CFA Level 1: Financial Statement Analysis – Core Readings

About this course

Struggling with Financial Statement Analysis (FSA) for CFA Level 1? You’re not alone.FSA is one of the most detail-heavy and content-rich sections of the exam—and often one of the most overwhelming for candidates. This course breaks down essential accounting and analysis concepts into easy-to-follow lessons that focus on what you actually need to know to pass the exam.You will learn how to read, interpret, and analyze financial statements using the CFA curriculum’s core framework. Topics include the structure and purpose of income statements, balance sheets, and cash flow statements, as well as how to perform ratio analysis, trend analysis, and use common-size financial statements.We will also explore key accounting treatments such as revenue recognition, depreciation methods, inventory valuation (FIFO, LIFO), and financial statement restatements. Each concept is presented in the context of CFA Learning Outcome Statements (LOS) and supported by real-world examples, visual explanations, and CFA-style practice questions.This course is ideal for both first-time learners and those needing a comprehensive refresher. It emphasizes how to think like a financial analyst and apply your knowledge under exam conditions. You’ll build the skills needed not just to succeed on the exam—but also to confidently interpret financial statements in your career.With downloadable resources, this course provides you with the tools to master FSA and enhance your CFA preparation.