***The official FSA synthesis thread****

CFA Level II
#41

yep exact same question… this is the only place I have seen it too.

#42

Is this a reading that should be done with CFAI books? I don’t think Schweser covered all of those items…

#43

thanks ruckmani that makes sense. but i’ve got one questions to ask: DTA is it’s not like to reverse, increase valuation allowance, and thus increase leverage(D/E), is valuation a liability item?

#44

*BUMP*

#45

thanks for the bump man also, dont we neet to adjust somthin on the IS for Lifo Reserve?>