200 - How an Income Statement Actually Works

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Focus The Fire

Business


Today we continue our breakdown on financial statement essentials, looking at how an income statement actually works. Yes, at the most basic level, it’s Revenue minus Expenses, but we will show you some nuances that can help you get a better understanding of what’s happening in a company.   Hint: There are many answers to the question, “How much money did they make?”.    If you have specific questions send them to hello@careersandcashflow.com or hit us on the socials so we can answer them in a follow-up episode.    Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv