CFA Level 1 Prep: 4 – Financial Reporting and Analysis

This course focuses on Financial analysis which is a major section of the CFA exam. This starts with accounting systems and how they differ around the world as investment advisors need to understand these nuances. We’ll also cover financial statements like the income statement, the balance sheet, and the statement of cash flows. CFA exam takers should understand the tools of finance such as ratio analysis as well as accounting though, so we will cover how financials are presented, accounting treatment of capitalized costs and other accounting concepts as applied to finance. Finally, we’ll finish up by giving some tips when taking the financial analysis section of the CFA exam.