Audit and economical analysis

Gross analysis of profit and loss on the impact of the product       

 

Gross profit from sales of products should be used to account for income received from the following operations and events:

(a) the sale of goods;

(b) the provision of services;

(c) use of assets by other parties that generate income in the form of interest, royalties and dividends.

Commodities are goods produced for sale by an economic entity and goods purchased for resale, such as goods purchased by a retailer , or land and other property held for resale.          .

Usually this service includes the execution of an approved contract of an economic entity in an agreed period. When services are available for one or more periods,   they are accounted for during the relevant periods.

As a result of using other assets of an economic entity , the following types of income are generated:     

(A) an interest in entrepruner ownership of the relation to the subject of money or their equivalent amounts to be paid or the business entities that will be used for truth;      

(B) consent of ownership to the topic of long-term assets, such as patents, trademarks, copyright and software, which will be used for truth;       

(c) dividends - the distribution of profits in proportion to shareholders in proportion  their share in capital type.

Items of income for its business entity or economic nafning includes gross income. The amounts collected on behalf of third parties, such as sales of taxes, goods and services tax, value added tax, the recipient does not serve as an economic benefit for the business entity and capital increase does not result. Therefore, they are deducted from profit. Similarly, in intermediary relations, gross receipt of economic benefits covers the amounts reimbursed on behalf of the client , but does not lead to an increase in the capital of a business entity. Amounts deducted on behalf of the Employer are not considered income. In contrast, income is a brokerage fee. 

In the national account, net sales are an important line of revenue from basic operations.

Net sales are based on deductible sales taxes (total revenue).

S   gross profit from the sale of firing, the net sale of product revenues ( goods, works  and  services)   behind   deducting cost of crime.

The amount of income that will be generated as a result of the operation is usually subject to the assets of the buyer or user  competencies   determined by   is he  estimated at the real value of the compensation received or receivable, which takes into account any trade reductions or wholesale sales permitted by the economic entity.

International Financial Reporting Standards, the following standards are established for inclusion in the line of goods (products) and recognition of revenue as income:

(a) related   with   in the ownership of the goods (a) significant risks and rewards for the buyer to jump or franchise;         

(b) enterprises selling goods can now control the inherent right of ownership and effective control over them;

(c)  can   reliably estimate the amount of income;

(d) operations related to    economic profit there is likely to be accepted; 

(e) reliable   assessment   incurred or incurred expenses   by   deal.

The risks and rewards of ownership require that the business entity learns aspects of the operation in order to determine when it is transferred to the buyer. Often the risks of ownership and remuneration are subject to the right to acquire or dispose of the right of legal ownership.