Issue 4, 2005

Kovalev V. V., Kovalev Vit. V. Accounting Profit: Managerial Aspect

Profit is considered as one of the most complicated categories in economics. The most applicable approach of its identification within which an accounting profit is calculated is analyzed in the paper. It is demonstrated in the paper that owing to the influence of different groups (state, investors, contractors, managers, etc.) having their own interest in a company different measures of profit could be defined and calculated. Finally, some key theses about specific features of different types of profit are formulated in the paper.

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