Financial Accounting: Income Statement Analysis

Est. Study Time: 2.5 hours
3 PDCs
3 CEUs


This course explores the Income Statement and the departments involved in its creation by explaining how to determine COGS, record losses, and understand how ethics come into play during the process.
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Learning Objectives

  • Know which departments are involved in the creation of the income statement
  • Learn how revenue and cost of goods sold apply to the process of analyzing income statements
  • Become familiar with the ethical issues involved in income statement analysis
  • Understand the role of accounts receivable, and learn how to record losses on the income statement

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SHRM: VTR is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). This program is valid for 3 PDCs. For more information about certification or recertification, please visit

HRCI: VTR is a recognized provider of recertification credits. HR Certification Institute® preapproved this program for 3 credits toward aPHR™, PHR™, PHRca™, SPHR™, GPHR™, PHRi™, and SPHRi™ recertification.