Wiley′s 11th Hour Final Review Guide for 2018 Level I CFA Exam compacts all sixty readings tested on the 2018 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′s 11th Hour Review 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 Eleventh Hour Review book is simply brilliant. Virtually every sentence it contains is testable it s an absolute must–have for every Level I candidate. – Ameer, UK
The eleventh hour guide was a great help. – Konrad, South Africa
"I used your eleventh hour guide and mock exams for the last bit of my studying and greatly enjoyed your material. Out of all of the exam prep material, I thought [yours] was the best." – Thomas, USA
"Thanks to the team for writing the most intelligent Chartered Financial Analyst material I have seen to date. The eleventh hour guide is absolute genius and proving very valuable at this stage of the revision process." – Doug, UK
Table of Contents
Foreword VII
Ethics
Study Session 1: Ethical and Professional Standards 1
Quantitative Methods
Study Session 2: Quantitative Methods Basic Concepts 13
Study Session 3: Quantitative Methods Application 35
Economics
Study Session 4: Economics Microeconomics and Macroeconomics 67
Study Session 5: Monetary and Fiscal Policy, International Trade, and Currency Exchange Rates 113
Financial Reporting and Analysis
Study Session 6: Financial Reporting and Analysis An Introduction 145
Study Session 7: Financial Reporting and Analysis Income Statements, Balance Sheets, and Cash Flow Statements 159
Study Session 8: Financial Reporting and Analysis Inventories, Long–Lived Assets, Income Taxes, and Non–Current Liabilities 187
Study Session 9: Financial Reporting and Analysis Financial Reporting Quality and Financial Statement Analysis 239
Corporate Finance
Study Session 10: Corporate Finance Corporate Governance, Capital Budgeting, and Cost of Capital 253
Study Session 11: Corporate Finance Leverage and Working Capital Management 271
Portfolio Management
Study Session 12: Portfolio Management 283
Equity
Study Session 13: Equity Market Organization, Market Indices, and Market Efficiency 317
Study Session 14: Equity Analysis and Valuation 345
Fixed Income
Study Session 15: Fixed Income Basic Concepts 369
Study Session 16: Fixed Income Analysis of Risk 407
Derivatives
Study Session 17: Derivatives 427
Alternative Investments
Study Session 18: Alternative Investments 443