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Accounting profitIncome as reported on the income statement, in accordance with prevailing accounting standards, before the provisions for income tax expense.Synonyms: income before taxes pretax income
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Accounting profitThe difference between a business's revenue and it's accounting expenses. This is the profit that's listed on a company's balance sheet, appears periodically in the financial secto [..]
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Accounting profitTotal revenue less total costs except for the opportunity cost of capital.
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Accounting profitA firm's net income as reported on its income statement.
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Accounting profitThe difference between a business's revenue and it's accounting expenses. This is the profit that's listed on a company's balance sheet, appears periodically in the financial secto [..]
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Accounting profitThe profit made from the total revenue received from the sale of the goods less the (explicit) costs of producing these goods. It is calculated as Total Revenue รข?? Explicit Costs.
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Accounting profit
(accounting) The total revenue minus costs properly chargeable against goods sold.
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