a. describe the roles of financial reporting and financial statement analysis;

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;

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;

d. describe the objective of audits of financial statements, the types of audit reports, and the importance of effective internal controls;

f. describe the steps in the financial statement analysis framework.