Income Statement Review for Buyers: What the P&L Is Really Telling You
January 02, 2026
by a professional from James Madison University in Washington, DC, USA
Understanding a seller’s income statement is one of the most critical steps in evaluating a business acquisition. This session gives buyers a clear, practical framework for reviewing a P&L and determining whether reported profits reflect sustainable, transferable earnings.
We’ll walk through how buyers should analyze revenue, expenses, margins, and trends to uncover what the business truly earns — and where the numbers may be overstated, misunderstood, or misleading.
Jan 15, ###-###-#### :30 PM Eastern Time (US and Canada)
Register: https://us06web.zoom.us/webinar/register/###-###-#### /WN_TNDBSYTtRpCFEvZUEccp8Q
What You’ll Learn
How buyers should read a P&L differently than sellers
How to distinguish reported profit from real, recurring cash flow
How owner behavior impacts expenses and margins
How to identify one-time, non-recurring, or misclassified costs
How to evaluate margin stability and year-over-year trends
Red flags in income statements that often lead buyers to overpay
Why This Matters
Many deals look strong on paper, but fall apart once buyers step into operations. This session helps you validate earnings early, ask better diligence questions, and avoid relying on numbers that won’t hold up after closing.
Whether you’re early in your search or actively under LOI, this webinar will help you assess deal quality with more confidence and clarity.
This Session is a part of the 2026 Business Acquisition Webinar Series. Hosted by Patrick of O'Connell Advisory Group
Connect with Patrick O'Connell:
http://www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=patrick-o-connell-3b235177
About O'Connell Advisory Group:
https://oconnelladvisorygroup.com/