What is a comparative statement of profits and losses?
When a company wants to get a view of how the company or regression for a period of time for a period of time, a statement for profit and profit and profit is often used as a starting point to get the overall picture or help identify potential problems. The comparative statement of profits and losses is prepared with a multi column on the entire page and identifies each period of income. The use of this format allows the analyst to see historical income trends at different times, as shown in the columns. Often more lines are also included, which also specify different sources of income. Together, rows and columns provide a business analyst with an overall picture of business in general and performance of individual revenue sources. Therefore, the last period of time will be in the column next to the thermal types of income. Each earlier period is then stated in the regression to the right of the page. For example, the list in June, July and August would show a multi -month presentation using this format.
Less common is the opposite format, where the periods are specified in the opposite way. It is shown next to the lines indicating income is the most distant time period. Then, advancing in time to the last period at the end of the statement, each additional period of time is given. As an example, such time periods would be in March, February and January. With regard to readability, however, this format is often not used because it does not easily express the current state of income, which is often a problem for analysts.
Gross income is usually given first in the comparative and loss statement, usually consisting of one page. N.EXT Page, all operating expenses are usually deducted from the period in each column. Total operating costs are usually marked for every time period and deducted from gross income to show the total net income from all sources.
Business Analyst finds this information about the comparative statementIt and loss, equally important in the trend in gross reception. For example, if gross income shows progressive growth, but net income shows regression, it probably suggests a narrow profile in operations that will be reflected in operating costs. Looking at operating expenditure, the analyst can identify from periods to periods when this narrow profile is likely to occur and use this information to determine what other messages could be relevant to identify the problem and repair it.