Profit: Difference between revisions
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imported>Doug Williamson (Update.) |
imported>Doug Williamson (Link with Cash flow page & summarise relationship with cash flow.) |
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A surplus arising from the appropriate matching of revenues with expenditure. | A surplus arising from the appropriate matching of revenues with expenditure. | ||
<br>For example, operating profit or net profit. | <br>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. | |||
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== See also == | == See also == | ||
*[[Accrual]] | |||
*[[Amortisation]] | |||
*[[Attributable profit]] | *[[Attributable profit]] | ||
*[[Break-even]] | *[[Break-even]] | ||
*[[Business]] | *[[Business]] | ||
*[[Capital expenditure]] | |||
*[[Cash flow]] | |||
*[[Debtors]] | |||
*[[Depreciation]] | |||
*[[Gross profit]] | *[[Gross profit]] | ||
*[[Loss]] | *[[Loss]] | ||
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*[[Profit maximisation]] | *[[Profit maximisation]] | ||
*[[Profitability]] | *[[Profitability]] | ||
*[[Recognition]] | |||
*[[Turn]] | *[[Turn]] | ||
*[[Unrealised profit]] | *[[Unrealised profit]] | ||
Revision as of 11:54, 21 May 2017
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
- Accrual
- Amortisation
- Attributable profit
- Break-even
- Business
- Capital expenditure
- Cash flow
- Debtors
- Depreciation
- Gross profit
- Loss
- Net profit
- Net profit margin
- Not-for-profit
- Operating profit
- Profit and Loss account
- Profit and Loss reserve
- Profit margin
- Profit maximisation
- Profitability
- Recognition
- Turn
- Unrealised profit
