Income Statement Basics Course

Learn how to read, interpret and analyse in depth the Income Statement of any company.

Created by: Ivan Ivanov
Financial Analyst

What Will I Learn?

• Understand and confidently define the essence of the Income Statement
• Interpret and analyze each item included in the Income Statement
• Describe and distinguish the operating from the non-operating components
• Calculate and interpret both the basic and the diluted shares
• Understand and describe the general principles of Revenue and Expense Recognition, and be aware of their implications and applications

Requirements

• This is an introductury course with basic accounting knowledge necessary.

Target audience

• Finance students who would like to gain a deeper and perpetual understanding into each and every item inside the income statement.
• Financial analysts and Finance professionals who would like to upgrade their knowledge of the basics and allow themselves to advance further into their careers.
• Finance enthusiasts who would like to gain the foundation to properly read, interpret and analyze the Profit and Loss statement of any company.
• This course could also serve as a great foundation and refreshment for CFA level I students within the Income Statement topics of the exam.