How to Read a Profit and Loss Statement focuses on Income Statement or P&L Statement, one of the chief indices of profitability of a business, and a key driver of strategic organizational decisions. The book covers:*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
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.