Procyclicality and Profit: Difference between pages
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'' | 1. ''Accounting'' | ||
A surplus arising from the appropriate matching of revenues with expenditure. | |||
<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. | |||
2. | |||
More generally any surplus, gain or net benefit arising. | |||
== See also == | == See also == | ||
* [[Capital | *[[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]] | |||
*[[Profit warning]] | |||
*[[Profitability]] | |||
*[[Recognition]] | |||
*[[Turn]] | |||
*[[Underlying]] | |||
*[[Unrealised profit]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 12:06, 24 December 2020
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
- Profit warning
- Profitability
- Recognition
- Turn
- Underlying
- Unrealised profit