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The Management Income Statement is the single-most important financial report essential for the effective management of any organization. Often used to create a "common language" for the organization, it is used by managers in all functional areas--from first-line managers to the CEO and board of directors.

This course is specifically aimed at helping non-financial managers to read, understand and use the Management Income Statement as an important management tool. The course helps you become an intelligent consumer of your company's financial information, and enable you to be proactive with your Finance & Accounting team and articulate your reporting needs as manager.

This course covers:

  • What a Management Income Statement is, and how to use it as a tool for running your business.
  • Line-by-line review of what goes into a comprehensive, solid Management Income Statement.
  • Other considerations to be aware of--including content formatting.

Learning Objectives

  • Identify key elements of a typical Management Income Statement
  • Identify how the Management Income Statement helps you make management decisions
  • Recognize ratios and other metrics that allow you to gain deeper insight into your organization’s operations than what you can learn from the raw numbers by themselves

5 Reviews (12 ratings)Reviews

4
Anonymous Author
Very high level, but a useful overview of how the management income statement should look.
4
Member's Profile
Helpful course to give you a different perspective.
4
Member's Profile
Good to know the users of the statements
Anonymous Author
Good information in this course!
4
Member's Profile
very informational

Prerequisites

Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
Understanding The Mgt. Income Statement
  7:07The First Look
  9:17Revenue and Expenses
Rows, Columns, and Ratios
  13:34Rows
  10:01Columns
  8:45Ratios
CONCLUSION
  9:34Other Scenarios and The Wrap Up
Continuous Play
  1:05:52Understanding the Management Income Statement: A Course for Non-Finance Professional
SUPPORTING MATERIALS
  PDFSlides: Understanding the Management Income Statement
  PDFUnderstanding the Management Income Statement Glossary/Index
REVIEW & TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM