Profit Before Tax
From Open Risk Manual
Definition
Profit Before Tax. The profit (loss) from continuing operations before tax expense or income.
[Refer: Profit (loss)]
Usage
Formula
Profit Before Tax = Gross Profit + Other Income - Distribution Costs - Administrative Expenses - Other Expense + Other Gains + Finance Income - Finance Costs + Profit Share
See Also
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Profit (loss) before tax
- Common Initials:
- Element Type and Attributes: Xduration, credit
- Hierarchy Level: 2
- IFRS References: [1]
References
- ↑ IFRS for SMEs5.5[2015-12-01]Common practice
