Gross Profit
From Open Risk Manual
Revision as of 14:22, 13 April 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Gross Profit'''. The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue] == Usage == * Income Statement == XBRL Properties == * IF...")
Contents
Definition
Gross Profit. The amount of revenue less cost of sales.
[Refer: Cost of sales; Revenue]
Usage
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Gross profit
- Common Initials:
- Element Type and Attributes: Xduration, credit
- Hierarchy Level: 2
- IFRS References: [1]
References
- ↑ IFRS for SMEs5.11b[2015-12-01]Common practice