CFA Level 1: Financial Statement Analysis

Develop the analytical framework professional analysts use to evaluate a corporation's financial health, detect earnings manipulation, and build the adjusted financial data that drives equity valuation and credit analysis. This course covers the complete CFA Level 1 FSA curriculum — from the mechanics of IFRS and US GAAP reporting frameworks through cash flow dynamics, balance sheet deep-dives (inventory, long-lived assets, taxes, and leases), quantitative ratio diagnostics, and forensic evaluation of reporting quality. Colgate-Palmolive and Church & Dwight serve as the dual anchor companies, enabling direct peer comparison throughout all five chapters. Aligned to the 11–14% FSA exam weight.

  • Level: intermediate
  • Duration: 5 weeks
  • 8 sections
  • Price: $20

Topics: financial statement analysis, IFRS vs US GAAP, income statement, balance sheet, statement of cash flows, revenue recognition, accrual accounting, indirect method, FCFF, FCFE, LIFO reserve, deferred tax, depreciation, asset impairment, operating lease, finance lease, activity ratios, liquidity ratios, solvency ratios, profitability ratios, DuPont decomposition, ROE, earnings quality, forensic accounting, CFA Level 1

What's inside

  1. Financial Statement Analysis (FSA) — CFA Level 1
  2. Chapter 1: The Reporting Framework & Core Financial Statements
  3. Chapter 2: Cash Flow Dynamics & Core Reconciliations
  4. Chapter 3: Asset & Liability Specifics — Inventory, Long-Lived Assets, and Taxes
  5. Chapter 4: Ratio Diagnostics & The DuPont Decomposition
  6. Chapter 5: Quality of Financial Reporting & Forensic Evaluation
  7. Chapter 6: Introduction to Financial Statement Modeling
  8. Chapter 7: Mock Exam — CFA Level I Financial Statement Analysis

Read a free sample chapter