Can an accountant do a profit and loss statement? A certified income statement requires the services of a certified public accountant. Financial statements are certified by a CPA who examines them, ...

Schedule C is an IRS tax form that reports profit or loss from a business. Sole proprietors or single-member LLCs typically use the form. Many, or all, of the products featured on this page are ...

Also referred to as a profit and loss statement ... and annually for the third. An income statement lists financial projections in the following format: Income includes all revenue streams ...

This is the final part of the profit and loss account. If the net profit figure is negative, the business has made a loss.