What’s the Difference Between A Balance Sheet & A Profit & Loss Statement?
Event Leadership Institute
APRIL 14, 2019
Smarticle. I recently started my own event company after 16 years working as an in house planner. My accountant sent me over an Income Statement & a Balance Sheet. Do I really need to understand both documents? Overview. Yes. Think about financial statements as gauges on your car ’ s dashboard. The speedometer is like your Income Statement (also called a Profit and Loss Statement).
40 
Let's personalize your content