Introduction to Financial Statement Analysis (2024/2025 CFA® Level I Exam – FSA – Learning Module 1)

Опубликовано: 18 Март 2026
на канале: AnalystPrep
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Master the Introduction to Financial Statement Analysis for CFA® Level I (FSA – Learning Module 1). In this lesson, Jim shows how analysts use financial statements that are accurate, transparent, and useful to spot under/overvalued securities. You’ll learn the analysis process, key roles of FSA, ratio categories (profitability, liquidity, solvency, efficiency), trend & peer comparisons, free cash flow, GAAP vs IFRS differences, regulatory filings (10-K/20-F), notes & MD&A, and audit opinions.

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Topic 5 – Financial Statements Analysis
Learning Module 1 – Introduction to Financial Statement Analysis
LOS : Describe the steps in the financial statement analysis framework.
LOS : Describe the roles of financial statement analysis.
LOS : Describe the importance of regulatory filings, financial statement notes and supplementary information, management’s commentary, and audit reports.
LOS : Describe implications for financial analysis of alternative financial reporting systems and the importance of monitoring developments in financial reporting standards.
LOS : Describe information sources that analysts use in financial statement analysis besides annual and interim financial reports.

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