The Chartered Financial Analyst (CFA) Program is a professional credential offered by the CFA Institute to investment and financial professionals.
It covers a broad range of topics relating to investment management,financial analysis, stocks, bonds and derivatives, and provides a generalist knowledge of other areas of finance.
The CFA exams are widely considered to be extremely difficult, with pass rates usually below 50% for all three levels.
A candidate who successfully completes the program and meets other professional requirements is awarded the "CFA Сharter" and becomes a "CFA Сharterholder".
This core module serves as a solid foundation for understanding transactions in both a financing and M&A context. It provides you with essential financial statement analysis skills, in preparation for modeling, valuation and deal structuring.
In this course, we'll cover accounting fundamentals - including the 3 major financial statements, how to link them together, and common interview questions on accounting.
We'll start out by looking at companies financial statements and building a 3-statement model from the ground up, going through the Income Statement, Balance Sheet, and Cash Flow Statement, and then linking them together.
After we've created the basic model, we'll go through a set of common interview questions on accounting, including how changes to different line items affect the statements.