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Course Description

The income statement, also known as the profit and loss statement, summarizes the revenue and expenses incurred by a business during a particular accounting period. It is a useful document because it reports the organization's net income. It's critical for non-financial managers to understand the information that is conveyed by income statements. In this lesson, you will define the purpose and general structure of an income statement. You will learn how to read an income statement, and you will determine the meaning and significance of the elements conveyed in each part of the statement.

Benefits to the Learner

  • Define the purpose and general structure of an income statement
  • Determine how to read an income statement
  • Examine the meaning and significance of the elements conveyed in each part of the statement
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Type
self-paced (non-instructor led)
Dates
Nov 28, 2018 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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