BRUREAU

Profit measures the performance of a business, and is an important way of knowing how a business is doing. It is normally calculated monthly, and then summarized and reported annually... In its simplest form, profit is the value left over when all of the costs have been removed from the revenue generated during the month... Profit measures value, and it is different from cash flow. This means that it measures the value of all of the transactions between the business and its various stakeholders (i.e. customers, suppliers, employees, authorities etc.) during each month.