2024 CFA Level I Exam: CFA Discussion Topic: Convert from Indirect Method to Direct Method

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Topic: Convert from Indirect Method to Direct Method

Author	Topic: Convert from Indirect Method to Direct Method
6994735 @2017-04-06 23:03:14	Hi All, In reviewing reading 27, LOS g for CFA Level 1, I find myself wondering what's the difference between CONVERTING from Indirect to Direct, and just putting together a new fresh Direct method from scratch. Does anyone have a decent example of how CFO is built using the Indirect method, and then how that report is used to convert to the Direct method? I'm not overly happy with the explanation provided by the CFA textbook. Thanks, John

Author

Topic: Convert from Indirect Method to Direct Method

6994735
@2017-04-06 23:03:14

Hi All,

In reviewing reading 27, LOS g for CFA Level 1, I find myself wondering what's the difference between CONVERTING from Indirect to Direct, and just putting together a new fresh Direct method from scratch.

Does anyone have a decent example of how CFO is built using the Indirect method, and then how that report is used to convert to the Direct method? I'm not overly happy with the explanation provided by the CFA textbook.

Thanks,

John

CFA Discussion Topic: Convert from Indirect Method to Direct Method

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CFA Discussion Topic: Convert from Indirect Method to Direct Method

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