The Wall Street MBA, Second Edition, 2nd Edition

INTRODUCTION

The last decade brought forth countless corporate scandals, overvalued mergers, a global financial crisis, and the collapse of some of the largest financial institutions in the world. The cost of each event ultimately has been borne by the investor and consumer public. Misguidance by investment analysts, bankers, accountants, and corporate managers has undermined our trust in those individuals and the institutions they serve. As a result, it is now imperative that all of us be aware of and comprehend the basics of corporate finance and corporate accounting.

But here is the bigger problem: finance and accounting are boring! I remember spending long hours in front of dry textbooks while trying to make sense of charts and graphs, let ...