Cfa Level 1 Financial Statement Analysis Crash Course

Understand CFA Level 1 FSA essentials with Clear Lessons, Real-World Examples, and Exam-Ready Tools

What you'll learn

Understand the structure and purpose of financial statements: income statement, balance sheet, and cash flow statement.

Interpret key financial ratios and analyze financial performance using CFA-approved techniques.

Apply financial statement adjustments for comparison, including revenue recognition and inventory accounting methods.

Evaluate a company’s financial health using vertical, horizontal, and ratio analysis techniques aligned with CFA exam standards.

Requirements

You should be a CFA Level 1 candidate or planning to enroll in the program.

The CFA Institute requires either a completed undergraduate degree or equivalent professional experience.

Basic numeracy and familiarity with accounting or financial reporting terms are helpful but not required.

A commitment to regular study and review is essential for mastering this section.

All recommended resources, study notes, and practice questions will be provided within the course.

Description

Struggling with Financial Statement Analysis for CFA Level 1? You’re definitely not alone—FSA is widely recognized as one of the most content-heavy, detail-oriented, and calculation-driven sections of the exam. This course breaks down key accounting principles and financial analysis techniques into clear, actionable lessons that help you study more effectively, retain essential information, and apply your knowledge with confidence on exam day.We’ll comprehensively cover all major topics outlined in the CFA curriculum, including the structure, purpose, and interpretation of the income statement, balance sheet, and cash flow statement. You’ll also learn how to evaluate financial performance using ratio analysis, common-size financial statements, trend analysis, and other key diagnostic tools. Additionally, we’ll explore critical accounting adjustments such as revenue recognition policies, inventory valuation methods, depreciation techniques, and financial statement restatements—frequent areas of examination.Every lesson is aligned with the CFA Institute’s Learning Outcome Statements (LOS) and enhanced with real-world examples, visual aids, downloadable study materials, and CFA-style practice questions.Whether you’re brand new to accounting or in need of a focused refresher, this course helps you build a rock-solid foundation in financial analysis—an essential skill set not only for passing the CFA exam but also for excelling in any finance-related career.Built for committed CFA candidates, this course provides structured focused guidance to significantly boost your FSA performance.

Overview

Section 1: Introduction to Financial Reporting

Lecture 1 Introduction to Financial Reporting

Section 2: Income Statements

Lecture 2 Income Statements

Section 3: Balance Sheets

Lecture 3 Balance Sheets

Section 4: Cash Flow Statements

Lecture 4 Cash Flow Statements

Section 5: Inventories

Lecture 5 Inventories

Section 6: Long-Lived Assets

Lecture 6 Long-Lived Assets

Section 7: Income Taxes

Lecture 7 Income Taxes

Section 8: Non-Current (Long-Term) Liabilities

Lecture 8 Non-Current (Long-Term) Liabilities

Section 9: Applications of Financial Statement Analysis

Lecture 9 Applications of Financial Statement Analysis

CFA Level 1 candidates who want to understand and retain key FSA essential concepts efficiently.,Finance students or professionals seeking a structured refresher in accounting and financial analysis.,Learners who prefer clear, example-driven explanations of accounting standards, ratios, and adjustments.,Anyone preparing for the CFA exam who finds Financial Statement Analysis challenging or time-consuming.