The profit and loss statement reports how a company made or ... For this reason, the numbers reported in each document are scrutinized by investors and the company's executives.

Can an accountant do a profit and loss statement? A certified income statement requires the services of a certified public accountant. Financial statements are certified by a CPA who examines them, ...

This is the final part of the profit and loss account. If the net profit figure is negative, the business has made a loss.

Profit and loss statements, accounts receivable aging reports and cash flow statements are just a few of the essential documents necessary for planning growth and staying on top of money matters.