warning]] | *[[Profit warning]] | ||
*[[Profitability]] | *[[Profitability]] | ||
*[[Turn]] | *[[Turn]] | ||
*[[Underlying]] | *[[Underlying]] | ||
Revision as of 22:05, 10 August 2021
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
- Amortisation
- Attributable profit
- Break-even
- Capital expenditure
- Cash flow
- Debtors
- Depreciation
- Gross profit
- Income statement
- Loss
- Net profit
- Net profit margin
- Not-for-profit
- Operating profit
- Profit and Loss account
- Profit and Loss reserve
- Profit margin
- Profit maximisation
- Profit warning
- Profitability
- Turn
- Underlying
- Unrealised profit
