The Profit and Loss Statement

Tina Moe, Certified Public Accountant with A.C.T. Services, provides a look at the profit and loss statement, sometimes referred to as the income statement. In this first episode of her Financial Statement Basics series, you’ll learn the components of the profit and loss statement and what’s included in each section.
 
For more information visit Tina’s website at A.C.T. Services Inc..

 
 
 

About Tina Moe

 

Tina MoeTina L. Moe began her career in public accounting in 1994, while earning her undergraduate degree in accounting. She paid her tuition by traveling from business to business providing on-site bookkeeping, payroll and accounting services all while developing lasting relationships. She graduated in 1998, from the IU Kelly School of Business with her bachelor degree in Accounting and, by then, was one of two partners in a small accounting firm located in Speedway.

In July 2002, she spun off on her own, formed A.C.T. Services, obtained her CPA license and continued to build her practice. Her business has grown to a clientele over 1200 and a staff of 10. She attributes her business growth to her pro-activeness with her clients while maintaining affordability and accessibility of her services.

The better consultants for small business owners are themselves a small business owner. Occasionally, when Moe finds the time, you can find her enjoying her favorite hobby, boating with her family.

Watch other episodes by Tina Moe at Accounting and Tax Tips: Smart Strategies for Small Business Success.

1 Comment
  1. Tina – I’m so glad that you’re doing a Financial Statement Basics Series – this is an area where I know I need training. You explained the profit and loss statement so well. I always appreciate how you “translate” accounting & finance terms & processes into easy-to-understand language!

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