Income Statement

An Income Statement is a financial document that reports a company's financial performance over a specific accounting period, detailing revenues and expenses. Coursera's Income Statement catalogue teaches you how to analyze and interpret these crucial financial statements. You'll learn about the important components of an income statement, including gross profit, operating profit, and net income. Moreover, you'll gain an understanding of how these elements interact to provide a comprehensive view of a company's profitability. Dive into key concepts like revenue recognition, cost of goods sold (COGS), operating expenses, and income taxes. This knowledge will empower you to make informed financial and strategic decisions in roles such as financial analyst, accountant, business manager, or an entrepreneur.