CFA_2023_1级_财报

CFA，2023， 1级， 财报Financial Statement Analysis，Assets = Liabilities + Equity，Capital = Debt + Equity，一起来看。

Financial Statement Analysis

• Introduction
  • The roles of financial reporting and FSA
  • Financial Reports and Other Sources of Information
    • Financial Statements (Including footnotes)
      • B/S
        • Assets = Liabilities + Equity
          • Capital = Debt + Equity
      • I/S
        • Income Statement
          • Income - Expenses = Net Income
            • Income = Revenue + Other Income + Gain
            • Expenses = Expenses from ordinary activities of business + Other Expenses + Loss
          • Relationship
            • Base rule: Ending R/E = Beginning R/E + Net Income - Dividend
      • CF/S
      • Footnotes
    • Supplementary Information
      • MD&A
      • Audit
        • Four Opnions
    • Other Information Sources
• Financial Report Standards
  • The Objective of Financial Reporting
  • Standard-setting bodies and regulatory authorities
    • FASB-US GAAP
    • IASA-IFRS
    • SEC-SEC Fillings
    • IOSCO
  • IASB Conceptual Framework
    • Conceptual Framework (2+4)
    • General Requirements for Financial Statements
  • Effective Financial Reporting
    • Characteristics
    • Barriers
• Understanding the I/S
  • Components and Format of the Income Statement
    • Recurring items
    • Non-recurring items
    • Format of I/S
  • Revenue Recognition
    • General Principles
    • Five Steps
      • Indetify the contracts with a customer
      • Indetify the separaate or distinct performance obligations in the contract
      • Determine the transaction price
      • Allocate the transaction price to the performance obligations in the market
      • Recognize revenue when the entity satisfies a performance obligation
  • Expense Recognition
    • Matching Principle
  • Earnings per Share
    • Basic EPS
    • Diluted EPS
  • Analysis of the Income Statement
  • Comprehensive income
    • OCI (4+1)
• Understanding B/S
  • Balance Sheet format and components
    • Liquidity
  • Financial assets
    • HTM
    • Trading Securities
    • AFS
  • Common Size Balance Sheet
• Understanding the C/F
  • Cash flow classification
    • General classification
    • Special classification
  • Direct and indirect method for calculating
    • Direct: Base Rule
    • Indirect: 3-step
  • Calculating CFI and CFF
    • Calculation via Classification
    • Base Rule
  • Common size cash flow and free cash flow
• Financial Analysis Techniques
  • Ratios
    • Activity Ratio
      • Turnover
      • Cycle
    • Liquidity Ratio
    • Solvency Ratio
      • Coverage Ratio
        • EBIT Interest Coverage = EBIT / Interest Expense
    • Profitability Ratio
  • Dupont Analysis
    • 两分解
    • 三分解
    • 五分解
  • Other Issues
    • Dividend-Related Ratios
    • Sustainable Growth Rate
• Inventories
  • Inventory Recognition
  • Valuetion Methods
    • Accounting Treatments
      • FIFO
      • LIFO
      • Weighted Average
      • Specific
    • Analysis
  • Inventory System
    • Periodic System
    • Perpetual System
  • Impairment
    • U.S. GAAP
    • IFRS
  • LIFO reserve
  • LIFO Liquidation
• Long-Lived Assets
  • Capitalizing vs. Expensing
    • Definition & Analysis
    • Capitalizing Interest Costs
  • Intangible Assets
    • R & D
    • Goodwill
  • Depreciation Methods
    • Accounting Treatments
    • Analysis
  • Impairment of Long-Lived Assets
    • IFRS
    • GAAP
  • Reporting Models
    • Cost Model
    • Fair Value Model
    • Revaluation
  • Disposal of Long-lived Assets
• Income Taxes
  • Financial Reporting & Tax Reporting
    • EBT & Taxable Income
    • Tax Expense & Taxpayable
  • Effective Tax Rate & Statutory Tax Rate
    • Timing Difference
    • Permanent Difference
  • Tax Base & Carrying Value
    • Deferred Tax Asset
    • Deferred Tax Liability
  • Calculations
    • Calculation of Deferred Tax Items
      • B/S Approach
      • I/S Approach
    • Calculation of Income Tax Expense
  • Changes in Income Tax Rates
    • Current Tax Rate
    • Future Tax Rate
  • Income Tax Analysis
    • Recognition of DTA
    • Recognition of DTL
• Long-Term Liabilities and Leases
  • Bonds
    • General Features of Bonds
    • Accounting for Bond Amortization
    • Analysis
    • Issuance Costs
  • Leases
    • Definition and Classification of Leases
    • Accounting for Lessee
    • Analysis for Lessee
    • Accounting for Lessor
    • Analysis for Lessor
  • Pension Plans
    • DB Plan
    • DC Plan
• Financial Reporting Quality
  • Two Types of Qualities
    • Financial Reporting Quality
    • Earnings Quality
  • Conservative vs. Aggressive Accounting
  • Fraud Triangle
  • Accounting Manipulation Warning Signs
• Financial Statements Analysis: Applications
  • Evaluate Past Financial Performance
  • Project Future FInancial Performance
  • Credit Analysis
    • 4 C's
    • Credit Score
  • Equity Investments Analysis
  • Analyst Adjustment