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Cost of Sales

A cost measure (also known as cost of goods sold or in short COGS) that represents the direct costs of...

Cost of Goods Sold

A cost measure that represents the direct costs of producing the goods sold by a business. For a manufacturing company,...

COGS

It stands for cost of goods sold; a cost measure that represents the direct costs of producing the goods sold...

Operating Profit

An accounting measurement of the profits made by an entity from its ongoing core business/ activities (core operations) over a...

Paper Profit

Gains that arise from an increase in the value of an asset that has not been sold or a decrease...

Paper Gains

Gains that arise from an increase in the value of an asset that has not been sold or a decrease...

Unrealized Gains

Gains that arise from an increase in the value of an asset that has not been sold or a decrease...

Treasury Stock Account

A contra account (contra equity account) that is recorded in the shareholder's equity section of the statement of financial position...

Carrying Amount of an Asset

The amount/ value at which an asset is recognized after deducting any accumulated depreciation (for physical assets) / amortization (for...

Carrying Value of an Asset

The amount/ value at which an asset is recognized after deducting any accumulated depreciation (for physical assets) / amortization (for...