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If you are looking to get into either a finance or accounting field, profit and loss statements would be of critical value. Take a look at: en.wikipedia.org/wiki/Profit_and_Loss

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13y ago

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Related Questions

Where to find profit and loss statement for hotel?

If they are a publicly-traded company you can find their financial statements at ww.sec.gov. If they are private, you will have to ask them to see their statements and they do not have to oblige.


Are dividends included on Profit and Loss Statements?

no


Where can you find sales figures for public companies?

Balance sheet and Profit and Loss statements of Public listed companies are available to general public for review. You can also request for full information, or buy it from the related government departments. Sales figures can be found in the Profit and Loss statement of a public company.


What is Profit or loss account?

Profit and loss is nothing but an statements which shows the net profit and net loss during a period.


What are the final statements of the business?

final statements are trading account,profit and loss account,balance sheet.


Do sale salaries affect profit-and-loss statements?

Sale Salaries


Can you suggest a website that informs you about profit loss statements?

Free profit and loss statements can be found at www. freebusinessforms.com/free it is the most convenient and easiest of all the sites to use they even do all the math for you.


What is meant by profit and loss?

When there is a parent and subsidiary companies exists in that situation the combined financial information of parent company as well as subsidiary companies are shown under one statment which are called consolidated financial statements so in consolidated profit and loss account combined information of both parent and subsidiaries shown together rather preparing separate statements.


What is meant by consolidated profit and loss?

When there is a parent and subsidiary companies exists in that situation the combined financial information of parent company as well as subsidiary companies are shown under one statment which are called consolidated financial statements so in consolidated profit and loss account combined information of both parent and subsidiaries shown together rather preparing separate statements.


Does GAAP require comparative financial statements?

profit public companies dealing in the money markets required to provide Comparative balance sheet,profit and loss , cashflow statements.


Advantages and disadvantages of trading profit and loss account?

: Profit and loss account gives the actual information about net profit or net loss of the business for an accounting period, Profit and loss account gives the actual information about indirect expenses, Profit and loss account serves to show the ratio between net profit to sales, Profit and loss account helps in showing the ratio between net profit to operating expenses, Profit and loss account helps in controlling indirect expenses


Functions of finance department in manufacturing?

The finance department in a manufacturing company is responsible for reviewing and analyzing financial information. This may include funding for the company, profit and loss statements, and employee payroll information.