what is the reported profit

is the profit reported to the tax bureau. This is generally lower than the real profit. In order to avoid enterprise income tax, some income is not fully included in the income statement.

another situation is that for some purposes (such as loans, bidding purposes), enterprises need to whitewash their own performance and artificially increase profits, so the profit of statements is lower than the actual profit.

what is the income statement?

the income statement is the income statement. The income statement is a statement that reflects the operating results of an enterprise in a certain accounting period. For example, the income statement, which reflects the operating results from January 1st to December 31st, is also called a dynamic statement because it reflects the situation in a certain period. Sometimes, the income statement is also called income statement and income statement. Dynamic statements refer to statements that reflect the capital consumption and capital recovery in a certain period, such as income statement.

what is the difference between the income statement and the income statement?

it's the same table, but it's called differently.

It used to be called income statement, but now it is called income statement.

What is income statement?

it is a dynamic report. The income statement can provide readers with relevant information needed to make reasonable economic decisions, and can be used to analyze the reasons for the increase and decrease of profits, the operating costs of the company, and evaluate the investment value. The items in the income statement are divided into two parts according to the composition and distribution of profits. The profit component first lists the sales income, and then subtracts the sales cost to get the sales profit; After deducting various expenses, the operating profit (or loss) is obtained; After adding and subtracting non-operating income and expenditure, it is the total profit (loss). In the profit distribution part, the after-tax profit is obtained by subtracting the income tax payable from the total profit; Under it are the provident fund and profits payable extracted according to the distribution plan; If there is a balance, it is undistributed profit. If the profit distribution part in the income statement is listed separately, it is a "profit distribution table". Process of making profit and loss statement

At the end of the fiscal year, all accounts must be balanced. The balance of all accounts should be put in a Trial Balance. Accountants need to make profit and loss statements and balance sheets based on the information in bookkeeping. Some companies will make cash flow statements and changes in shareholders' equity in addition to these two financial statements. The company will first calculate the company's net sales and cost of goods sold, and then calculate the Gross Profit/Loss after getting the number of these two items. Net profit loss (net profit/loss) can be calculated by subtracting the sum of income and expenditure. There are several important formulas: the method of calculating Gross Profit/Loss: gross profit = Net Sales)-Cost of Goods Sold = sales-Sales Returns and Allowances. Cost of goods sold = Beginning Inventory)+Purchases)-Purchase Returns and Allowances)+freight (Freight-Out/Delivery Expense). -the method of calculating net profit for Ending Inventory: net profit = all income-all Expenses. The important role of the income statement

The accounting information reflected in the income statement can be used to evaluate the operating efficiency and operating results of an enterprise, evaluate the value and reward of investment, and then measure the success of an enterprise in operation and management. Specifically, it has the following functions: 1. The income statement can be used as the basis for the distribution of operating results. The income statement reflects the operating income, operating costs, operating expenses, business taxes, expenses in various periods and non-operating income and expenditure of the enterprise in a certain period, and finally calculates the comprehensive profit index. The data in the income statement directly affects the interests of many related groups, such as national tax revenue, bonuses of managers, wages and other remuneration of employees, dividends of shareholders, etc. It is precisely because of this role that the income statement once surpassed the balance sheet and became the most important financial statement. 2. The income statement can comprehensively reflect all aspects of production and business activities, which can help to assess the work performance of enterprise managers. The management efficiency and benefit of enterprises in production, operation, investment, fund-raising and other activities can be comprehensively manifested from the increase and decrease of profit amount. By comparing the income, cost and profit with the production and operation plan of the enterprise, the completion of the production and operation plan can be assessed, and then the operating performance and efficiency of the enterprise management authorities can be evaluated every year. 3. The income statement can be used to analyze the profitability of an enterprise and predict its future cash flow. The income statement reveals the detailed information of operating profit, net investment income and net non-operating income and expenditure, which can be used to analyze the profitability of enterprises and evaluate their profitability.

What do the items in the income statement mean? Please give an example!

1. Main business income, other business income and non-operating income:

First of all, the landlord put aside all accounting concepts and took the word "zhe" literally;

can "main business" and "other business" be understood as a "light", a "heavy", a "major" and a "minor" ...

2. Yes, it can be understood in this way in accounting. The income from main business and other business is the division of income according to the different priorities of business operations in the accounting system, that is, ding, the "enterprise"

3. I remember a very classic analogy said by "anrinima": ("When I was in college, my tutor told me that the difference between main business income, other business income and non-business income is like that of farmers farming, harvesting rice and selling it belongs to" main business income ",and selling straw is" other business income ". It is "non-operating income" to dig up "gold" in rice fields. )

4. But it's hard to say what it includes, because it depends on what your company does, such as:

1. Company A is a home appliance company, so selling home appliances is the main business income of Company A, while plugs, sockets and accessories are relatively other business income of your company, and when customers buy things, or when the company finds precious stones for sale, they are non-operating income;

2) If Company B is a clothing company, selling clothes is the main business income of Company B, while selling clothes hangers and accessories at the same time is the other business income of your company;

3) If your company is a food factory, the above two items are not your main business income. Selling food is your company's main business income, while making food is the remaining waste, and selling it to "pig farms" and other places to make pig food is the company's other business income; And one day, a group of "sparrows" came down from the sky to steal food, and the food was accidentally caught by the company and sold in the hotel, which was your company's non-operating income. (By the way, "non-operating expenses": if the "sparrows" got angry and went shopping with the company during the arrest, it would be the company's "non-operating expenses")

~ o (∩) Including: transportation fees, loading and unloading fees, packaging fees, insurance fees, advertising fees, exhibition fees, rental fees (excluding financial rental fees), as well as wages, welfare expenses, office expenses, travel expenses, depreciation expenses, repair expenses, material consumption, amortization of low-value consumables, etc. of the staff and workers of the sales organization specially set up to sell the company's goods.

6. Management expenses

Management expenses refer to various expenses incurred by the administrative department of an enterprise for organizing and managing production and business activities. Management expenses belong to the period expenses, and are included in the profit and loss of the current period when they occur.

specific items

trade union funds, staff education funds, business entertainment expenses, taxes, technology transfer fees, amortization of intangible assets, consulting fees, litigation fees, amortization of start-up expenses, company funds, management fees paid to superiors, labor insurance premiums, unemployment insurance premiums, board membership fees and other management expenses.

company expenses

salary of headquarters management personnel, employee welfare expenses, travel expenses, office expenses, board membership fees, depreciation expenses, repair expenses, material consumption, amortization of low-value consumables and other company expenses;

Labor insurance premium

refers to retirement pension, price subsidy, medical expenses (including retirees' participation in medical insurance fund), relocation expenses, severance payment for employees, funeral subsidies for employees' death, pension expenses, various funds paid to retired cadres according to regulations and the implementation of social pooling funds; Unemployment insurance premium refers to the unemployment insurance fund paid by enterprises in accordance with state regulations;

7.

For other subjects, you can directly enter the corresponding subject search in Baidu Encyclopedia to learn about it (or enter it directly after entering the following website); For example, if you enter the word "management fee" in Baidu, there will be a lot of relevant, relatively comprehensive and accurate materials for reference

8. Good luck!