Profit: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Remove surplus link.)
imported>Doug Williamson
(Add links.)
Line 26: Line 26:
*[[Break-even]]
*[[Break-even]]
*[[Capital expenditure]]
*[[Capital expenditure]]
*[[Cash]]
*[[Cash balance]]
*[[Cash flow]]
*[[Cash flow]]
*[[Debtors]]
*[[Debtors]]

Revision as of 22:57, 18 July 2022

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