-
The INCOME STATEMENT Explained (Profit & Loss / P&L)
💥Income Statement Cheat Sheet → https://accountingstuff.com/shop
🖊Income Statement Practice Questions → https://accountingstuff.com/practice-questions
The 'Income Statement', or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements, along with the Balance Sheet and the Statement of Cash Flows. In this tutorial, you'll find out what the Income Statement is and how you can use it to measure a business's financial performance.
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
01:02 - Income Statement Definition
01:10 - What a Basic Income Statement Looks Like
02:10 - An Analogy
02:37 - Expanding the Income Statement
03:16 - Direct Costs - Cost of Sales
04:48 - Gross Profit
05:10 - Indirect Costs - Overheads
06:1...
published: 19 Aug 2019
-
Income statement explained
What is an income statement? An income statement is an overview of how much a company has earned during a period. In analyzing the financial performance of a company, the income statement is where most people spend a lot of time.
⏱️TIMESTAMPS⏱️
00:00 Understanding the income statement
01:06 Income statement case study
02:53 Top line and bottom line
03:27 Revenue
04:23 Cost of revenue
05:55 Gross margin
06:23 Operating expenses
07:53 Operating income
08:27 Other income
08:55 Provision for income taxes
09:43 Net income
10:42 Earnings per share
The income statement is known under many names, each of these gives a hint of what we are trying to review in this income statement tutorial: consolidated statement of earnings, profit and loss statement, earnings report, statement of operations, sta...
published: 12 Feb 2020
-
How To Analyze an Income Statement
Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My channel is meant for entertainment purposes only. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing.
Hey, I'm Daniel Pronk and in this video I show you how to analyze and read a companies Income Statement. Income Statements are crucial to understanding a business and it's revenue. You can also tell what the business is writing off and what it's operational expenses are. Income statements really help you decide if a business is a good investment. In this video,...
published: 17 Apr 2020
-
How to Prepare an Income Statement (Step by Step)
🔥Accelerate Your Grades with the Accounting Student Accelerator! - 85% OFF
Financial Accounting Accelerator 👉 http://bit.ly/fin-acct-review
Managerial Accounting Accelerator 👉 http://bit.ly/aua-mgr
Want to master financial statements? Check out the Full Course Below:
https://www.udemy.com/course/learn-accounting-unlock-the-numbers/?referralCode=1C71DB8E04DB39582920
🔥DOWNLOAD YOUR FREE DEPRECIATION CHEAT SHEET 👉 http://bit.ly/depreciation-cheat-sheet
In today's video, I will show you how to prepare an income statement.
Income statements track revenues and expenses for a business. This statement helps businesses understand their income and profit. There are all types of expenses from wages expense to cost of goods sold. This statement can be tricky so make sure to watch the entire se...
published: 23 Nov 2019
-
Introduction to the income statement | Stocks and bonds | Finance & Capital Markets | Khan Academy
Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now: https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/introduction-to-the-income-statement
The income statement, revenue, gross profit, operating profit, net income, ROA and ROE. Created by Sal Khan.
Watch the next lesson:
https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/earnings-and-eps?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets
Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/price-and-market-capitalization?utm_source=YT&utm_medium=Desc&utm_campaign=financean...
published: 19 Aug 2009
-
The INCOME STATEMENT for BEGINNERS
💥Income Statement Cheat Sheet → https://accountingstuff.com/shop
🖊Income Statement Practice Questions → https://accountingstuff.com/practice-questions
The 'Income Statement', or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements, along with the Balance Sheet and the Statement of Cash Flows. In this tutorial, we'll build an Income Statement from the ground up using the basic principles of Accounting.
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
00:08 - Financial Statement Definition
00:41 - What is a Basic Income Statement?
00:55 - What is a Detailed Income Statement?
01:52 - How to Make a Basic Income Statement
03:19 - How to Make a Detailed Income Statement
🔗VIDEO LINKS
▪ Income Statement → https://...
published: 01 Mar 2021
-
Financial Accounting - Income Statement
I explain the income statement and format of the statement
published: 29 Aug 2013
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Basic financial statement// income statement // Retained earning // balance sheet // bbs 1st years
Basic financial statement// income statement // Retained earning // balance sheet // bbs 1st years
new course
published: 19 Jul 2021
-
The Income Statement, defined and explained
This video defines what an income statement is and provides a brief explanation of its role.
—
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SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
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SUPPORT EDSPIRA ON PATREON
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* https://edspira.thinkific.com
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LISTEN TO THE SCHEM...
published: 15 Jul 2013
-
Trading Profit and Loss Account Format - Income Statement
#hstutorial Trading Profit and Loss Account Format - Income Statement guide and principles. This format is well detailed to help you understand clearly the concepts, uses, and elements of an Income Statement which was formally known as Trading Profit and Loss Account.
Never miss a tutorial video - Subscribe to stay up-to-date with us https://www.hstutorial.com/subscribe
Read more on Accounting topics at
https://www.hstutorial.com
published: 21 May 2018
11:26
The INCOME STATEMENT Explained (Profit & Loss / P&L)
💥Income Statement Cheat Sheet → https://accountingstuff.com/shop
🖊Income Statement Practice Questions → https://accountingstuff.com/practice-questions
The 'Inc...
💥Income Statement Cheat Sheet → https://accountingstuff.com/shop
🖊Income Statement Practice Questions → https://accountingstuff.com/practice-questions
The 'Income Statement', or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements, along with the Balance Sheet and the Statement of Cash Flows. In this tutorial, you'll find out what the Income Statement is and how you can use it to measure a business's financial performance.
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
01:02 - Income Statement Definition
01:10 - What a Basic Income Statement Looks Like
02:10 - An Analogy
02:37 - Expanding the Income Statement
03:16 - Direct Costs - Cost of Sales
04:48 - Gross Profit
05:10 - Indirect Costs - Overheads
06:15 - Operating Profit
06:42 - Comparative Periods
07:18 - Example - Imaginary Company
08:17 - Financial Ratio Analysis - Gross Profit Margin
09:34 - Interest Expenses & Tax
10:01 - Net Profit
10:12 - Gross Profit vs Operating Profit vs Net Profit
🔗VIDEO LINKS
▪ Balance Sheet → https://youtu.be/YZyBSU6YdmM
▪ Cash Flow Statement → https://youtu.be/Xy-yDw0gsgc
▪ Book Review → https://youtu.be/oNw4guzrzG4
🔝 CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero (FREE TRIAL) → https://xeroamericas.grsm.io/ck90eoq1r6tu
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🚶FOLLOW ME ON
▪ Instagram → https://www.instagram.com/accountingstuff
▪ TikTok → https://www.tiktok.com/@accounting_stuff
▪ Facebook → https://www.facebook.com/thisisaccountingstuff/
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
For sponsorship, product reviews, and collaboration, you can email me here:
[email protected]
________________________
#accounting #accountant #accountingstuff
https://wn.com/The_Income_Statement_Explained_(Profit_Loss_P_L)
💥Income Statement Cheat Sheet → https://accountingstuff.com/shop
🖊Income Statement Practice Questions → https://accountingstuff.com/practice-questions
The 'Income Statement', or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements, along with the Balance Sheet and the Statement of Cash Flows. In this tutorial, you'll find out what the Income Statement is and how you can use it to measure a business's financial performance.
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
01:02 - Income Statement Definition
01:10 - What a Basic Income Statement Looks Like
02:10 - An Analogy
02:37 - Expanding the Income Statement
03:16 - Direct Costs - Cost of Sales
04:48 - Gross Profit
05:10 - Indirect Costs - Overheads
06:15 - Operating Profit
06:42 - Comparative Periods
07:18 - Example - Imaginary Company
08:17 - Financial Ratio Analysis - Gross Profit Margin
09:34 - Interest Expenses & Tax
10:01 - Net Profit
10:12 - Gross Profit vs Operating Profit vs Net Profit
🔗VIDEO LINKS
▪ Balance Sheet → https://youtu.be/YZyBSU6YdmM
▪ Cash Flow Statement → https://youtu.be/Xy-yDw0gsgc
▪ Book Review → https://youtu.be/oNw4guzrzG4
🔝 CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero (FREE TRIAL) → https://xeroamericas.grsm.io/ck90eoq1r6tu
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🚶FOLLOW ME ON
▪ Instagram → https://www.instagram.com/accountingstuff
▪ TikTok → https://www.tiktok.com/@accounting_stuff
▪ Facebook → https://www.facebook.com/thisisaccountingstuff/
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
For sponsorship, product reviews, and collaboration, you can email me here:
[email protected]
________________________
#accounting #accountant #accountingstuff
- published: 19 Aug 2019
- views: 1040315
11:53
Income statement explained
What is an income statement? An income statement is an overview of how much a company has earned during a period. In analyzing the financial performance of a co...
What is an income statement? An income statement is an overview of how much a company has earned during a period. In analyzing the financial performance of a company, the income statement is where most people spend a lot of time.
⏱️TIMESTAMPS⏱️
00:00 Understanding the income statement
01:06 Income statement case study
02:53 Top line and bottom line
03:27 Revenue
04:23 Cost of revenue
05:55 Gross margin
06:23 Operating expenses
07:53 Operating income
08:27 Other income
08:55 Provision for income taxes
09:43 Net income
10:42 Earnings per share
The income statement is known under many names, each of these gives a hint of what we are trying to review in this income statement tutorial: consolidated statement of earnings, profit and loss statement, earnings report, statement of operations, statement of financial performance, or simply: the income statement. So in case you are unable to find the income statement for a company, try a search with any of these other names!
Learning how to read an income statement is just like learning how to read anything else: I encourage you to go through lots of real world income statements for companies that you are interested in. By reviewing the income statement, and the notes that come with it in the annual report, you will at the same time learn a lot about how the business works.
Let me show you how to read an income statement, using the financial statements of Microsoft as an example.
To get a quick first impression, we take a look at revenue at the top of the #incomestatement, and net income at the bottom of the income statement. Also known as the top line and the bottom line. Net sales billed, and turnover, are sometimes used by other companies as a synonym for revenue. Net earnings and net profit are sometimes used as a synonym for net income. If CEOs or analysts discuss how revenue and net income have developed, they often refer to top line growth and bottom line growth.
Philip de Vroe (The Finance Storyteller) aims to make #accounting, #finance and investing enjoyable and easier to understand. Learn the business and accounting vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better investing decisions. Philip delivers #financetraining in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!
https://wn.com/Income_Statement_Explained
What is an income statement? An income statement is an overview of how much a company has earned during a period. In analyzing the financial performance of a company, the income statement is where most people spend a lot of time.
⏱️TIMESTAMPS⏱️
00:00 Understanding the income statement
01:06 Income statement case study
02:53 Top line and bottom line
03:27 Revenue
04:23 Cost of revenue
05:55 Gross margin
06:23 Operating expenses
07:53 Operating income
08:27 Other income
08:55 Provision for income taxes
09:43 Net income
10:42 Earnings per share
The income statement is known under many names, each of these gives a hint of what we are trying to review in this income statement tutorial: consolidated statement of earnings, profit and loss statement, earnings report, statement of operations, statement of financial performance, or simply: the income statement. So in case you are unable to find the income statement for a company, try a search with any of these other names!
Learning how to read an income statement is just like learning how to read anything else: I encourage you to go through lots of real world income statements for companies that you are interested in. By reviewing the income statement, and the notes that come with it in the annual report, you will at the same time learn a lot about how the business works.
Let me show you how to read an income statement, using the financial statements of Microsoft as an example.
To get a quick first impression, we take a look at revenue at the top of the #incomestatement, and net income at the bottom of the income statement. Also known as the top line and the bottom line. Net sales billed, and turnover, are sometimes used by other companies as a synonym for revenue. Net earnings and net profit are sometimes used as a synonym for net income. If CEOs or analysts discuss how revenue and net income have developed, they often refer to top line growth and bottom line growth.
Philip de Vroe (The Finance Storyteller) aims to make #accounting, #finance and investing enjoyable and easier to understand. Learn the business and accounting vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better investing decisions. Philip delivers #financetraining in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!
- published: 12 Feb 2020
- views: 132595
17:50
How To Analyze an Income Statement
Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My channel is meant for ent...
Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My channel is meant for entertainment purposes only. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing.
Hey, I'm Daniel Pronk and in this video I show you how to analyze and read a companies Income Statement. Income Statements are crucial to understanding a business and it's revenue. You can also tell what the business is writing off and what it's operational expenses are. Income statements really help you decide if a business is a good investment. In this video, I show you tricks and tips when looking at income statements, as well as some red flags.
Further Support The Channel Via Patreon!
www.Patreon.com/DanielPronk
My Favorite Investing Books:
Rule 1 Investing
https://amzn.to/2wP3xeA
The Intelligent Investor:
https://amzn.to/2xzWnvA
My Stock Trading Broker - Sign Up and Recieve $50 In FREE Trades:
http://www.questrade.com?refid=5d35f0e6ca378
This is not investment advice. Please do all your own research before buying and selling any stocks or securities. I am not responsible for any loss or gain you may have.
#IncomeStatement #Beginner
https://wn.com/How_To_Analyze_An_Income_Statement
Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My channel is meant for entertainment purposes only. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing.
Hey, I'm Daniel Pronk and in this video I show you how to analyze and read a companies Income Statement. Income Statements are crucial to understanding a business and it's revenue. You can also tell what the business is writing off and what it's operational expenses are. Income statements really help you decide if a business is a good investment. In this video, I show you tricks and tips when looking at income statements, as well as some red flags.
Further Support The Channel Via Patreon!
www.Patreon.com/DanielPronk
My Favorite Investing Books:
Rule 1 Investing
https://amzn.to/2wP3xeA
The Intelligent Investor:
https://amzn.to/2xzWnvA
My Stock Trading Broker - Sign Up and Recieve $50 In FREE Trades:
http://www.questrade.com?refid=5d35f0e6ca378
This is not investment advice. Please do all your own research before buying and selling any stocks or securities. I am not responsible for any loss or gain you may have.
#IncomeStatement #Beginner
- published: 17 Apr 2020
- views: 299858
8:28
How to Prepare an Income Statement (Step by Step)
🔥Accelerate Your Grades with the Accounting Student Accelerator! - 85% OFF
Financial Accounting Accelerator 👉 http://bit.ly/fin-acct-review
Managerial Accounti...
🔥Accelerate Your Grades with the Accounting Student Accelerator! - 85% OFF
Financial Accounting Accelerator 👉 http://bit.ly/fin-acct-review
Managerial Accounting Accelerator 👉 http://bit.ly/aua-mgr
Want to master financial statements? Check out the Full Course Below:
https://www.udemy.com/course/learn-accounting-unlock-the-numbers/?referralCode=1C71DB8E04DB39582920
🔥DOWNLOAD YOUR FREE DEPRECIATION CHEAT SHEET 👉 http://bit.ly/depreciation-cheat-sheet
In today's video, I will show you how to prepare an income statement.
Income statements track revenues and expenses for a business. This statement helps businesses understand their income and profit. There are all types of expenses from wages expense to cost of goods sold. This statement can be tricky so make sure to watch the entire series to understand how to make an income statement step by step.
SUBSCRIBE SO YOU CAN MASTER ACCOUNTING!
https://www.youtube.com/channel/UCCyBG-qtLqfvCdSG34ES8Ag
********************************************************************
Comment Below if you have any questions!🔥
https://wn.com/How_To_Prepare_An_Income_Statement_(Step_By_Step)
🔥Accelerate Your Grades with the Accounting Student Accelerator! - 85% OFF
Financial Accounting Accelerator 👉 http://bit.ly/fin-acct-review
Managerial Accounting Accelerator 👉 http://bit.ly/aua-mgr
Want to master financial statements? Check out the Full Course Below:
https://www.udemy.com/course/learn-accounting-unlock-the-numbers/?referralCode=1C71DB8E04DB39582920
🔥DOWNLOAD YOUR FREE DEPRECIATION CHEAT SHEET 👉 http://bit.ly/depreciation-cheat-sheet
In today's video, I will show you how to prepare an income statement.
Income statements track revenues and expenses for a business. This statement helps businesses understand their income and profit. There are all types of expenses from wages expense to cost of goods sold. This statement can be tricky so make sure to watch the entire series to understand how to make an income statement step by step.
SUBSCRIBE SO YOU CAN MASTER ACCOUNTING!
https://www.youtube.com/channel/UCCyBG-qtLqfvCdSG34ES8Ag
********************************************************************
Comment Below if you have any questions!🔥
- published: 23 Nov 2019
- views: 335124
15:27
Introduction to the income statement | Stocks and bonds | Finance & Capital Markets | Khan Academy
Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now: https://www.khanacademy.org/economics-finance-domain/core-finance/...
Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now: https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/introduction-to-the-income-statement
The income statement, revenue, gross profit, operating profit, net income, ROA and ROE. Created by Sal Khan.
Watch the next lesson:
https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/earnings-and-eps?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets
Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/price-and-market-capitalization?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets
Finance and capital markets on Khan Academy: Life is full of people who will try to convince you that something is a good or bad idea by spouting technical jargon. Most of them have no idea what they are talking about. Don't be one of those people or their victims when it comes to stocks. From P/E rations to EV/EBITDA, we've got your back!
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
https://wn.com/Introduction_To_The_Income_Statement_|_Stocks_And_Bonds_|_Finance_Capital_Markets_|_Khan_Academy
Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now: https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/introduction-to-the-income-statement
The income statement, revenue, gross profit, operating profit, net income, ROA and ROE. Created by Sal Khan.
Watch the next lesson:
https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/earnings-and-eps?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets
Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/valuation-and-investing/v/price-and-market-capitalization?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets
Finance and capital markets on Khan Academy: Life is full of people who will try to convince you that something is a good or bad idea by spouting technical jargon. Most of them have no idea what they are talking about. Don't be one of those people or their victims when it comes to stocks. From P/E rations to EV/EBITDA, we've got your back!
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
- published: 19 Aug 2009
- views: 855801
5:09
The INCOME STATEMENT for BEGINNERS
💥Income Statement Cheat Sheet → https://accountingstuff.com/shop
🖊Income Statement Practice Questions → https://accountingstuff.com/practice-questions
The 'Inc...
💥Income Statement Cheat Sheet → https://accountingstuff.com/shop
🖊Income Statement Practice Questions → https://accountingstuff.com/practice-questions
The 'Income Statement', or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements, along with the Balance Sheet and the Statement of Cash Flows. In this tutorial, we'll build an Income Statement from the ground up using the basic principles of Accounting.
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
00:08 - Financial Statement Definition
00:41 - What is a Basic Income Statement?
00:55 - What is a Detailed Income Statement?
01:52 - How to Make a Basic Income Statement
03:19 - How to Make a Detailed Income Statement
🔗VIDEO LINKS
▪ Income Statement → https://youtu.be/0--AvwZabIQ
▪ Balance Sheet → https://youtu.be/CMv1zlZhb4Q
▪ Cash Flow Statement → https://youtu.be/DiVPAjgmnj0
▪ Book Review → https://youtu.be/oNw4guzrzG4
🔝 CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero (FREE TRIAL) → https://xeroamericas.grsm.io/ck90eoq1r6tu
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🚶FOLLOW ME ON
▪ Instagram → https://www.instagram.com/accountingstuff
▪ TikTok → https://www.tiktok.com/@accounting_stuff
▪ Facebook → https://www.facebook.com/thisisaccountingstuff/
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
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#accounting #accountingstuff
https://wn.com/The_Income_Statement_For_Beginners
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🖊Income Statement Practice Questions → https://accountingstuff.com/practice-questions
The 'Income Statement', or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements, along with the Balance Sheet and the Statement of Cash Flows. In this tutorial, we'll build an Income Statement from the ground up using the basic principles of Accounting.
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⏱️TIMESTAMPS
00:00 - Intro
00:08 - Financial Statement Definition
00:41 - What is a Basic Income Statement?
00:55 - What is a Detailed Income Statement?
01:52 - How to Make a Basic Income Statement
03:19 - How to Make a Detailed Income Statement
🔗VIDEO LINKS
▪ Income Statement → https://youtu.be/0--AvwZabIQ
▪ Balance Sheet → https://youtu.be/CMv1zlZhb4Q
▪ Cash Flow Statement → https://youtu.be/DiVPAjgmnj0
▪ Book Review → https://youtu.be/oNw4guzrzG4
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________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________
#accounting #accountingstuff
- published: 01 Mar 2021
- views: 367014
3:57
Financial Accounting - Income Statement
I explain the income statement and format of the statement
I explain the income statement and format of the statement
https://wn.com/Financial_Accounting_Income_Statement
I explain the income statement and format of the statement
- published: 29 Aug 2013
- views: 467731
29:52
Basic financial statement// income statement // Retained earning // balance sheet // bbs 1st years
Basic financial statement// income statement // Retained earning // balance sheet // bbs 1st years
new course
Basic financial statement// income statement // Retained earning // balance sheet // bbs 1st years
new course
https://wn.com/Basic_Financial_Statement_Income_Statement_Retained_Earning_Balance_Sheet_Bbs_1St_Years
Basic financial statement// income statement // Retained earning // balance sheet // bbs 1st years
new course
- published: 19 Jul 2021
- views: 21731
6:24
The Income Statement, defined and explained
This video defines what an income statement is and provides a brief explanation of its role.
—
Edspira is the creation of Michael McLaughlin, an award-winning ...
This video defines what an income statement is and provides a brief explanation of its role.
—
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* http://eepurl.com/dIaa5z
—
SUPPORT EDSPIRA ON PATREON
*https://www.patreon.com/prof_mclaughlin
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GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com
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LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725
* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc
* Website: https://www.edspira.com/podcast-2/
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GET TAX TIPS ON TIKTOK
* https://www.tiktok.com/@prof_mclaughlin
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ACCESS INDEX OF VIDEOS
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CONNECT WITH MICHAEL
* Twitter: https://www.twitter.com/Prof_McLaughlin
* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin
—
ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com
https://wn.com/The_Income_Statement,_Defined_And_Explained
This video defines what an income statement is and provides a brief explanation of its role.
—
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* http://eepurl.com/dIaa5z
—
SUPPORT EDSPIRA ON PATREON
*https://www.patreon.com/prof_mclaughlin
—
GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com
—
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725
* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc
* Website: https://www.edspira.com/podcast-2/
—
GET TAX TIPS ON TIKTOK
* https://www.tiktok.com/@prof_mclaughlin
—
ACCESS INDEX OF VIDEOS
* https://www.edspira.com/index
—
CONNECT WITH EDSPIRA
* Facebook: https://www.facebook.com/Edspira
* Instagram: https://www.instagram.com/edspiradotcom
* LinkedIn: https://www.linkedin.com/company/edspira
—
CONNECT WITH MICHAEL
* Twitter: https://www.twitter.com/Prof_McLaughlin
* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin
—
ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com
- published: 15 Jul 2013
- views: 186533
17:01
Trading Profit and Loss Account Format - Income Statement
#hstutorial Trading Profit and Loss Account Format - Income Statement guide and principles. This format is well detailed to help you understand clearly the conc...
#hstutorial Trading Profit and Loss Account Format - Income Statement guide and principles. This format is well detailed to help you understand clearly the concepts, uses, and elements of an Income Statement which was formally known as Trading Profit and Loss Account.
Never miss a tutorial video - Subscribe to stay up-to-date with us https://www.hstutorial.com/subscribe
Read more on Accounting topics at
https://www.hstutorial.com
https://wn.com/Trading_Profit_And_Loss_Account_Format_Income_Statement
#hstutorial Trading Profit and Loss Account Format - Income Statement guide and principles. This format is well detailed to help you understand clearly the concepts, uses, and elements of an Income Statement which was formally known as Trading Profit and Loss Account.
Never miss a tutorial video - Subscribe to stay up-to-date with us https://www.hstutorial.com/subscribe
Read more on Accounting topics at
https://www.hstutorial.com
- published: 21 May 2018
- views: 137482