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#cfa-level-1 #reading-22-financial-statement-analysis-intro
An analyst following a highly regulated industry will study the existing and expected relevant regulations.
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3.2. Other Sources of Information
any is crucial to an analyst’s effectiveness. For example, an analyst studying a consumer-oriented company will typically seek direct experience with the products (taste the food or drink, use the shampoo or soap, visit the stores or hotels). <span>An analyst following a highly regulated industry will study the existing and expected relevant regulations. An analyst following a highly technical industry will gain relevant expertise personally or seek input from a technical specialist. In sum, thorough research goes beyond financial repor


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