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Income Statement and Balance Sheet

Financial and Managerial Aspects in Human Resource Management: A Practical Guide

ISBN: 978-1-83909-615-0, eISBN: 978-1-83909-612-9

Publication date: 13 January 2021

Abstract

Learning Objectives

At the end of this chapter, learners should be able to:

  • Explain what an income statement is and the items included in the income statement.

  • Understand the classification of cost.

  • Explain what a balance sheet is and the items included in the balance sheet.

  • Write up an income statement and balance sheet.

  • Understand the concept of a consolidated account to enable human resource practitioners develop business and commercial awareness skills.

Keywords

Citation

Pepple, D. and Ejiogu, C. (2021), "Income Statement and Balance Sheet", Pepple, D. and Zhang, C. (Ed.) Financial and Managerial Aspects in Human Resource Management: A Practical Guide, Emerald Publishing Limited, Bingley, pp. 11-22. https://doi.org/10.1108/978-1-83909-612-920211003

Publisher

:

Emerald Publishing Limited

Copyright © 2021 Emerald Publishing Group Limited