Course Overview
1h 25m | 13 Videos | 80902 Views | 
All Levels| English[Auto-generated] About Free Online CFA Training Course
CFA Program is a professional credential which is offered by the CFA Institute (formerly AIMR) to investment and financial professionals. It is considered to be the most respected and recognized investment credential in the world. It particularly focuses on the investment analysis and portfolio management skills.
This online program is designed by keeping finance as well as non-finance people in mind.
The CFA degree is not a legal obligation in order to work as a financial analyst but it is a good way to crack some of the most important finance jobs. The CFA Program structure has three different levels CFA Level I, CFA Level II and CFA Level III. Talking about the exam window Level I exam is available in the month of June and December each year. Level II and III exams are available in the month of June each year.
The exams consist of the sections such as the ethical and professional standards, quantitative methods, economics, financial reporting and analysis, corporate finance, equity investments, fixed income, derivatives, alternative investments. The CFA Program syllabus puts higher weights on the current real-world skills necessary in the global investment management profession.
The pass percentage of the CFA exam is less than 45-50% on an average for all three parts and in case of you not passing the second or third exam you will have to wait for a year to attempt it again.
This Free Online CFA Training Course focuses on providing hands on practical understanding about the accounting concepts which would form the basis of CFA level 1. Students in this program gain technical and deep accounting skills which are necessary for the CFA program. This training course is a finest way to gain thoughtful understanding of latest issues in accounting. The purpose of this package is to make a novice start learning Accounting from scrape.
Why undertake Free Online CFA Training Course?
The most distinguishing feature about the edu CBA’s CFA® program is its faculty, own study material, finest quality, and practicality towards teaching. This Free Online CFA Training Course is a step-by-step program with videos intended to suit engineers, commerce graduates, MBAs as well as working professionals.Each module has key concept discussions, lecture notes, practice questions and exam specific advices and tricks.
This training of CFA Level I preparatory guide includes the most significant part of CFA Level I Exam which is the “Financial Reporting and Analysis”, popularly known as Accounting section of CFA. This module has a weight-age of around 20% in the CFA Level 1 Exam. Go for this Free Online CFA Training Course on Accounting Module now and learn CFA Level I study strategy and material. Try for yourself, get the best understanding of the accounting concepts and excel in your CFA exam.
Free Online CFA Training Course Curriculum
Section 1: Introduction to Accounting
• Introduction to Accounting– Through this video we are going to learn about the concept of accounting and its meaning, the purpose of preparing financial statements and understanding the concept of business cycle using an example.
• Explaining and Business Cycle– In this video we are going to understand what is business cycle and understand how do we earn money using the case study of Fast Track Inc. Second we would see in what ways can Kartik (Proprietor of the business) use the profit and the accounting terms associated with it and finally the reason for using financial statements.
• Accounting for Income Statement– Through this tutorial on understanding the accounting for income statement using the Kartik case study we will learn about the meaning of income statement and various jargons/terms associated with income statement. Next we will see when revenue is recognized and its accounting effect consequently. Similarly we would see when expense is recognized, when Interest expense is recognized and its accounting effect. Lastly we would learn how to prepare the consolidated income statement.
• Accounting for Balance sheet– In this video we are going to understand the meaning of balance sheet and terms associated with balance sheet. Further we would learn about the concept of debit and credit, how to give the effect and various standard associated with Cash & common stock, purchase of vehicle and a very important concept which is of depreciation. Next we will learn about how to give the effect and also various standards associated with prepaid expenses, raising debt, inventories and unearned revenue. Finally we also look at how to consolidate the Balance sheet, what is the missing link to complete the Balance sheet and what are the crucial topics one should know about balance sheet.
• Accounting for Cash Flows– Through this tutorial we will understand the meaning of cash flow statement, various terms related to the same, how to prepare cash flow statement and understand how to link the missing balance of balance sheet from cash flow statement.
Section 2: Understanding the Income statement
This section will cover the following video tutorials;
• Financial Statements Fiscal Year vs Calendar Year– This tutorial will help you learn about the difference between financial year and fiscal year, the motives for a company to choose a different year from a Calendar year. Also we will consider few examples of countries and companies following calendar year and fiscal year individually.
• Income Statement Format– Through this video we are going to learn about the format of the income statement, learn about the various individual line up items and understand the difference between gross sales and net sales, concepts of Cost of Goods Sold (COGS), Gross Profit, Selling, General and administrative cost, EBITDA, depreciation and amortization, EBIT, Interest income, interest expense, EBT, Taxes and PAT.
• Calculating Profit Margins– In this video tutorial we are going to calculate the various profit margins and learn the importance of Gross Profit, EBITDA, EBIT and PAT.
• Non Recurring Items– Through this tutorial we are going to learn about the procedure of including the non-recurring items in the income statement. Next we would discuss about the concepts such as unusual or infrequent items, discontinued operations and extraordinary items.
• Changes in Accounting Estimates– In this video we are going to discuss about meaning of accounting estimates and the accounting of changes in the accounting estimates and Principles.
• Final Remarks– Here we summarize the concepts that we learnt in this section and few more points to ponder w.r.t concepts such as discontinued operations, changes in the accounting principles and changes in the accounting estimates.
Pre-requisites
- No requirements to do this course in general
- A computer with internet connection
- The candidate should be a graduate or in Final Year of graduation to pursue CFA Level I Exam
Target Audience
- CFA aspirants
- Anyone appearing for CFA Level I Exam
- Interested students/professionals in the area of finance.
| Where do our learners come from? |
| Professionals from around the world have benefited from eduCBA’s Free Online CFA Training courses. Some of the top places that our learners come from include New York, Dubai, San Francisco, Bay Area, New Jersey, Houston, Seattle, Toronto, London, Berlin, UAE, Chicago, UK, Hong Kong, Singapore, Australia, New Zealand, India, Bangalore, New Delhi, Mumbai, Pune, Kolkata, Hyderabad and Gurgaon among many. |
