THE REALISATION CONCEPT In accounting, profit is regarded as being earned at the time when the goods or services are passed to the customers and incurs liability for them. This is the point at which the profit is treated as being realised. By Catalin|2022-06-22T05:22:57+00:00June 22, 2022|Concepts and Conventions|0 Comments Share This Story, Choose Your Platform! FacebookTwitterRedditLinkedInWhatsAppTelegramTumblrPinterestVkXingEmail About the Author: Catalin Leave A Comment Cancel replyComment Save my name, email, and website in this browser for the next time I comment. Notify me of new posts by email.