Are income statement and income statement the same concept?

Yes, it's a concept that used to be called an income statement, but now it's called an "income statement."

The start-up expenses at the time of incorporation of the company should be recorded as "long-term amortized expenses - start-up expenses", and then amortized in annual installments, according to the tax law, the start-up expenses can be amortized within a maximum of 5 years.

When incurred, borrow: long-term amortized expenses - start-up costs.

Credit: Bank deposit (or cash).

When amortized, borrow: management expenses - start-up costs.

Credit: Long-term amortized expenses - start-up costs.

The two statements are actually the same, according to the standard of accounting standards called the income statement, according to the usual habit to call the income statement.

The "loss" of profit and loss is loss, and the "profit" of profit and loss is profit, so the profit and loss statement is also called income statement, income statement or profit and loss calculation statement according to everyone's habits. It is a statement that reflects the operating results of an enterprise in a certain period.

Profit and loss accounts include: main business income, main business cost, main business expenditure, main business tax and surcharge, operating expenses (operating expenses), management expenses, financial expenses, other business income, other business expenses, investment income, non-operating expenses, non-operating income, etc.

The content of the income statement is actually to calculate the occurrence of the above accounts in the accounting period, so that the leader can understand the profit and loss status of the enterprise.

The structure of the income statement consists of three parts: the header, the body and the supplementary information.

There are two forms of income statement: single-step income statement and multi-step income statement.

The income statement and the income statement are essentially the same, but there are certain differences. The profit and loss statement is a dynamic statement that reflects the operating conditions of an enterprise for a certain period, providing all the income and all costs of the enterprise. The income statement provides the profitability of a business.

The income statement is an accounting statement that reflects the production and operation results of an enterprise in a certain period. The income statement matches the operating income of a certain period with the operating expenses related to the same accounting period to calculate the net profit of an enterprise for a certain period.

The income statement, also known as the income statement and profit and loss statement, is a statement that reflects the operating results and distribution of an enterprise in a certain period (monthly, annual). Therefore, it is a dynamic statement that reflects the financial results of a business. The income statement must be prepared on a monthly basis and submitted externally.

At the end of the year, the enterprise should prepare an annual income statement. The table can reflect the net profit, total profit and profit composition of the enterprise in a certain period.

The use of financial results information revealed in the income statement is convenient for users to understand the operating performance and ability of the enterprise, the profit trend, through the analysis of the reasons for the increase or decrease of profits, it is helpful to find the problems in the business process, take improvement measures, and continuously improve the profitability of the enterprise in accordance with the business intentions.

Income statement (income in English

statement, abbreviated as: is; British English: profitandloss

account。Also known as the income statement, it refers to the accounting statement that reflects the operating results and distribution of the enterprise in a certain accounting period, and is the financial record of the company's operating performance in a period of time, reflecting the sales revenue, cost of sales, operating expenses and tax status during this period, and the statement result is the profit or loss realized by the company.

It's the same, just with a different name. There is a difference in the number of specific rows.

There is no difference between an income statement and an income statement.

Loss in the income statement, represents loss, loss, etc. Profit, on behalf of income, profit, etc., the profit and loss statement is a statement representing loss or income, and the actual profit and loss statement before the split is the income statement, but there are two different names for the same table, and there is no difference between them.

The main purpose of the income statement is to measure the operating situation and profit status of the enterprise. There are two main types of income statement structures: single-step and multi-step. China's income statement basically adopts a multi-step structure, that is, the income, expenses and expenditure items of Heyuan shed in the current period are classified according to their nature, and some intermediate profit indicators are listed according to the main links of profit formation, and the current profit and loss are calculated step by step.

The role of the income statement: to provide a basis for investment decisions and loan decisions made by external investors and lenders; Provide a basis for the business decision-making of the internal management of the enterprise; It provides an important basis for the internal performance appraisal of the enterprise.

Limitations of the income statement: It does not include a lot of information that is beneficial to the business and financial health of the business. The profit and loss value is often affected by the accounting method used. Profit and loss measurement is affected by estimates.

Income statement structure: A single-step income statement that calculates net profit by deducting expenses and losses directly from income and profits, without distinguishing between income and expense categories, and without subtotaling classified profits. Multi-step income statement, calculating the sub-count of classified profits (which is conducive to comparative analysis of financial statements), and the parts that are not related to operating activities are included in "other income and gains" and "other expenses and losses".

The income statement and the income statement are the same, there is no difference. The income statement can reflect the production and operation results of the enterprise in a certain period of time. The operating performance of an enterprise in a certain accounting period may be reflected in both profits and losses, so the income statement is also called the income statement.

It comprehensively reflects the various benefits, expenses, costs or expenses completed by the enterprise at a specific stage, as well as the profits or losses incurred by the enterprise. The above is the income statement and income statement are the same.

The role of the income statement.

1. It is conducive to the analysis of the company's operating ability and results: the income statement directly reflects the production and operation results of the enterprise in a certain accounting period;

2. It is conducive to the evaluation of the performance of enterprise management personnel: the information reflected in the income statement is not only a reference for the formulation of various departments, but also an important voucher for evaluating the work results of various departments;

3. It is conducive to the future profits and cash flow of the enterprise: the income statement provides an objective record and reflection of the past production and operation;

4. Conducive to the management of enterprise managers: enterprise managers can establish future work priorities and make correct management decisions by analyzing the changes in profits.

The income statement and the income statement are the same, there is no difference. The income statement can reflect the production and operation effect of the enterprise in a certain period of time. The operating results of a business in a certain accounting period may be reflected as profits and losses, so the income statement is also called the profit and loss statement.

It fully reflects the various revenues, expenses, costs, or expenses completed by the business at a particular stage, as well as the profits or losses completed by the business. The above is whether the income statement is the same as the income statement.

The role of the income statement.

1.It is conducive to the analysis of the company's operating ability and results: the income statement directly reflects the production and operation results of the enterprise in a certain accounting period;

2. It is conducive to evaluating the performance of enterprise managers: the profit information reflected in the income statement is not only a reference for the formulation of various departments, but also an important evidence for evaluating the work results of various departments;

3. It is beneficial to call the future profits and cash flow of the first enterprise: the income statement provides objective records and reflections for the past production and operation;

4.Beneficial to the management decisions of business managers: Business managers can make correct management decisions by analyzing changes in profits and setting future priorities.