WBS-South Small Business Financial Basics, Part 1 of 3: Understanding the Income Statement

In Partnership with Women’s Business Center South. Want to understand the Income Statement (Profit & Loss Statement) and the story it tells about your business? - Income Statement shows how profitable your company is. We will go over each element of Income Statement as well as the importance of Bookkeeping, and cover how you maintain a solid monitoring tool of your profit.


Understanding the Income Statement

This training will explain the elements of the income statement and how the entire income statement provides the business owner with the financial status of the company.