EBIT/EBITDA - Understanding Your Profit and Loss Statement
OVERVIEW This training program will review different types of profit andloss statements, including a QuickBooks profit and loss standard layout as a complex, multi-fund example. Attendees will learn how to analyze growth or loss within a business or department by comparing progressive reports. WHY SHOULD YOU ATTEND If you don’t prepare your own profit and loss statement, you may not understand what yours are trying to communicate about your business’ financial performance. Many business owners and senior executives have stacks of reports they never look at because none of them seem to make much sense. Understanding your P&L is vital to small businesses because it also serves as the income statement. Whether it’s time to apply for business credit or a loan, or time to sell your business, you’ll need to bring your P&Ls going back 2 to 3 years. This webinar will help you understand the terms, format, and key performance indicators of profit and loss statements. Underst...