Title CFA 2025 Level I - SchweserNotes Book 2.pdf ✅

Book 2: Financial Statement Analysis and Equity Investments SchweserNotesTM 2025 Level I CFA ®
SCHWESERNOTESTM 2025 LEVEL I CFA® BOOK 2: FINANCIAL STATEMENT ANALYSIS AND EQUITY INVESTMENTS ©2024 Kaplan, Inc. All rights reserved. Published in 2024 by Kaplan, Inc. ISBN: 978-1-0788-4562-5 These materials may not be copied without written permission from the author. The unauthorized duplication of these notes is a violation of global copyright laws and the CFA Institute Code of Ethics. Your assistance in pursuing potential violators of this law is greatly appreciated. Required CFA Institute Disclaimer: “Kaplan Schweser is a CFA Institute Prep Provider. Only CFA Institute Prep Providers are permitted to make use of CFA Institute copyrighted materials which are the building blocks of the exam. We are also required to create/use updated materials every year and this is validated by CFA Institute. Our products and services substantially cover the relevant curriculum and exam and this is validated by CFA Institute. In our advertising, any statement about the numbers of questions in our products and services relates to unique, original, proprietary questions. CFA Institute Prep Providers are forbidden from including CFA Institute official mock exam questions or any questions other than the end of reading questions within their products and services. CFA Institute does not endorse, promote, review or warrant the accuracy or quality of the product and services offered by Kaplan Schweser. CFA Institute®, CFA® and “Chartered Financial Analyst®” are trademarks owned by CFA Institute.” Certain materials contained within this text are the copyrighted property of CFA Institute. The following is the copyright disclosure for these materials: “© Copyright CFA Institute”. Disclaimer: The Schweser study tools should be used in conjunction with the original readings as set forth by CFA Institute. The information contained in these study tools covers topics contained in the readings referenced by CFA Institute and is believed to be accurate. However, their accuracy cannot be guaranteed nor is any warranty conveyed as to your ultimate exam success. The authors of the referenced readings have not endorsed or sponsored these study tools.
CONTENTS Learning Outcome Statements (LOS) FINANCIAL STATEMENT ANALYSIS READING 27 Introduction to Financial Statement Analysis Module 27.1: Financial Statement Roles Key Concepts Answer Key for Module Quizzes READING 28 Analyzing Income Statements Module 28.1: Revenue Recognition Module 28.2: Expense Recognition Module 28.3: Nonrecurring Items Module 28.4: Earnings Per Share Module 28.5: Ratios and Common-Size Income Statements Key Concepts Answer Key for Module Quizzes READING 29 Analyzing Balance Sheets Module 29.1: Intangible Assets and Marketable Securities Module 29.2: Common-Size Balance Sheets Key Concepts Answer Key for Module Quizzes READING 30 Analyzing Statements of Cash Flows I Module 30.1: Cash Flow Introduction and Direct Method CFO Module 30.2: Indirect Method CFO Module 30.3: Investing and Financing Cash Flows and IFRS/U.S. GAAP Differences Key Concepts Answer Key for Module Quizzes READING 31 Analyzing Statements of Cash Flows II Module 31.1: Analyzing Statements of Cash Flows II