The Company Income Statement

Overview:

This lesson delves into financial documents. In particular, the lesson focuses on the income statement. Students will learn the definition of an income statement (and its component parts). Students will learn to read and decode an actual income statement from a 10-K filing. Finally, students will use income statements to reason about the well being of individual companies.

NBEA Standard(s):
  • Personal Finance, I. Personal Decision Making
  • Accounting, II. Financial Reports
  • Accounting, III. Financial Analysis
  • Management, IX. Industry Analysis
  • Accounting, VI. Interpretation and Use of Data

Lesson Plan Details:

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