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L1 - JN - Financial Statement Analysis 2024 V1 - Compressed

The document is a comprehensive guide on Financial Statement Analysis, covering various aspects such as income statements, balance sheets, cash flow statements, and financial reporting quality. It includes detailed sections on analysis techniques, inventory, long-term assets, liabilities, and equity, as well as financial modeling. The content is structured to provide essential knowledge for understanding and analyzing financial statements effectively.

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0% found this document useful (0 votes)
72 views66 pages

L1 - JN - Financial Statement Analysis 2024 V1 - Compressed

The document is a comprehensive guide on Financial Statement Analysis, covering various aspects such as income statements, balance sheets, cash flow statements, and financial reporting quality. It includes detailed sections on analysis techniques, inventory, long-term assets, liabilities, and equity, as well as financial modeling. The content is structured to provide essential knowledge for understanding and analyzing financial statements effectively.

Uploaded by

freeusemail41
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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2024

Financial Statement Analysis


FinTree © 2024 FinTree Education Private Ltd

FinTree
Financial Statement Analysis
LM No. Name of Reading Page No.
1 Introduction to Financial Statement Analysis
2 Analyzing Income Statements
3 Analyzing Balance Sheets
4 Analyzing Statements of Cash Flows I
5 Analyzing Statements of Cash Flows II
6 Analysis of Inventories
7 Analysis of Long-Term Assets
8 Topics in Long-Term Liabilities and Equity
9 Analysis of Income Taxes
10 Financial Reporting Quality
11 Financial Analysis Techniques
12 Introduction to Financial Statement Modeling
FinTree © 2024 FinTree Education Private Ltd

Introduction to Financial Statement Analysis


FinTree Fruit 1 : Roles of Financial Reporting & Financial Statement Analysis

FinTree Fruit 2 :
FinTree
Types of Financial Statements

FinTree Fruit 3 : Notes and Management Commentary


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 4 : Auditor's Reports

FinTree
FinTree Fruit 5: Other Sources of Information

FinTree Fruit 6 : Financial Statement Analysis Framework


FinTree © 2024 FinTree Education Private Ltd

Introduction to Financial Statement Analysis


FinTree Fruit 1 : Presentation Format of Income Statement

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 2 : Accrual Accounting

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree Fruit 3 : Expense Recognition
FinTree © 2024 FinTree Education Private Ltd

FinTree

FinTree Fruit 4 : Non-Recurring Items


FinTree © 2024 FinTree Education Private Ltd

FinTree

FinTree Fruit 5 : Earnings per Share


FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree Fruit 6 : Common-Size Analysis of the Income Statement

FinTree Fruit 7: Income Statement Ratios

FinTree Fruit 8: Comprehensive Income


FinTree © 2024 FinTree Education Private Ltd

Analyzing Balance Sheets


FinTree Fruit 1 : Elements of balance sheet

FinTree
FinTree Fruit 2 : Uses & Limitations

FinTree Fruit 3 : Alternative formats of balance sheet presentation

FinTree Fruit 4 : Current & Noncurrent


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 5 : Different types of assets and liabilities

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 6 : Components of shareholders’ equity

FinTree
FinTree Fruit 7 : Common-size balance sheet

FinTree Fruit 8 : Ratios


FinTree © 2024 FinTree Education Private Ltd

Analyzing Statements of Cash Flows I


FinTree Fruit 1 : Reporting of non-cash investing and financing activities

FinTree Fruit 2 : Cash


FinTree
flow statement IFRS Vs. GAAP

Bank overdra�s Cash equivalents CFO / CFF

FinTree Fruit 3 : Direct and indirect method of presenting CFO

FinTree Fruit 4 : Relation of CF statement to IS and BS


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 5 : Computation of CFs using IS and BS

FinTree

FinTree Fruit 6 : Converting cash flow from the indirect method to direct method
FinTree © 2024 FinTree Education Private Ltd

Analyzing Statements of Cash Flows II


FinTree Fruit 1 : Evaluating Sources and Uses of Cash

FinTree

FinTree Fruit 2 : Common-Size Analysis

FinTree Fruit 3 : Free Cash Flow Measures


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 4 : Cash Flow Ratios

FinTree
FinTree © 2024 FinTree Education Private Ltd

Analysis of Inventories
FinTree Fruit 1 : Cost behavior

FinTree
FinTree Fruit 2 : Inventory Valuation

FinTree Fruit 3 : Perpetual vs Periodic


FinTree © 2024 FinTree Education Private Ltd

FinTree

FinTree Fruit 4 : Impact of inflation & deflation on financial statements


FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree Fruit 5 : LIFO reserve & Liquidation
FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 6 : Inventory measurement

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FinTree Fruit 7 : Impact on ROE & ROA

FinTree Fruit 8 : Inventory disclosures


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 9 : Issues faced

FinTree
FinTree Fruit 10 : Evaluation using inventory turnover

FinTree Fruit 11 : Analysis of companies that use different inventory methods


FinTree © 2024 FinTree Education Private Ltd

Analysis of Long-Term Assets


FinTree Fruit 1 : Capitalized vs Expensed costs

FinTree

FinTree Fruit 2 : Intangible assets


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 3 : Impact of capitalization on various ratios

FinTree

FinTree Fruit 4 : Depreciation methods


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 5 : Impact of depreciation related assumptions

FinTree
FinTree Fruit 6 : Amortization methods

FinTree Fruit 7 : Revaluation model


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 8 : Impairement of PPE and intangible assets

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 9 : Derecognition of PPE

FinTree
FinTree Fruit 10 : Impact & Ratios

FinTree Fruit 11 : Required disclosures


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 12 : Three useful calculations for analysts

FinTree
FinTree Fruit 13 : Investment PPE
FinTree © 2024 FinTree Education Private Ltd

Topics in Long-Term Liabilities and Equity


FinTree Fruit 1 : Recognition and measurement of bonds

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree

FinTree Fruit 2 : Derecognition of debt


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 3 : Debt Covenants

FinTree
FinTree Fruit 4 : Presentation and disclosures relating to debt

FinTree Fruit 5 : Motivations for leasing an assets


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 6 : Defined contribution vs Defined benefit pension plan

FinTree

FinTree Fruit 7 : Treatment of components of pension costs


FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree Fruit 8 : Leases impact on financial statements
FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 9 : Leverage ratios

FinTree
FinTree © 2024 FinTree Education Private Ltd

Analysis of Income Taxes


FinTree Fruit 1 : Differences between Accounting Profit and Taxable Income

FinTree
FinTree Fruit 2 : Deferred Tax Assets and Liabilities
FinTree © 2024 FinTree Education Private Ltd

FinTree

FinTree Fruit 3 : Impact of tax rate changes

FinTree Fruit 4 : Temporary vs Permanent difference


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 5 : Valuation allowance

FinTree Fruit 6 : Recognition


FinTree
and measurement of current and deferred tax items

FinTree Fruit 7 : Disclosures

FinTree Fruit 8 : Differences between IFRS and US GAAP


FinTree © 2024 FinTree Education Private Ltd

Financial Reporting Quality


FinTree Fruit 1 : Conceptual Overview

FinTree
FinTree Fruit 2 : Spectrum for assessing financial reporting quality

FinTree Fruit 3 : Aggressive vs Conservative accounting

FinTree Fruit 4 : Motivations


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 5 : Conditions Conducive to Issuing Low-Quality Financial Reports

FinTree
FinTree Fruit 6 : Mechanisms That Discipline Financial Reporting Quality

FinTree Fruit 7 : Presentation Choices

FinTree Fruit 8 : Accounting Choices


FinTree © 2024 FinTree Education Private Ltd

Financial Analysis Techniques


FinTree Fruit 1 : Analytical Tools and Techniques

FinTree

FinTree Fruit 2 : Financial Ratio Analysis


FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 3 : Evaluation of company using ratio analysis

FinTree
FinTree Fruit 4 : DuPont Analysis—The Decomposition of ROE

FinTree Fruit 5 : Industry-Specific Financial Ratios


FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 6: Segment reporting

FinTree Fruit 7 : Use


FinTree
of ratio analysis in modeling and forecasting earnings
FinTree © 2024 FinTree Education Private Ltd

Introduction to Financial Statement Modeling


FinTree Fruit 1 :

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FinTree © 2024 FinTree Education Private Ltd

FinTree
FinTree © 2024 FinTree Education Private Ltd

FinTree

FinTree Fruit 2 :
FinTree © 2024 FinTree Education Private Ltd

FinTree

FinTree Fruit 3 :
FinTree © 2024 FinTree Education Private Ltd

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FinTree Fruit 4 :
FinTree © 2024 FinTree Education Private Ltd

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FinTree Fruit 5 :
FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 6 :

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FinTree Fruit 7 :
FinTree © 2024 FinTree Education Private Ltd

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FinTree Fruit 8 :
FinTree © 2024 FinTree Education Private Ltd

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FinTree Fruit 9 :
FinTree © 2024 FinTree Education Private Ltd

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FinTree © 2024 FinTree Education Private Ltd

FinTree Fruit 10 :

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FinTree Fruit 11 :
FinTree © 2024 FinTree Education Private Ltd

FinTree
CFA® Level I JuiceNotes 2024
© 2024 FinTree Education Pvt. Ltd., All rights reserved.

Note: Juice notes will be kept updated on a monthly basis, so rest assured that you are using the latest
version available on our Learning Management System.

Disclaimer: CFA Institute does not endorse, promote, review, or warrant the accuracy or quality of
the products or services offered by FinTree Education Pvt. Ltd. CFA Institute, CFA®, and Chartered
Financial Analyst® are trademarks owned by CFA Institute.

For more information related to FinTree, kindly scan the QR code.

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