January 2025
Intermediate to advanced
1086 pages
32h 56m
English
Content preview from The 30 Day MBA Ebook Bundle
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03Analysing financial reports
In Chapter 1 the important financial statement of profit and loss (income statement), balance sheet and cash flow statement were explained. To recap – the trading performance of a company for a period of time is measured in the profit and loss account by deducting running costs from sales income. A balance sheet sets out the financial position of the company at a particular point in time, usually the end of the accounting period. It lists the assets owned by the company at that date matched by an equal list of the sources of finance. Cash flow measures ...
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