The Wall Street MBA, Second Edition, 2nd Edition

CONCLUSION

So there you have it—the good, the bad, and the ugly of finance and accounting. Although you may not be quite ready to structure the Coke–Pepsi merger or audit GE’s financial statements, you have, I hope, acquired a better understanding of what the so-called experts do. No longer will you wallow in ignorance when your favorite stock is downgraded, your company is acquired, or your boss is hauled off to jail for accounting fraud. Although you have gobbled up a number of complex concepts in a short period, don’t be afraid to review them periodically or refer to them when needed. My goal was not to turn you into a financial wizard but to give you an insider’s perspective on the world of accounting and finance. If you have come away with ...