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

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, ...

Also referred to as a profit and loss statement ... business over the time frame covered by the plan. For a business plan, the income statement should be generated on a monthly basis during ...