Recommended

#BitcoinOnBTCC ：Celebrate 2024's Crypto Triumphs with Us, Every Day.
Crypto Deposit Make instant crypto transfers to your futures account
USDT-M Perpetual Futures Trade futures contracts settled in USDT
VIP Fee Discounts Enjoy different fee discounts based on your VIP level
Coin-M Perpetual Futures Trade futures contracts settled in cryptocurrency
Fiat Deposit Buy your favourite coins in seconds
Affiliates Invite friends & get rewarded
Convert Covert your crypto instantly
Support Centre Find our FAQs here
Announcements Find all our official announcements
BTCC Academy Learn about blockchain and crypto
News The latest trends in the crypto market

Promotions

Referral
Campaigns
Assets
Crypto Deposit
Fiat Deposit
Convert
Transfer
Withdraw
My vouchers
Fund history
Dashboard
Account Security
Identity verification
API Management
Transaction Report
Log out
Register
Report post
definition accounting profit pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

What is accounting profit?

Accounting profit is a company's total earnings, calculated according to generally accepted accounting principles (GAAP). It includes the explicit costs of doing business, such as operating expenses, depreciation, interest, and taxes. Accounting profit shows the amount of money left over after deducting the explicit costs of running the business.

What is the difference between accounting profit and economic profit?

Because of its comprehensiveness, accounting profit is a more reliable indicator of overall results than the gross profit or operating profit figures. Accounting profit is revenues minus the expenses mandated by an accounting framework, while economic profit is revenues minus the opportunity costs of the assets being used.

What is the difference between accounting profit and gross profit?

The concept does not include opportunity cost, which would be included in the more comprehensive (and theoretical) economic profit concept. Accounting profit is revenues minus all expenses, while gross profit is revenues minus just the cost of goods sold.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts

Exchange for a better future

Products
Services
Guides
About Us
Terms & Agreement
Customer Service
Social Media

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2024 BTCC.com. All rights reserved