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CoursesUnderstanding Income Statements
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Understanding Income Statements

This reading introduces the readers to income statements, one of the three major financial statements. We will learn about the structure and presentation of income statement, calculation of various elements of income statements, and common ratios associated with it.

Lessons

01

Income Statement

Start
02

Formats of Income Statements

Start
03

Principles of Revenue Recognition

Start
04

Revenue Recognition - Long-term Contracts

Start
05

Revenue Recognition - Instalment Sales

Start
06

Revenue Recognition - Barter Transactions

Start
07

Expense Recognition

Start
08

Inventory Expense Recognition

Start
09

Depreciation Expense Recognition

Start
10

Amortization Expense Recognition

Start
11

Bad Debt Expense and Warranty Expense Recognition

Start
12

Financial Reporting of Non-recurring Items

Start
13

Operating and Non-operating Components of Income Statement

Start
14

How to Calculate Basic Earnings Per Share (EPS)

Start
15

Impact of Stock Dividends and Stock Splits on Earnings Per Share (EPS)

Start
16

Diluted EPS

Start
17

Calculation of Diluted EPS (Convertible Preferred Stock)

Start
18

Calculation of Diluted EPS (Convertible Debt)

Start
19

Common Size Income Statement

Start
20

Performance Measures of a Company

Start
21

Comprehensive Income

Start
What's Included

Online Lessons

Chat with Lessons

Quizzes

Course Project

Downloadable Ebook

Resources

(1)

Quizzes

1
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