Final Review Guide for Level I CFA Exam
Wiley 11th Hour Guide for 2015 Level 1 CFA Exam compacts all sixty readings tested on the 2015 CFA exam into one portable volume. Organized in order from Reading #1 to #60, this best–selling guide has helped thousands of candidates from over one–hundred countries pass the CFA exam. Designed to boil it all down to the crucial concepts, formulas and rules, this guide ensures candidates are familiar with the most important testable information. It's difficult to go over multiple books in the last few weeks before the exam, so Wiley 11th Hour Guide does the work for you condensing each reading down to two– to five pages. Enter the exam room with confidence and reinforce your knowledge and preparation! This comprehensive guide complements Wiley's CFA Study Guides sold separately but may be used with any review course. An effective, efficient study guide, this book prepares you to reach the next level in your career.
The CFA exam program is highly regarded, and earning the designation of CFA requires you to pass three different examinations. The core concepts of the Level 1 exam are foundational ideas that you must master before moving onto the next exam and this guide can help you do so.
- Review essential concepts and formulas of the CFA exam
- Access a large amount of information in a condensed, efficient format
- Reinforce your understanding of key ideas with supplemental notes and tips from trusted instructors
- Optimize your study time with an effective resource that addresses CFA candidate needs
Wiley 11th Hour Guide for 2015 Level 1 CFA Exam offers an exam preparation course that sees you through the final stages of your studies.
Wiley 11th Hour Guide for 2015 Level 1 CFA Exam compacts all sixty readings tested on the 2015 CFA exam into one portable volume. Organized in order from Reading #1 to #60, this best–selling guide has helped thousands of candidates from over one–hundred countries pass the CFA exam. Designed to boil it all down to the crucial concepts, formulas and rules, this guide ensures candidates are familiar with the most important testable information. It's difficult to go over multiple books in the last few weeks before the exam, so Wiley 11th Hour Guide does the work for you condensing each reading down to two– to five pages. Enter the exam room with confidence and reinforce your knowledge and preparation! This comprehensive guide complements Wiley's CFA Study Guides sold separately but may be used with any review course. An effective, efficient study guide, this book prepares you to reach the next level in your career.
The CFA exam program is highly regarded, and earning the designation of CFA requires you to pass three different examinations. The core concepts of the Level 1 exam are foundational ideas that you must master before moving onto the next exam and this guide can help you do so.
- Review essential concepts and formulas of the CFA exam
- Access a large amount of information in a condensed, efficient format
- Reinforce your understanding of key ideas with supplemental notes and tips from trusted instructors
- Optimize your study time with an effective resource that addresses CFA candidate needs
Wiley 11th Hour Guide for 2015 Level 1 CFA Exam offers an exam preparation course that sees you through the final stages of your studies.
Table of Contents
Foreword VIIEthics
Study Session 1: Ethical and Professional Standards 1
Quantitative Methods
Study Session 2: Quantitative Methods Basic Concepts 11
Study Session 3: Quantitative Methods Application 33
Economics
Study Session 4: Economics Microeconomic Analysis 65
Study Session 5: Economics Macroeconomic Analysis 95
Study Session 6: Economics in a Global Context 131
Financial Reporting and Analysis
Study Session 7: Financial Reporting and Analysis: An Introduction 155
Study Session 8: Income Statements, Balance Sheets, and Cash Flow Statements 169
Study Session 9: Inventories, Long–Lived Assets, Income Taxes, and Non–Current Liabilities 195
Study Session 10: Financial Reporting Quality and Financial Statement Analysis 231
Corporate Finance
Study Session 11: Corporate Finance 245
Portfolio Management
Study Session 12: Portfolio Management 275
Equity
Study Session 13: Market Organization, Market Indices, and Market Efficiency 303
Study Session 14: Equity Analysis and Evaluation 331
Fixed Income
Study Session 15: Fixed Income Basic Concepts 355
Study Session 16: Fixed Income Analysis of Risk 391
Derivatives
Study Session 17: Derivatives 411
Alternative Investments
Study Session 18: Alternative Investments 431
Authors
PouyaValizadeh