Profit: Difference between revisions

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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.
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*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 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.
*Items in profit which are not cash flows, for example depreciation, amortisation, or making accruals.


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== See also ==
== See also ==
*[[Accounting]]
*[[Accrual]]
*[[Accrual]]
*[[Accruals accounting]]
*[[Amortisation]]
*[[Amortisation]]
*[[Attributable profit]]
*[[Attributable profit]]
*[[Break-even]]
*[[Break-even]]
*[[Business]]
*[[Capital expenditure]]
*[[Capital expenditure]]
*[[Cash]]
*[[Cash balance]]
*[[Cash flow]]
*[[Cash flow]]
*[[Debtors]]
*[[Debtors]]
*[[Depreciation]]
*[[Depreciation]]
*[[Economic profit]]
*[[Environmental profit and loss]]
*[[Expenditure]]
*[[Expense]]
*[[Gross profit]]
*[[Gross profit]]
*[[Income]]
*[[Income statement]]
*[[Loss]]
*[[Loss]]
*[[Net operating profit after tax]]  (NOPAT)
*[[Net profit]]
*[[Net profit]]
*[[Net profit margin]]
*[[Net profit margin]]
*[[Normal profit]]
*[[Not-for-profit]]
*[[Not-for-profit]]
*[[Operating profit]]
*[[Operating profit]]
*[[Profit after tax]]
*[[Profit and Loss account]]
*[[Profit and Loss account]]
*[[Profit and Loss reserve]]
*[[Profit and Loss reserve]]
*[[Profit before interest and tax]]  (PBIT)
*[[Profit before tax]]
*[[Profit centre]]
*[[Profit for purpose]]
*[[Profit margin]]
*[[Profit margin]]
*[[Profit maximisation]]
*[[Profit maximisation]]
*[[Profit shifting]]
*[[Profit warning]]
*[[Profit warning]]
*[[Profitability]]
*[[Profitability]]
*[[Recognition]]
*[[Return]]
*[[Revenue]]
*[[Statement of profit or loss]]
*[[Supernormal profit]]
*[[Taxable profits]]
*[[Turn]]
*[[Turn]]
*[[Underlying]]
*[[Underlying]]

Latest revision as of 21:34, 18 January 2024

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