The INCOME STATEMENT Explained (Profit & Loss / P&L) скачать в хорошем качестве

The INCOME STATEMENT Explained (Profit & Loss / P&L)

💥Income Statement Cheat Sheet → https://accountingstuff.com/shop 🖊Income Statement Practice Questions → https://accountingstuff.com/practice-... The 'Income Statement', or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements, along with the Balance Sheet and the Statement of Cash Flows. In this tutorial, you'll find out what the Income Statement is and how you can use it to measure a business's financial performance. 🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel ⏱️TIMESTAMPS 00:00 - Intro 01:02 - Income Statement Definition 01:10 - What a Basic Income Statement Looks Like 02:10 - An Analogy 02:37 - Expanding the Income Statement 03:16 - Direct Costs - Cost of Sales 04:48 - Gross Profit 05:10 - Indirect Costs - Overheads 06:15 - Operating Profit 06:42 - Comparative Periods 07:18 - Example - Imaginary Company 08:17 - Financial Ratio Analysis - Gross Profit Margin 09:34 - Interest Expenses & Tax 10:01 - Net Profit 10:12 - Gross Profit vs Operating Profit vs Net Profit 🔗VIDEO LINKS ▪ Balance Sheet →    • How The BALANCE SHEET Works (Statemen...   ▪ Cash Flow Statement →    • Intro to Cash Flow Statements | Direc...   ▪ Book Review →    • The Accounting Game - Book Review   🔝 CLOUD ACCOUNTING SOFTWARE ▪ XERO (Free Trial / Discount) → https://xero5440.partnerlinks.io/08mf... ▪ QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa ▪ QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada 🔎FAQ ▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m 🚶FOLLOW ME ON ▪ Instagram →   / accountingstuff   ▪ TikTok →   / accounting_stuff   ▪ Facebook →   / thisisaccountingstuff   🎬LEARN ACCOUNTING BASICS FOR FREE ▪ The Full Playlist →    • ACCOUNTING BASICS for Beginners (Whol...   ________________________ DISCLAIMER Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you! For sponsorship, product reviews, and collaboration, you can email me here: [email protected] ________________________ #accounting #accountant #accountingstuff