A business financial statement that lists revenues, expenses, and net income throughout a given period. Because of the various methods used to record transactions, the monetary values shown on an income statement often can be misleading. Also known as Earnings report, Earnings statement, Operating statement, or Income statement.
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A set of accounts, usually prepared annually, which depict a companys trading performance and are... <a target=_blank href='http://www.finance-glossary.com/terms/profit-and-loss-statement.htm?id=12898&ginPtrCode=00000&PopupMode=false' title='Read full definition of profit and loss statement'>more</a>
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A spreadsheet showing a businesss gross income and expenses, used to determine the net profit or loss for a specific period.
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Is the report which shows a client's, trader's, desk's, operating line's or firm's profitability. It can refer to one trade or some designated accounting period. In the gross form, these reports only indicate trading impacts. Depending on the reporting purposes, the reports can take into account other income and expenses.
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The income statement of a company detailing revenues minus total costs to give total profit.
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No exact match found.
