Here is the synopsis of our sample research paper on Triple Bottom Line Accounting And Organisational Profit Accounting. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper compares and contrasts triple bottom line accounting with organisational profit accounting and considers the different views and perspectives concerning the approaches. The bibliography cites 7 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEtriplebot.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
social dimensions (Miller et al, 2007). To consider the way in which in which triple line differs from organisational profit assessment and how they compare both models need to be
outlined and considered. One of the most popular ways of assessing a company is with reference to the level of profit
that it creates, either as a figure or as a percentage of the turnover. Other percentage returns may also be used such as return on assets or return on equity.
These are all figures that are used, but where a company wants to improve the perception the most favourable manner of presenting results may be used. However, the term bottom
line is used to indicate a definitive and pragmatic measure. There are different types of bottom line used in the business world as indicated by the use of the bottom
line, the dual bottom line, the triple bottom line and even an expansion into quadruple bottom line. The most commonly used measure
is the single bottom line. This is also referred as the net profit, or organisational profit. The basic calculation of the net profit is the total revenue after all costs
have been deducted. Whilst the figure is interesting the understanding of a companys position needs to be considered in a greater context, such as the way in which this is
moving against the companys own performance and how it compares to the industry average this is why the bottom line is often used to calculate a net profit ratio.
The difficulty with this measure is that it only looks at the profit created and does not look at any other outputs or
...