CLEAR LECTURE on P&L (+ template for compiling P&L)
In this 35-minute lecture, you will find the main points that a small and medium business owner without an economic education needs to know and understand in order to compile P&L (profit and loss) for their company.
The main parts of the lecture:
⁃ compilation of the income part;
⁃ compilation of the expense part;
⁃ basic principles of compiling P&L (accruals and comparisons)
⁃ performance indicators
⁃ what is not included in operating expenses
⁃ where to download an excel template
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Download template for P&L preparation https://docs.google.com/spreadsheets/...
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