# Profit And Loss (P&L)

Skill · Finance and Accounting

Canonical page: https://career.thegoodapps.co/skills/profit-and-loss-p-l

A Profit and Loss statement (P&L), also called an income statement, is a financial report summarizing a company's revenues, costs, and expenses over a specific period to show its net profit or loss. Business leaders, finance teams, and P&L-owning managers use it to track financial performance, guide budgeting decisions, and assess the profitability of a business unit or product line.

Related skills: [Financial Modeling](https://career.thegoodapps.co/skills/financial-modeling), [Budgeting](https://career.thegoodapps.co/skills/budgeting), [Financial Statement Analysis](https://career.thegoodapps.co/skills/financial-statement-analysis), [Cost Management](https://career.thegoodapps.co/skills/cost-management), [Balance Sheet](https://career.thegoodapps.co/skills/balance-sheet)

## Open roles requiring Profit And Loss (P&L) (0)

None of the roles we have read name this skill yet. A large share of the visible corpus has not been parsed for skills, so this is at least as likely to be our backlog as the market's verdict.