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“The McGraw-Hill 36-Hour Course in Finance (2nd edition)” by Robert A. Cooke

Like accounting, finance is a subject best understood by working through examples.

Instead of assaulting the reader with a never-ending stream of formulas, The McGraw-Hill 36-Hour Course in Finance uses stories and humor to illustrate how corporate finance works and why it is important to learn.

The thing that impresses me most about this book is how enjoyable it is to read. Drawing on over thirty years of experience as a CPA, Cooke knows how to explain financial concepts clearly using non-technical language. In addition, he happens to be a master storyteller. The text is structured as a collection of twelve units, making it ideal for self-study.

The 2nd edition of The McGraw-Hill 36-Hour Course in Finance contains an additional chapter on the function and role of auditors, an important subject in the wake of corporate accounting scandals and the introduction of Sarbanes-Oxley in the US.

(Tip: to get the most out of this book, work your way through Essentials of Accounting first – a bit of accounting knowledge will make it easier to focus on learning the financial concepts.)

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