Profit: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
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*[[Accounting]]
*[[Accounting]]
*[[Accrual]]
*[[Accrual]]
*[[Accruals accounting]]
*[[Amortisation]]
*[[Amortisation]]
*[[Attributable profit]]
*[[Attributable profit]]

Revision as of 17:13, 2 November 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