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- 2024 CFA Program Prerequisite Readings Volumes 1,2,3 (Set)
- Includes: Volume 1 Quantitative Methods, Volume 2 Economics, Financial Statement Analysis, Volume 3 Financial Statement Analysis
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Information:
The CFA® Program assumes basic knowledge of Economics, Quantitative Methods, and Financial Statements as presented in introductory university-level courses in Statistics, Economics, and Accounting. Level I CFA Program candidates who do not have a basic understanding of these concepts or would like to review these concepts can study from any of the three prerequisite reading volumes.
Volume 1 covers the basics of Quantitative Methods, including interest rates, present value, and future value; data visualization; probability and probability distribution; sampling and estimation; and hypothesis testing.
Volume 2 covers the basics of Economics, including demand and supply analysis; firm and market organization; aggregate output, prices, and economic growth; business cycles; monetary and fiscal policy; international trade and capital flows; and currency exchange rates.
Volume 3 covers the basics of Financial Statement Analysis, including financial reporting, income statements, balance sheets, cash flow statements, inventories, long-lived assets, income taxes, non-current liabilities, and applications of financial statement analysis.
Note: (The prerequisite readings are intended as introductory material and are not part of the official Level 1 curriculum.)
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