O'Reilly logo

DK Essential Managers: Understanding Accounts by Stephen Brookson

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Analyzing a Profit and Loss Account

Line-by-line analysis of the profit and loss account provides a valuable insight into business performance. Find out what the figures really mean using a series of measures that show how profits are being utilized and determine whether they can be improved.

DK Always perform a quick top to bottom line review of profits.
DK Assess revenues and expenditures as a percentage of sales.

Examining key lines

Start by taking an overview. First, look at the top line of sales: Are figures up or down on last year, and is ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required