Log in
Log inBook a demo

Essentials - Understanding Budgeting and Finance - Understanding Profit and Loss

INTERACTIVE
Jenison ELearning
4 hrs

Essentials - Understanding Budgeting and Finance - Understanding Profit and Loss

INTERACTIVE
Jenison ELearning
4 hrs
Included in GO1 PremiumStarting from $12 per user for teamsLearn moreTry for free
Included in GO1 PremiumStarting from $12 per user for teamsLearn moreTry for free

Course Content

  • Profit in Perspectives
  • Costs and Revenues
  • The Trading Statement
  • The Profit and Loss Account
  • Including: Check my Understanding Tests and Full Course Test

Learning Objectives

Participants will acquire the knowledge and skills to:

  • Know how profit is generated, measured, evaluated and distributed 
  • Appreciate the importance of profit and of cost control 
  • Understand the relationship between profit, costs and revenue 
  • Be able to interpret typical Trading Statements and Profit and Loss Accounts 

Course Overview

Profit is a key business goal and a fundamental source of growth. But for most of us, it remains a vague notion. This course will answer the following questions: How is profit generated? How is it measured? How do individual managers contribute to profit? What happens to it?

Course Duration

120- 240 minutes