CFA Level 1: Study Session 6. Financial Reporting and Analysis (1) - Reading 19. Introduction to Financial Statement Analysis

AnalystNotes specializes in helping candidates pass. Period.

	1. The Roles of Financial Reporting and Financial Statement Analysis a. describe the roles of financial reporting and financial statement analysis;
	2. Major Financial Statements b. describe the roles of the statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows in evaluating a company's performance and financial position;
	3. Other Financial Information Sources c. describe the importance of financial statement notes and supplementary information - including disclosures of accounting policies, methods and estimates - and management's commentary; e. identify and describe information sources that analysts use in financial statement analysis besides annual financial statements and supplementary information;
	4. Auditor's Reports d. describe the objective of audits of financial statements, the types of audit reports, and the importance of effective internal controls;
	5. Financial Statement Analysis Framework f. describe the steps in the financial statement analysis framework.

I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

No flashcard found. Add a private flashcard for the reading.