FoundationsStartups and digital venturesProduct experimentation practice

Reading a profit and loss statement

Learn to distinguish revenue, expenses, margin and profit in the “Product experimentation practice” specialisation. This programme for startup and product teams asks you to produce a annotated profit-and-loss review, then verify main variances explained without confusing cash and profit. At beginner level, you will understand the essential concepts and complete a guided first professional task.

Estimated workload · 7 hr 33 min · including workshops8 modules · 24 lessonsCompletion certificate

01Identify the professional outcome: annotated profit-and-loss review3 lessons · 52 min0/3

02Observe a real working situation: annotated profit-and-loss review3 lessons · 59 min0/3

03Understand the essential components: annotated profit-and-loss review3 lessons · 58 min0/3

04Build a guided first version: annotated profit-and-loss review3 lessons · 56 min0/3

05Check the essential quality points: annotated profit-and-loss review3 lessons · 55 min0/3

06Test the result in a realistic case: annotated profit-and-loss review3 lessons · 62 min0/3

07Improve one visible weakness: annotated profit-and-loss review3 lessons · 52 min0/3

08Present the output and its evidence: annotated profit-and-loss review3 lessons · 59 min0/3

LEARN · PRODUCE · PROVE

A programme built around a professional outcome.

Start from your situation, practise a professional operation and build Annotated profit-and-loss review · guided diagnostic and first working version — startup and product teams.

Assignment

describe the situation and test one carefully scoped decision while building a annotated profit-and-loss review for startup and product teams

Learning case

Beacon Loop — a small business clarifying its financial position

Expected evidence

main variances explained without confusing cash and profit

Final assessment: explain the decision and deliver a correctly annotated first example using the annotated profit-and-loss review and the criterion main variances explained without confusing cash and profit. The certificate confirms programme completion; it is not a state-recognised qualification or CPF certification.

Your working template

A blank template and completed example to download in every lesson.

How your work will be assessed

Four explicit checks before completing your work.

Varied activities

9 workshop minutes in the first lesson, followed by audits, simulations, comparisons, calculations and decisions according to the subject.