Revenue

In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses).[3] In general usage, revenue is the total amount of income by the sale of goods or services related to the company's operations.Business revenue is money income from activities that are ordinary for a particular corporation, company, partnership, or sole-proprietorship.While the current IFRS conceptual framework[7] no longer draws a distinction between revenue and gains, it continues to be drawn at the standard and reporting levels.Net income is the result of this equation, but revenue typically enjoys equal attention during a standard earnings call.There is a question as to whether using generic business-based accounting standards can give a fair and accurate picture of government accounts, in that with a monetary policy statement to the reserve bank directing a positive inflation rate, the expense provision for the return of currency to the reserve bank is largely symbolic, such that to totally cancel the currency in circulation provision, all currency would have to be returned to the reserve bank and canceled.
Revenue (disambiguation)AccountingConstant purchasing powerHistorical costManagementBudgetForensicFinancialGovernmentalSocialAccounting periodAccrualEconomic entityFair valueGoing concernMatching principleMaterialityRevenue recognitionUnit of accountAssetsCost of goods soldDepreciationAmortization (business)EquityExpensesGoodwillLiabilitiesProfitAccounting standardsGenerally-accepted principlesGenerally-accepted auditing standardsConvergenceInternational Financial Reporting StandardsInternational Standards on AuditingManagement Accounting PrinciplesFinancial statementsAnnual reportBalance sheetCash-flowIncomeManagement discussionNotes to the financial statementsBookkeepingBank reconciliationDebits and creditsDouble-entry systemFIFO and LIFOJournalLedgerGeneral ledgerTrial balanceAuditingInternalReportSarbanes–Oxley ActAccountantsLuca PacioliHistoryResearchPositive accountingCreativeEarnings managementError accountHollywoodOff-balance-sheetTwo sets of booksgoods and servicesbusinesscompaniesinterestroyaltiesmonetary unitProfitsnet incomeincome statementSales revenueTax revenueFundraisingcharitystandard accounting practiceaccounting methodscash basis accountingaccrual basis accountinggenerally accepted accounting principlesdouble-entry bookkeeping systemnon-profit organizationsdonationsmissionsponsorshipsdigital mediamanufacturinggrocerylaw firmsbarber shopscar rentalsnet salesinvoicesdemand accountsales taxrevenue modelgross salesGross profitOperating profitoperating expensesNet profitoperating expenseEBITDAamortizationFinancial statement analysisearnings callfinancial ratiosgross marginprofit marginbad debt expenseprice to earnings ratioGovernment revenueagencydepartmentreserve bankcurrencyList of largest companies by revenueMoney launderingIAS 18Wayback MachineWikidataFinancial accountingCost accountingManagement accountingForensic accountingFund accountingGovernmental accountingSocial accountingTax accountingStatement of changes in equityCash flow statementCapital expenditureGross income