Gafurova Azizakhon Fatikhovna
Associate Professor, Department of Audit
Tashkent State University of Economics
ORCID: 0000-0001-8852-5028
Abstract: This article examines the concept of profit, it is various types, and its economic essence. Profit represents the primary objective of any business entity, while its maximization is one of the key managerial tasks. The study and proper organization of profit formation, distribution, and utilization serve as indicators of effective business management. The article analyzes the mechanisms of profit formation and distribution and proposes approaches to profit allocation based on the prevailing phase of the economic cycle. The proposed approaches contribute to improving the process of profit distribution and enhancing the efficiency of financial management within business entities.
Keywords: profit, gross income, net profit, surplus, loss.