This Senior/Graduate/Executive MBA level text integrates accounting, economic theory, and empirical research to provide a framework for financial statement analysis in a user-oriented context. Co-written by academics and practitioners, this is the only text that teaches students to first understand how financial statements are generated. Principles of analysis are then illustrated through the extensive use of actual corporate financial statements.
Daunting for the non-accountant. Terrifying, in fact. This book is more advanced than I realised, and didn't help me as much with my CFA studies as I had hoped it would. If I didn't understand the study notes, it was unlikely that I'd understand the textbook!