Instructional Video3:42
The Business Professor

Profit Center Performance - Variable and Absorption Income Statements

Higher Ed
Measuring the performance of a profit center is based upon the reporting of profits and losses. Pursuing an absorption or variable costing approach for inventory will alter the gross profit calculation.
Instructional Video8:44
The Business Professor

Pro Forma Financial Statements

Higher Ed
Pro Forma Financial Statements or Pro Forma are used to project the peformance of a business or project. This video explains how to create pro forma financial statements - namely the balance sheet, income statement, and cash flow statement.
Instructional Video8:06
Let's Tute

Understanding Provisions and Reserves: Lessons from Mom and Business

9th - Higher Ed
The video explains the concepts of provisions and reserves in business and relates them to how a household budget is managed by a mother. It provides examples of different types of provisions and reserves and their characteristics. The...
Instructional Video8:59
The Business Professor

Pro Forma Financial Statements

Higher Ed
Pro Forma Financial Statements or Pro Forma are used to project the peformance of a business or project. This video explains how to create pro forma financial statements - namely the balance sheet, income statement, and cash flow statement.