The Accounting Concept of Profit: An Analysis and Evaluation in the Light of the Economic Theory of Income and Capital. | Synapse
March 18, 2026
The Accounting Concept of Profit: An Analysis and Evaluation in the Light of the Economic Theory of Income and Capital.
Key Points
This analysis aims to evaluate the accounting concept of profit in relation to economic theories of income and capital.
Review of literature on accounting profit and economic theory
Evaluation of key concepts from Hansen's book
Highlights the interplay between accounting profit and economic income
Emphasizes the implications for capital theory in accounting practices
Reveals a comprehensive framework for understanding profit in economic terms
Abstract
Abstract Reviews the book "The Accounting Concept of Profit: An Analysis and Evaluation in the Light of the Economic Theory of Income and Capital," 2nd ed., by Palle Hansen.