Notes on Net Profit

In this article we will discuss about the Net Profit in Accounting Policies:- 1. Objective of Net Profit 2. Scope of Net Profit 3. Definitions 4. Period 5. Extra Ordinary Items 6. Ordinary Activities 7. Prior Period Items 8. Changes in Accounting Estimates 9. Changes in Accounting Policies 10. Contingencies and Events Occurring after the Balance Sheet Date. Contents: Objective [...]