My background is a middle age man in the financial services industry (series 6,63) with a degree in engineering. I had a economic and probability class years ago in college but Im not remembering it being on this level. Also, I had zero accounting background. I am studying full time to prepare for the test. Continue reading
Hello everyone and thank you in advance,
I was wondering how the principal repayment of debt affects the 3 main financial statements (specifically regarding the income statement…that is, if it even does).
I am pretty sure that on the balance sheet, bonds payable will be reduced by the carrying amount at maturity and cash should as well decline (I think by the same amount). Regarding the cash flow statement, the payment is recorded as an outflow from financing.
But…is there anything that is recorded on the income statement? Is it an operating expense? Continue reading
80% of the CFA guys I know, recommend me to study from SCHWESER notes not CFAI for june 2015. But a famous teacher for CFA told to his students that now CFAI is very important and schweser notes would not be enough to prepare for CFA Level 1. I am not the type of guy who mostly reads books to learn my thing is practice. Infact I dont have a good habbit read much. Please help me in making a decision.
Schweser (level 1 june 2013)
Will schweser be enough ?
Whats that extra edge ill get if I study from CFAI books?
Thanks Continue reading
You now have less than two months left for the December 2014 Level I exam. Your stress level is probably rising because:
· the exam is approaching fast you and
· you have the feeling that are you are forgetting material that you’ve studied before
You should channel this stress by studying hard and studying smart. Here are some tips that might help you:
1. Take a few minutes to evaluate where you are and define a detailed schedule for the next 3 – 4 weeks. Continue reading
Sadly, my textbook does not explain (to my level of satisfaction) how to arrive to this. My accompanying excel worksheet only goes out 3 years. Any assistance is appreciated.
Hello, can anyone assist with this problem
ZZZ Inc stock is trading at 17.50
Company stock will be year-end dividend of 0.84
Expected capital gains yield is 3.60%
% Forecast of growth rate of earnings and dividends is ????
As I finish all the EOC questions in the CFAI books, I am noticing they are FAR LESS difficult than the questions in the Schweser books and the Schweser qbank.
Can anyone weigh in on which one is more indicative of the actual exam? Continue reading
I am very pleased to give you the Free Mind Maps for CFA Exam Level 1 Dec 2014. I hope that they can help you come closer to the goal of passing the CFA exams.