CFA Level I Exam Tips
- Exam questions referring to Financial Statement Analysis are based on International Financial Reporting Standards (IFRS), unless otherwise specified. When a question is based on U.S. GAAP, it will be stated in the question.
- Be comfortable with your calculator. Make sure you know how to use the calculator features needed to address the learning outcome statements (LOS).
- Answer all questions. There is no penalty for incorrect answers.
- Dress comfortably. There is no dress code, but dress in layers for comfort.
During the normal course of the exam, candidates may find they need assistance from proctors. Proctors will come to workstations as quickly as possible to assist. If able, we encourage candidates to continue working on their exam until a proctor has assisted. Our exam writers have designed the exam to account for minor disruptions or pauses in order for candidates to still have adequate time to respond to all questions.