- 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.