- CFA Exams
- 2024 Level II
- Topic 3. Financial Statement Analysis
- Learning Module 19. Understanding Balance Sheets
Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Learning Outcome Statements PDF Download
| 1. Components and Format of the Balance Sheet describe the elements of the balance sheet: assets, liabilities, and equity; describe uses and limitations of the balance sheet in financial analysis; describe alternative formats of balance sheet presentation; contrast current and non-current assets and current and non-current liabilities; | |
| 2. Measurement Bases of Assets and Liabilities describe different types of assets and liabilities and the measurement bases of each; | |
| 3. Financial Instruments: Financial Assets and Financial Liabilities describe different types of assets and liabilities and the measurement bases of each; | |
| 4. Equity describe the components of shareholders' equity; | |
| 5. Uses and Analysis of the Balance Sheet demonstrate the conversion of balance sheets to common-size balance sheets and interpret common-size balance sheets; calculate and interpret liquidity and solvency ratios. |
Your review questions and global ranking system were so helpful.
Lina
My Own Flashcard
No flashcard found. Add a private flashcard for the module.
Add