Overview

The profit and loss statement, called in US income statement, looks familiar and easy to read and understand. However, it's necessary to go further to reveal the secrets of company's performance. In this book, we describe the accounting principles involved and the mechanism to record the revenues and expenses. The result is analyzed in terms of financial resources invested and financial means employed leading to a financial performance system highlighted by key indicators. (KPIs) Case applications are proposed to link theory and practice. You are a shareholder and you want to read and understand the financial statements and especially the income statement provided by your company. You are an entrepreneur and you want to better understand how the profit is generated by your business. You are a banker and you want to read and understand the financial statements of your clients. You are a student in MBA/EMBA courses and you would like to investigate the information released by an income statement. This book is for you In few hours, you will assimilate the most important concepts to read and understand an income statement even if consolidated. The case applications will help you to test your new knowledge You will get access to the fantastic language of accounting and the mastery of corporate finance

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