Financial Reporting And Analysis, Cfa L1

A complete guide from basics of Accounting to Analysis of Statement Analysis,

What you'll learn

Understand Accounting better

Learn Financial Statement Analysis

Get an overview of all the financial Statements

Requirements

No prior knowledge required, though for practice, it will benefit if they have a CFA L1 FSA courseware available

Description

This course covers all the concepts of Financial Statement Analysis and Financial Reporting. It covers 20% of the syllabus of CFA L1 and builds the foundation in Finance. The learnings from this course are not just useful for the candidates preparing for the CFA exam but also for those aspiring to enter the field of finance without formal education of commerce. This course is formulated in various Study sessions and readings just as structured in the CFA program. I have made 73 video lectures for each subtopic taking into account that the attention span of students is short. Each topic is followed by concept checkers on that topic and I also explain how a question should be attempted on the CFA exam.This is a tough subject and a student would take between 60-100 hours to get an understanding of FRA through self study, however, taking this online course, with help them understand this complex topic in less than 15 hours! Therefore taking this course is strongly recommended to working professionals preparing for CFA exam who have limited time available for studying.

Overview

Section 1: Study Session 7: Reading 22 Financial Statement Analysis: An Introduction

Lecture 1 Introduction

Lecture 2 Introduction to Balance Sheet

Lecture 3 Introduction to Income Statement

Lecture 4 Introduction to Other Comprehensive Income

Lecture 5 Introduction to Statement of Owner's Equity

Lecture 6 Introduction to Cash Flow Statement

Lecture 7 Notes and MDNA

Lecture 8 Auditor's Report

Lecture 9 FSA Framework

Section 2: Study Session 7: Reading 23 Financial Reporting Mechanics

Lecture 10 Classification of Business Activities

Lecture 11 Common Accounts and Accounting Equation

Lecture 12 The accounting Process

Lecture 13 Recording Business Transactions

Lecture 14 Accruals

Lecture 15 Valuation Adjustments and Accounting Systems

Section 3: Study Session 7: Reading 24 Financial Reporting Standards

Lecture 16 ASB IASB FASB Introduction

Lecture 17 Attributes of ASB

Lecture 18 Regulatory Authorities

Lecture 19 IFRS Framework

Lecture 20 Measurement of Financial statement elements

Lecture 21 Convergence

Section 4: Study Session 8: Reading 25 Understanding Income Statements

Lecture 22 An Introduction to Income Statements

Lecture 23 Revenue Recognition part 1

Lecture 24 Revenue Recognition Part 2

Lecture 25 Revenue Recognition_implications for Financial Analysis

Lecture 26 Expense Recognition

Lecture 27 Non recurring and Non operating items in Income Statement

Lecture 28 EPS

Lecture 29 Analysis of Income Statement

Lecture 30 Comprehensive Income

Section 5: Study Session 8: Reading 26 Understanding Balance Sheet

Lecture 31 Introduction to Balance Sheet

Lecture 32 Balance Sheet Classifications

Lecture 33 Inventories

Lecture 34 Current Liabilities

Lecture 35 Long Lived Assets

Lecture 36 Financial Assets

Lecture 37 Long term Liabilities and Owners Equity

Lecture 38 Analysis of Balancesheet

Section 6: Study Session 8: Reading 27 Cash Flow Statements

Lecture 39 Introduction to CFS

Lecture 40 IFRS vs US GAAP treatment

Lecture 41 Direct and Indirect Methods

Lecture 42 Cash Flow statement Analysis

Section 7: Study Session 8: Reading 28 Financial Analysis Techniques

Lecture 43 An Introduction to Financial Analysis Techniques

Lecture 44 Ratio Analysis

Lecture 45 Common Size Analysis and other techniques

Lecture 46 Common Ratios _ Activity and Liquidity

Lecture 47 Common Ratios_Solvency, Profitability

Lecture 48 DuPont Analysis

Lecture 49 Valuation ratios

Lecture 50 Credit Analysis

Lecture 51 Business and Geographic Segments

Section 8: Study Session 9: Reading 29 Inventories

Lecture 52 Introduction to Inventories

Lecture 53 Inventory Valuation Methods

Lecture 54 Comparison of various cost flow methods

Lecture 55 Inventory Valuation and Ratios

Section 9: Study Session 9: Reading 30 Long Lived Assets

Lecture 56 Introduction to Long Lived Assets

Lecture 57 Impact on Financial Ratios

Lecture 58 Depreciation

Lecture 59 Impairment

Lecture 60 Revaluation

Section 10: Study Session 9: Reading 31 Income Taxes

Lecture 61 Introduction to Income Taxes

Lecture 62 More on Income Taxes

Section 11: Study Session 9: Reading 32 Long Term Liabilities

Lecture 63 Long term Liabilities_Bonds

Lecture 64 De-recognition of Debt

Lecture 65 Leases

Lecture 66 Post retirement benefits

Section 12: Study Session 10: Reading 33 Financial Reporting Quality

Lecture 67 Financial Reporting Quality

Lecture 68 Red Flags

Lecture 69 Accounting warning signs

Section 13: Study Session 10: reading 34 ACCOUNTING SHENANIGANS ON THE CASH FLOW STATEMENT

Lecture 70 Cash Flow warning signs

Section 14: Study Session 10: Reading 35 Financial Statement Analysis_Application

Lecture 71 Evaluating past performance and Projecting future performance

Lecture 72 Assessing Credit Risk

Lecture 73 Analyst Adjustments

Section 15: Testing Section

Lecture 74 Bonus Lecture: Coupon codes and Access to free courses

Everyone should take this course because an understanding of accounts is the basis of the financial arena,Students wanting to enroll for an accounting course in college will definitely benefit from the knowledge gained through this course,Anyone starting their own business will be at an advantage knowing what is discussed in this course,This course is specially useful for the students who face a challenge in Accounts,CFA L1 students without a background in Accounting will surely benefit by taking this course