Financial Statement Series Part II: Reading and Understanding Income Statement Analysis
1 hour 30 minutes
Learn how to understand and navigate your way around the Income Statement.
Many people may have financial statements in front of them but they do not know what they should be looking for. The financial statements can be seen as a maze as there is so much information and people do not know where to start looking first. This topic will show people where they can find the income statement information they need and then depending on their needs (are they looking to invest in the firm, be employed by the firm, consider giving them a loan or extending them a line of credit) how to break down the income statement section by section, do comparisons, calculate ratios, and make a final decision. This topic will provide you with the tools needed to do everything mentioned above and make sound decisions for your organization.
• You will be able to identify where to go and find the Income statement information from.
• You will be able to discuss how to make better credit decisions for your company.
• You will be able to describe how to analyze and interpret income statement information.
• You will be able to define how to obtain a fundamental understanding of accounts on the income statement.