Part 1 dealt with what’s comprises the financial statement and Part 2 looks at the Balance Sheet and its component.
This Part 3 looks at a further document of the financial statement which is the Income Statement and its components:-
(A) What is An Income Statement
(B) What is In The Income Statement- Net Sales –Cost of Goods =Gross Margin
- Financial Statements – Balance Sheet &Its Components (Part 2)
- All Topics Under The Heading Of Financial Accounting Ratio Analysis Or The Interpretation Of Financial Statements In The Annual Report
- Income Tax
- Cash Flow Statement In The Financial Statements ( Part 4)
- Common Size Financial Statements As An Analytical Tool.
- The Components Of The Financial Statement (Part 1)
- Technical Summary Of IAS 1 Presentation of Financial Statements
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
[...] Understanding The Financial Statements-The Income Statement(Part 3) [...]