How to Read A Profit And Loss Statement

by N. Ramachandran, Ram Kumar Kakani (Contributor)

Finance Made Easy Series has been designed to cater to managers and executives with little understanding of finance and little time to read treatises on financial management. Hence, the series seeks to demystify apparently complex financial statements and help create a finance-savvy executive class, the key to fiscally sound and successful businesses. A lucid, creative and concise exposition of financial statements, their components, jargon and computational methods along with short stories and numerical examples makes for an engaging reading for busy professionals. How to Read a Profit and Loss Statement focuses on Income Statement of P&L Statement, one of the chief indices of profitability of a business, and key driver of strategic organizational decisions. The book Definition, overview, and importance of a P&L statement; Key components of a P&L statement and methods of computation; Relationship between balance sheet and P&L statement; Analysis of P&L statement of a manufacturing concern; Exercises with answer keys Using simple language and short stories to set the stage and tone for theoretical discussions, it helps non-finance executives make sense of jargon-laden P&L statements of their firms and competing ones.

Genres: Finance, Business

120 pages, Paperback

First published December 21, 2013

Reviews

[Sahil Dahiya · Rating 3 out of 5]

If you are new to finance, You will get vague idea how To read profit and low statement. Instead I will suggest you to go for Anil lamba book: romancing with the balance sheet sheet.