Stalla has a whole section dedicated on reviewing last yr’s FSA, which is def a good idea. What worries me is that Olinto is saying we are going to have to know how to take a sales type lease and compute the PV and all that good stuff and figure out how it gets allocated on the BS and IS. I don’t really have any problem with that but why would they ask that on this test when it’s not in the level 2 CFA books? That should’ve been a Level 1 question. The info is def cumulative but to have specific questions on material like that without even mentioning it in the Level 2 books seems a lil wrong.
that stuff is part of SS7.
I haven’t read the second reading yet in FSA 3. Is it in there? I know they mention putting operating leases back on the books in the first section of FSA 3
All of L1-FSA Book == Reading 27 - Analysis of Financial Statements - A Synthesis.
okay that makes sense then. I have to read that section tonight. Thanks guys
Anyway, Posada hit a HR in his first a bat back from surgery and got another RBI in his next at bat. Even tho it’s spring training, I’m excited. Go Yanks!
JP, How do you know its February? Because A-rod hit a home run yesterday.
lol that is true. Guy grounded into a double play 2day and it’s not even the playoffs yet!