Does the experience in a boutique firm (segment-electronics) count? . I work there as a research analyst . I usually do market research and then document it in Word and then with the help of team proper report is made . Then that report is sold to prospective clients which are looking for particular market (geographically).
Anyone testing for level 1 this coming June around the Baltimore MD area?
Finally one week to go ! Now I am getting excited and nervous to think of it. I thought I did well in the level I and started to prepare level II since last month. If next week the result is a pass, I will sign up for level 2 on June. I know time is too short but will a least have a try. How about you?
I’m from Coimbatore, Tamil nadu. I’m looking for a CFA study circle in this region. Anyone from coimbatore?
I know this sounds dumb, as many are you are AF wizards. For me, I didn’t know anyone who had taken the CFA in the last decade, and I honestly found out CFAI posted mocks 2 nights before the exam. I wrote the December exam with only 1/2 of a mock completed the night before the exam. This freaked me out, reading as how many of you have written so many mocks. I made ~75 on the half mock I completed. I felt pretty decent after the exam.
Anyone in the DFW area interested in meeting up for Level 1?
In Philippines, what is the approximated time that we’ll receive the CFA Level 1 Exam results?
Do the CPA books change from one year to the other ? Can I purchase the books without purchasing the exam?r
I would like to retake the exam ( failed level one in 2015) But would like to go through them fully. Hence my questions,
Why the reversal of inventory has to reduce COGS.
“In each subsequent period, a new assessment of net realisable value is made. Reversal (limited to the amount of the original write-down) is required for a subsequent increase in value of inventory previously written down. The reversal of any write-down of inventories is recognised as a reduction in cost of sales (reduction in the amount of inventories recognised as an expense).” CFA Curriculum book pg 426.
With reversal the Current asset should increase by that amount why COGS is reduced?. What am I missing?
I’m thinking in forming a group to study together or joining a current one„ if you are in Riyadh and interested or already in group, then contact me plz