Similar to the earlier edition, various intriguing portions have been dealt with through amusing conversations infused with witty answers relating to P&L Statement. Additionally, the new edition elaborates on certain other equally important sections of the P&L Statement that were not addressed in such detail earlier.

This edition answers questions such as:

Ø Why is it important to maintain a P&L Statement?

Ø What items do we need to consider while preparing this statement and why?

Ø What perspective do investors have while analyzing a P&L Statement?

Ø Presented in simple language through some short story like examples to set the stage and tone for

Ø Theoretical discussions, this edition also includes ample exercises along with answer keys.