Working With the Income Statement

The Income Statement card contains the following forms:

• Income Statement

  For more information, see Reviewing the Income Statement.

• Income Statement Subsidiary Consolidated

  For more information, see Reviewing the Income Statement Subsidiary Consolidated.

• Income Statement Adj

  For more information, see Making Final Adjustments With Income Statement Adj.

The Income Statement card also includes an Income Statement Dashboard. The Income Statement Dashboard displays key metrics and trends for Actual and Forecast values. For more information, see Analyzing Trends in the Income Statement Dashboard.

Finance executives analyze the Income Statement Accounts by Subsidiary, Department, and Class. Executives review the Income Statement Subsidiary Consolidated form and validate Actual and Forecasted Income Statement Account balances for all Subsidiaries side-by-side. They also make final Income Statement adjustments and analyze key performance indicators and trends with the Income Statement Dashboard.

General Notices