Hi Jason, super insightful article!

I just passed my CFA level 2, and I'm feeling a bit overwhelmed by the sheer number of accounting rules and principles to follow. For newbies like me, how would you recommend approaching a financial report systematically so that we can actually spot any fudging that may lurk underneath?

I found your point about the inter-relationship between the three statements especially important. Though I think that if I try to follow a transaction through all three statements, I would probably end up confusing myself and find false alarms. Outside of experience, do you have any suggestions on how I can learn to analyze the statements as one?

Thanks again!