Breaking Down the P&L with Kevin Cope | Breaking down the Income Statement

We use an example of Austin’s cycle shop P&L. The term P&L is short for profit and loss and that's most often what companies use as an acronym within their own organization. Now there are several financial statements there are three primary statements - this is the one that probably gets the most attention within organizations. It's the one that management spends more time on, it's one that shareholders or investors pay attention to most, and it's also the one that you and I as employees in an organization can impact the most. We deep dive into 3 main things to look at and analyze within a P&L. We hope you’ll take a look at your own company's P&L and learn more about how your company makes money.

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[richnce]

I took a course with Kevin at my company today. I highly recommend him for you in your business quest. Being able to speak to, and translate a company's financials to your teams KPI's can really have an impact in awareness and engagement.

[oluwasanmioyeola]

This is the clearest explanation of P&L I have come across. Thank you!

[BenRice-jj]

Great summary which has been really useful. Thank you