Part I. Financial Statements and Ratio Analysis and Forecasting

3: Financial Statements Analysis- The Income Statement

21 of 150 · 123 words

From Introduction to Financial Analysis by LibreTexts (Kenneth S. Bigel, Touro University), used under the CC BY 4.0 licence. Written for a general audience, not for NEPSE.

3.1: Chapter Three- Learning Outcomes
3.2: The Income Statement
3.3: On Learning and Studying
3.4: Financial Statements- Interpretation
3.5: The Audit
3.6: Perpetual Inventory Accounting
3.7: Periodic Inventory Analysis- Ending Inventory and Cost of Goods Sold
3.8: Units to Numbers- FIFO and LIFO
3.9: Inventory Costing Calculations- A Closer Look at the COGS and Ending Inventory Computations
3.10: Inventory Accounting Issues- LIFO
3.11: LIFO Base Illustration
3.12: Accounting for Long-term Assets- Straight-Line Depreciation (For Reporting Purposes Only)
3.13: Accounting Entries for Depreciation
3.14: Accelerated Depreciation Methods- Sum-of-the-Years' Digits (For reporting purposes only)
3.15: Accelerated Depreciation Methods- Double/Declining Balance (For reporting purposes only)
3.16: Comparative Summary of Depreciation Methods
3.17: The Balance Sheet versus the Income Statement- A Summary
3.18: Chapter Three- Review Questions

This chapter at LibreTexts (Kenneth S. Bigel, Touro University). Tables and text are reproduced; images, videos and quizzes are not.