Statement of profit or loss

7 topics across 6 chapters

Chapter 1

Purpose, definition and regulatory framework (IFRS/GAAP) for the statement of profit or loss

Chapter 2

Revenue recognition principles and common revenue streams

Chapter 3

Classification and measurement of expenses (COGS, operating, finance, depreciation and amortisation)

Chapter 4

Presentation of profit margins and subtotal lines (gross profit, operating profit, profit before tax, profit for the period)

Chapter 5

Income tax, discontinued operations, exceptional items and other comprehensive income vs profit or loss

Chapter 6

Notes, disclosures and analysis (segmental reporting, earnings per share, ratio analysis and forecasting)