If its cash settlement, the answer is easy. When consolidating ballance sheet, the intercorp transaction will be deducted from total asset. What if company A purchase 75% of company B issuing new shares, will total asset after consolidation still be deducted by the market value of the shares? Will total equity after consolidation differrent when using differrent purchase method? Continue reading
What are discretionary and nondiscretionary accounts? (Ethics part) Continue reading
I am kinda confused about this.
So Current account suplus means export-import>0, I am sure with this.
Financial account suplus means “country A foreign investment < other country invest in country A”? Is that correct? Continue reading
Is this an effective method for you guys to learn from your mistakes or is it a time waster? Continue reading
Question 52 CFA mock afternoon session - it tells us growth in 2013 and 2014 but we don’t need compute the 2013 growth? Can anyone explain it besides they are competently trying to trick us? Continue reading
Assuming I only have the time to do ONE of the two, which one might be more effective for th exam?
Alternatively, I can also do both at the expense of redoing CFAI EOCs (which I originally planned.)
So the question is, pick 2 of the 3 items.. what would be the most effective use of time?
1) Redo 2012 and 2013 CFAI mocks
2) Do 2 more new Schweser mocks
3) Redo CFAI text EOCs. Continue reading
Anyone know if the 2013 schweser mock exams are the same as the 2012 schweser mocks. If not, are the 2012 exams worth looking for? Continue reading
Does this represent low earnings quality? In the CFA mock it inferred that but I don’t understand why.
Any help?
thanks Continue reading
Just can’t seem to get it. Should be somewhere to pick up a decent amount of marks. Did the mock exam yesterday and got 7/12. Have done all the CFA q’s and been getting 85%+.
Any tips on how to study for it? Continue reading
Exactly one week from right now…. it’s over. Continue reading