There are three types of financial statements for businesses: income statement, balance sheet and cash flow statement. Each of these financial statements shows a different aspect of the business.

The traditional and contribution margin income statements both communicate a company's revenues, expenses and profits or losses for an accounting period. The top line is revenue and the bottom line is ...

The way Indian companies present their profit and loss statements is set for a makeover, one that could provide investors with a clearer picture of what’s driving profits and where the money goes. The ...