Home » The 3 Financial Statements: Income Statement (P&L), Cash Flow Statement, and Balance Sheet financial cash flow

The 3 Financial Statements: Income Statement (P&L), Cash Flow Statement, and Balance Sheet financial cash flow

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Quickly learn accounting secrets (without having to become an accountant). This is a walkthrough of the three financial statements and how they work together:
1) Income Statement (also called the Profit and Loss Statement or “P&L”)
2) Cash Flow Statement
3) Balance Sheet
Includes examples as well as a quick explanation of how they work together.

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0:00 – Intro to Financial Statements
2:15 – Cash and Accrual Accounting
2:55 – The Income Statement
4:00 – The Cash Flow Statement
4:56 – Example of a Cash Flow Statement
6:12 – How the Income and Cash Flow Statements Work Together
7:48 – The Balance Sheet
8:20 – Example of a Balance Sheet

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The 3 Financial Statements: Income Statement (P&L), Cash Flow Statement, and Balance Sheet

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The 3 Financial Statements: Income Statement (P&L), Cash Flow Statement, and Balance Sheet
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