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| Title | Lesson 3: The Income Statement |
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| Author | Ledgerwood, J.; Moloney, K. |
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| Content Language | English (en) |
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| Date Of Publication | 1996 |
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| Description | The purpose of this lesson is to introduce the Income Statement and to define revenue and expenses. The relationship between revenue and expenses and their affect on the Income Statement will be explained. You will become familiar with definitions of items commonly seen on the Income Statement and how the Income Statement is created. You will develop an understanding of how the Income Statement reflects transactions for a specified period of time rather than at a specific “point-in-time”. Topics include: - The Income Statement
- Revenue
- Expenses
- Comparative Income Statement
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| Time to Complete | 0 |
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| Keywords | FI Managers, COSTS |
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| Resource | |
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accounting - lesson 3 (EN)
