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How To Read Profit And Loss Statement

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On hearing the term 'business', the first thought that comes to mind is of its profitability. The... Read More

Product Description

On hearing the term 'business', the first thought that comes to mind is of its profitability. The Profit and Loss (P&L) Statement is one of the chief indices of profitability of a business and the key driver of strategic organizational decisions. This new edition evaluates those queries related to the P&L Statement that reflect the total financial wellbeing of an organization: from defining a P&L Statement to its key components and methods of computation; from the relationship between Balance Sheet and P&L Statement to analyzing the P&L Statement of a manufacturing concern. Similar to the earlier edition, various intriguing portions have been dealt with through amusing conversations infused with witty answers relating to P&L Statement. Additionally, the new edition elaborates on certain other equally important sections of the P&L Statement that were not addressed in such detail earlier. This edition answers questions such as:

Why is it important to maintain a P&L Statement?
What items do we need to consider while preparing this statement and why?
What perspective do investors have while analyzing a P&L Statement?

Product Details

Title: How To Read Profit And Loss Statement
Author: Kakani Ramachandran
Publisher: Mcgraw Hill Education
ISBN: 9789351342991
SKU: BK0379081
EAN: 9789351342991
Language: English
Binding: Paperback
Reading age : All Age Groups

About Author

N. Ramachandran is the Director of Kochi Business School, Kochi, Kerala. Ram Kumar Kakani is currently Professor at Lal Bahadur Shastri national Academy of Administration, with a rich experience in the corporate sector.

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