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Improving Profits (Topic Outline)


Topic Outline

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Read our Explanation (5 Parts) Free

Our Explanation of Improving Profits will assist you in focusing on the costs and revenues that are relevant (and ignoring those which are not relevant) for improving profits and eliminating losses. Examples of the important concepts are illustrated through several relevant stories.

Part 1Introduction to Improving Profits, Past Amounts May Not Be Relevant
Part 2Amounts Unchanged Are Irrelevant
Part 3How Expenses Change
Part 4Business Stories #3 – #4
Part 5Business Stories #5 – #8
Take our Practice Quiz Free

This 20-question quiz is a fast way to assess your understanding of the Improving Profits Explanation.

Review our Q&A Free

We've answered 78 popular questions related to the topic Improving Profits. Review them all or use the search box found at the top of each page of our website for your specific questions.

Solve our Crossword Puzzle Free

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Improving Profits in a more fun format.

Read our Guide to Managerial & Cost Accounting

Our Guide to Managerial & Cost Accounting contains highlights for 30 different topics. This is a helpful, relevant, and easy-to-read study resource as it reflects the AccountingCoach's many years of teaching and business consulting.

Review our Cheat Sheet

Our Improving Profits Cheat Sheet will help you see which amounts will be relevant and which will be irrelevant when a business is deciding to expand or contract.

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on

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Certificates of Achievement

We now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping:

  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Working Capital and Liquidity
  • Financial Ratios
  • Bank Reconciliation
  • Payroll Accounting
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