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Profitability Principle
- Narrated by: Bram B
- Length: 16 mins
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Profitability Principle
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Publisher's summary
The principle of profitability is an accounting principle that states that revenues and expenses should be recognized in the period in which they are earned or incurred, rather than when the cash flows occur. This principle helps accurately reflect the financial performance of a business over a specific period.
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What listeners say about Profitability Principle
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall5 out of 5 stars
-
Performance5 out of 5 stars
-
Story5 out of 5 stars
- Anonymous User
- 04-02-24
5 Stars
Bram B’s narration is clear, engaging, and authoritative, making complex financial concepts accessible to listeners of all levels of expertise. Whether you’re a seasoned investor or just starting your financial journey, this audiobook provides invaluable insights into the world of profitability.
Bram B skillfully breaks down the principle of profitability, emphasizing the importance of recognizing revenues and expenses in the period they are earned or incurred. His practical examples and relatable anecdotes make this audiobook not only informative but also enjoyable.
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