100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CHARTERED FINANCIAL ANALYST (CFA) CERTIFICATION EXAM 2024/2025 PREP QUESTIONS AND ANSWERS VERIFIED $18.49
Add to cart

Exam (elaborations)

CHARTERED FINANCIAL ANALYST (CFA) CERTIFICATION EXAM 2024/2025 PREP QUESTIONS AND ANSWERS VERIFIED

 8 views  0 purchase
  • Course
  • CFA - Chartered Financial Analyst
  • Institution
  • CFA - Chartered Financial Analyst

CHARTERED FINANCIAL ANALYST (CFA) CERTIFICATION EXAM 2024/2025 PREP QUESTIONS AND ANSWERS VERIFIED

Preview 4 out of 284  pages

  • October 22, 2024
  • 284
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CFA - Chartered Financial Analyst
  • CFA - Chartered Financial Analyst
avatar-seller
LUCYSTUDY
CHARTERED FINANCIAL ANALYST



CHARTERED FINANCIAL ANALYST (CFA)
CERTIFICATION EXAM 2024/2025 PREP
QUESTIONS AND ANSWERS VERIFIED

6 components of the Code of Ethics:

+Act with integrity, competence, diligence, respect and in an

ethical manner wit the public, clients, prospective clients,

employers, employees, colleagues, and all participants in global

markets



+Place integrity of profession and interest of clients above all else



+Use reasonable care and independent professional judgement

when conducting investment analysis, making investment

recommendations, taking investment action, and engaging in

professional activities



+Practice and encourage others to practice in a professional and

ethical manner that will reflect credit on themselves and the

profession



+Promote the integrity, and uphold the rules of, the capital markets

,CHARTERED FINANCIAL ANALYST


+Maintain and improve




7 Standards of Professional

Conduct:

+Professionalism

+Integrity of Capital Markets

+Duties to Clients

+Duties to Employers

+Investment Analysis, Recommendation

and Action

+Conflicts of Interest

+Responsibilities of a CFA

Member/Candidate




A change in accounting

estimates...

Is a change due to new

information and does not require

old statements to reflect it

,CHARTERED FINANCIAL ANALYST


A change in accounting

principles...

Requires restatement of prior

financial statements




A Priori Probability

Comes from a formal reasoning

and inspection process; an

objective probability




Absolute Yield Spread

The difference between yields on two

bonds;

= Higher Bond Yield - Lower Bond

Yield;

Most commonly used;

Shortcoming is it may always remain

constant even as yield rise or fall




Accelerated Depreciation

, CHARTERED FINANCIAL ANALYST


Applies depreciation more at the

beginning of an assets life




Accelerated Sinking Fund

Allows the issuer the choice ofretiring more than the amount of

bonds specified in the sinking fund

requirement




Accounting Information Flow

1. Journal record every transaction by order of date

in the general journal

2. The general ledger sorts the entries in the

general journal by account

3. An initial trade balance is prepared at the end of

the period to show the balance of each account

and adjustments are then made

4. Financial statements are made from the

adjusted trial balances




Accounting Warning Signs

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller LUCYSTUDY. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $18.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53920 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$18.49
  • (0)
Add to cart
Added