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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
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    19

    Common Size Income Statement

    Start
    20

    Performance Measures of a Company

    Start
    21

    Comprehensive Income

    Start
    What's Included

    Online Lessons

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    Quizzes

    Course Project

    Downloadable Ebook

    Resources

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    Quizzes

    1