Material Detail

What are Income Statements?

What are Income Statements?

This is a free book from BookBoon.

This eBook you will give you a thorough understanding of the income statement, a powerful decision-making tool that every manager should be familiar with.

You will learn:

  • How an income statement is prepared and what it can tell you
  • The importance of transaction timing and how it influences the income statement totals
  • How to use accounting standards to help you define operating and non-operating expenses
  • How to use income statements to measure financial performance against expectations
  • How to compare income statements for different sized organizations


  • Editor Reviews
  • User Rating
  • Comments  (1) Comments
  • Learning Exercises
  • Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material


Disciplines with similar materials as What are Income Statements?
Other materials like What are Income Statements?


Log in to participate in the discussions or sign up if you are not already a MERLOT member.
Susan Moncada
Susan Moncada (Faculty)
2 years ago
One cannot access the materials for the free month trial without registering and providing a credit card number. Since I was not willing to provide this information, I was not able to access the textbook to review it.