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Financial Profit

The net income (NI) or net earnings an entity earns after deducting all monetary costs from total revenue. It reflects...

Bookkeeping Profit

Profit or loss pertaining to a specific accounting period before deducting tax expense. In other words, it refers to profit...

MVA

It stands for market value added; a measure of value that uses the notion of market value: it compares an...

Market Value Added

A measure of value that uses the notion of market value: it compares an entity's current market value with the...

Economic Value Added

A measure of the amount profit remaining after adjusting for the return expected by an entity's investors. It is equal...

EVA

It stands for economic value added; a measure of the amount profit remaining after adjusting for the return expected by...

Economic Profit

The positive difference between total revenue generated by a business and its explicit costs and implicit costs. In other words,...

Accounting Profit

Profit or loss pertaining to a specific accounting period before deducting tax expense. In other words, it refers to profit...

Estimation Technique

The methods that are applied by an entity to arrive at the estimated monetary amounts for items of the financial...

Accounting Policies

A set of methods, rules, principles, bases, conventions, and practices that is used and applied by an entity in the...