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标题: Equity vs FSA [打印本页]

作者: Kapie    时间: 2011-7-11 19:08     标题: Equity vs FSA

In L2 which needs to be covered first. Would reading FSA before Equity lead to better understanding.
作者: xilinx_altera    时间: 2011-7-11 19:08

kiranster Wrote:
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> Does order of reading make a big difference.


In my opinion the order doesnt matter. In EQ you'll need to know I/S acct (op income, a/r for bad debt, amort meth...) since these acct may have to be adjusted to perform relevant multiple calcs. For example, to calc EPS in P/E you have to account for non-recurring income. But the info in FSA for level II is more complex than that and assumes you already have a grasp of those relationships from Level I.

Anyone else have an opinion on that?




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