Description
Financial Reporting & Analysis (FRA) questions accounts for the most marks in the CFA Level 1 Exam. It is no doubt the heaviest topic in one of the hardest exams in the world. Many candidates struggle with this topic, not just due to the sheer volume of concepts to master, but also the different standards that one has to be aware of. By the end of this course, we are confident that you will be able to comfortably handle at least 80% of the questions under FRA, more than enough to give you a passing mark for this section.
Learning Outcomes
- Classify the various financial statement elements (assets, liabilities, equity, revenue, and expenses).
· Understand the basic and expanded accounting equations.
· Understand the roles of standard setting bodies and regulatory authorities.
- Be familiar with the IFRS Framework, and also identify the key differences between IFRS and US GAAP.
- Calculate depreciation, COGS, inventory under different cost flow assumptions, basic and diluted EPS.
- Distinguish between operating and non-operating items.
Requirements
- Basic mathematics knowledge
Target Audience-
- This course is for CFA Level 1 Candidates
- This course is for people who are interested in the CFA Program
Course Features
- Lectures 6
- Quizzes 0
- Duration 6 hours (1 hour each)
- Skill level All levels
- Language English
- Students 149
- Assessments Yes
