- CFA Exams
- 2025 Level II
- Topic 3. Financial Statement Analysis
- Learning Module 14. Evaluating Quality of Financial Reports
- Subject 7. Sources of Information about Risk
Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Subject 7. Sources of Information about Risk PDF Download
A company's financial statements can provide useful indicators of financial or operating risk.
The management commentary (MD&A) can give users information that is helpful in assessing the company's risk exposures and approaches to managing risk.
Required disclosures regarding, for example, changes in senior management or inability to make a timely filing of required financial reposts can be a warning sign of problems with financial reporting quality.
The financial press can be a useful source of information about risk when, for example, a financial reporter uncovers financial reporting issues that had not previously been recognized. An analyst should undertake additional investigation of any issue identified.
User Contributed Comments 0
You need to log in first to add your comment.
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
My Own Flashcard
No flashcard found. Add a private flashcard for the subject.
Add