- CFA Exams
- Dec. 2020 Level 1
- Study Session 9. Financial Reporting and Analysis IV
- Reading 30. Financial Statement Analysis: Applications
Reading 30. Financial Statement Analysis: Applications
Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Learning Outcome Statements
| Reading 30. Financial Statement Analysis: Applications | |
|---|---|
| 1. Evaluating Past Financial Performance a. evaluate a company's past financial performance and explain how a company's strategy is reflected in past financial performance; | |
| 2. Projecting Future Financial Performance b. forecast a company's future net income and cash flow; | |
| 3. Assessing Credit Risk c. describe the role of financial statement analysis in assessing the credit quality of a potential debt investment; | |
| 4. Screening for Potential Equity Investments d. describe the use of financial statement analysis in screening for potential equity investments; | |
| 5. Analyst Adjustments to Reported Financials e. explain appropriate analyst adjustments to a company's financial statements to facilitate comparison with another company. |