Difference between revisions of "The accounting concept of profit"

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(Created page with "The accounting concept of profit is: * Accrual based * Hindsight oriented * One period * Only interest taken into account (not full cost of capital). ** The cost of capital is...")
 
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The accounting concept of profit is:
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The accounting concept of profit
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* Accrual based
 
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* Hindsight oriented
 
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* One period
 
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* Only interest taken into account (not full cost of capital).
 
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** The cost of capital is ''severely'' underestimated in the accounting concept of profit
 
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* Reporting to the outside world
 
 
[[Category:finance]]
 
[[Category:finance]]
  

Revision as of 18:39, 27 August 2020

The accounting concept of profit