CFA Level II Financial Reporting and Analysis

CFA exam candidates often struggle with the Financial Reporting and Analysis material. It is a key part of the curriculum forming the foundation for many CFA exam topics.

This course cracks the exam code by showing you how to:

  • Account for intercorporate investments using the equity method.

  • Account for intercorporate investments as business combinations.

  • Account for upstream and downstream transactions.

  • Account for pensions and share based compensation.

  • Easily understand the accounting for multinational operations.

  • Differentiate between the current rate method and temporal method.

  • Interpret the CAMELS approach for analysis of financial institutions.

  • Identify aggressive and conservative accounting choices.

The Exam Success Difference

  • 20+ years of CFA exam prep experience
  • CFA Institute approved prep provider
  • Engaging, motivating and inspirational educator
  • Straight to the point - exam focused approach
  • Remove your pain points - avoid study traps

CFA Level II Financial Reporting & Analysis
Course Content

There are 10 sections included in this course:

  • 2

    CFA Study Materials

    • Prof. Gordon's Welcome Message

    • Level II Financial Reporting and Analysis Welcome

    • Study Notes - Study Session 4

    • Study Notes - Study Session 5

  • 3

    Intercorporate Investments Part 1 - Financial Assets

    • Financial Reporting and Analysis Introduction

    • Intercorporate Investments Intro

    • Intercorporate Investments Lesson Part 1

  • 4

    Intercorporate Investments Part 2 - Equity Method, Upstream and Downstream Transactions and Business Combinations

    • Intercorporate Investments Intro 2

    • Intercorporate Investments Lesson Part 2

    • Quick Teaching Video Clips Introduction

    • Equity Method Base Case

    • Equity Method Purchase in Excess of BV

    • Equity Method Purchase in Excess of BV Calculation

    • Downstream Transaction

    • Equity Method Goodwill

    • Equity Method Goodwill Calculation

    • Goodwill Impairment IFRS

    • Goodwill Impairment GAAP

  • 5

    Multinational Operations - Current Rate Method and Temporal Method

    • Multinational Operations Intro

    • Multinational Operations Lesson

  • 6

    Analysis of Financial Institutions - CAMELS Approach for Banks and Ratios for Insurance Companies

    • Analysis of Financial Institutions Intro

    • Analysis of Financial Institutions Lesson

  • 7

    Evaluating Quality of Financial Reports

    • Evaluating Quality of Financial Reports Intro

    • Evaluating Quality of Financial Reports Lesson

  • 8

    Integration of Financial Statement Analysis Techniques

    • Integration of Financial Statement Analysis Techniques Intro

    • Integration of Financial Statement Techniques Lesson

    • Quick Teaching Video Clips Intro

    • ROE 3 Stage

    • ROE 5 Stage

    • Leases Adjstments Balance Sheet

    • Lease Adjustments Income Statement

  • 9

    Practice Questions

    • Practice Questions Intro

    • Employee Compensation Quiz

    • Multinational Operations Quiz

    • Reporting Quality and FSA Quiz

by Frederic B.

"...the way you explained the CFA Level 2 pension accounting material was much clearer than the way it was laid out in the CFA curriculum...no more confusion about total periodic pension cost vs. periodic pension cost..."

Teaching what you need to know to pass!