The profit and loss statement, called in US income statement, seems easy to read and understand and looks familiar.However, it's necessary to go further to reveal the secrets of company's performance.So, we analyze the components of the profit and loss statement to identify the key elements leading to the recurring performance of the company.But the performance of a company should be analyze in terms of financial resources invested and financial needs employed.That's why, it's necessary to review the components of the balance sheet reviewed as a financing system.Then, the structure of the key performance indicators is used to build a chain of drivers and highlight the levers. You are a shareholder and you want to read and understand the financial statements and especially the profit and loss statement provided by your company. You are an entrepreneur and you want to better understand how the profit is generated by your business.You are a banker and you want to read and understand the financial statements of your clients. You are a student in a MBA or EMBA program and you would like to review quickly the information released by a profit and loss statement.This book is for youIn few hours, you will assimilate the most important concepts to read and understand a profit and loss statement even if consolidated.The book will provide to you some training exercises to test your new knowledgeIt will open to you the access to the fantastic language of accounting and finance
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