Can an accountant do a profit and loss statement? A certified income statement requires the services of a certified public accountant. Financial statements are certified by a CPA who examines them, ...

This is the final part of the profit and loss account. If the net profit figure is negative, the business has made a loss.

Also referred to as a profit and loss ... income statement doesn't show when revenue is collected or when expenses are paid. It does, however, show the projected profitability of the business ...

Let's prepare a profit and loss statement using ... is to ask around - talk to business people, mentors, etc. and others to get some numbers. It's always a lot better than just guessing. When looking ...

It's also one of the most difficult to make for most small business owners ... which is either a profit or loss. In addition to the income statements, include a note analyzing the results.