The Income Statement

  • Reference: CN-232-E

  • Number of pages: 10

  • Publication Date: Feb 25, 2016

  • Fecha de edición: Sep 7, 2022

  • Source: IESE (España)

  • Type of Document: Technical Note

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Description

This note explains how to prepare, read and interpret the Income Statement, a financial statement that measures the performance of the firm over a period of time. It shows the profit generated and its different components. The note illustrates the content and structure of the Income Statement and its relationship with the Balance Sheet.

Learning Objective

The note illustrates the content and structure of the Income Statement and its relationship with the Balance Sheet.

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Keywords

Accounting Financial accounting financial reporting Financial statements