CPE Definition

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CPE is Continuing Professional Education.

Learn new Accounting Terms

INCOME AFTER TAXES is the net profit earned by the company after deducting all expenses like interest, depreciation and tax. PAT can be fully retained by a company to be used in the business. Dividends, if declared, are paid to the share holders from this residue.

CARTE BLANCHE is unrestricted power to act at ones own discretion, i.e. unconditional authority.

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