AuthorTopic: Convert from Indirect Method to Direct Method
@2017-04-06 23:03:14
Hi All,

In reviewing reading 27, LOS g for CFA Level 1, I find myself wondering what's the difference between CONVERTING from Indirect to Direct, and just putting together a new fresh Direct method from scratch.

Does anyone have a decent example of how CFO is built using the Indirect method, and then how that report is used to convert to the Direct method? I'm not overly happy with the explanation provided by the CFA textbook.



CFA Discussion Topic: Convert from Indirect Method to Direct Method

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Andrea Schildbach

Andrea Schildbach