How to Review an Income Statement

What Do You Want To Know?

First of all, an income statement is the financial document which shows the business whether they are making money. The statement follows accounting rules which may confuse regular people. For example, regular folks would not consider a sale to have taken place until they get paid but accountants record a sale when the work is done.




Debi Peverill has been advising business owners and others for more than 40 years. She writes in and easy to understand and frequently humourous manner. She became a Chartered Accountant way back in 1980 and started her own public accounting firm in 1988. She knows lots of stuff.

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Debi Peverill

Debi Peverill

I am a Canadian Chartered Accountant who is very interested in helping people make money and keep it away from the government without breaking any rules.

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