HOW TO PREPARE, READ & ANALYSE
A COMPANY INCOME STATEMENT
A practical, step-by-step course that will accelerate your understanding of how to perform this critical aspect of company analysis.Currently unavailable
Understand the financial strength of a company and start making better decisions.
The income statement (also known as the Profit and Loss account) is one of the most important financial statements for a company. By learning to read, prepare and analyse these figures, you'll be able to make more informed decisions regarding a business.
Whether you're an investor, a business owner or simply looking to enhance your career, by learning this critical skill you'll be improving your ability to take the right actions at the right time.
What may have previously seemed like a sheet of numbers will take on new meaning, revealing insights about a company's performance and the competency of its management.
How the income statement is used
You'll learn the role of the income statement within a company's financial statements, including when and what it's appropriate to use it for.
How to decipher the statement line-by-line
You'll learn to read and make sense of the figures and terminology, even if you have no financial experience. We will break it down one step at a time.
Uncovering secrets hidden in the numbers
The real story of the income statement comes when you know how to analyse the numbers. You'll learn a toolbox of ratios that will help you discover what the figures are really showing you in any company.
How to build the statement from scratch
Understanding your financials as a business owner can be the difference between success and failure. By the end of this course, you'll be ready to build your own income statement and uncover your own findings.
"I have been a huge advocate among everyone I know for the Duomo Initiative. Everything that they produce is always fantastically prepared and takes even those who have no experience in the finance industry whatsoever into consideration."
What’s in the course
The lessons are designed to provide an optimised and efficient learning experience.
By completing all the modules, practical activities and quizzes, you will have a solid, practical understanding of income statements.
The course has been broken down into sections covering the core skills you will need to develop: how to read the income statement, how to prepare your own one and how to analyse it using ratios to uncover essential insights.
Here's a preview of what you can expect (click each tab to find out more)...
"Financial statements can seem daunting if you don't know what you're really looking at. In this course, we remove that uncertainty and give you the confidence to work through an income statement on your own. Whether you're an investor, an entrepreneur or pursuing a career in finance, this is an essential skill that you need to learn. With this course, we have you covered!"
Here's some of what you can expect from this course:
Over 1.5 hours of Video Lessons
Practical and theoretical lessons taught in the typical, engaging Duomo style.
Engage in active learning with hands-on activities using our supporting Excel file, to enhance your learning.
Test your understanding and see how far you've come with challenging quizzes in each section.
Access Any Time
Learn at your own pace and access the course as often as you need to, day or night!
Detailed text modules to support a rich learning experience.
Available on Mobile
You can learn anywhere; during your commute, at the gym or even on your lunch break.
Who will benefit from this course?
We want our students to be 100% happy and engaged with what they are learning. Here's who this course is designed for...
Who is this course for?
If you want a course that is going to teach you how to prepare, read and analyse an income statement in a practical and efficient way, this course is for you.
Our members come from a range of experience levels and will all finish the course with a practical understanding of the income statement. This course is for people that want to get straight to being able to actually use this information and not spend months learning unnecessary details and regulations.
If you want to spend a few hours learning and already be able to dissect and analyse an income statement, you're in the right place.
Who is this course NOT for?
If you're looking for an exhaustive accountancy course that is going to teach you every single detail and regulation needed to be a practicing accountant. This course is not for you.
This course is not designed to replace a full education in accountancy, for those people that are looking for a career in this field. This course is designed for people that want a practical understanding of this skill, for their own purposes.
However, if you are looking for an introduction into the subject before deciding on a career in accountancy, this course is appropriate.
Ready to get started?
Enroll now and get instant access to your exciting new learning journey..
- Full life-time access to the course.
- Future course enhancements included.
- Downloadable supporting Excel file.
- One-time payment.