时间:2014-09-30 11:58 作者:cfa 来源:cfa
2014 | 2015 |
Reading 33: Financial Reporting Quality: Red Flags and Accounting Warning Signs a. describe incentives that might induce a company’s management to overreport or underreport earnings; b. describe activities that will result in a low quality of earnings; c. describe the three conditions that are generally present when fraud occurs, including the risk factors related to these conditions; d. describe common accounting warning signs and methods for detecting each. |
Reading 33: Financial Reporting Quality a. distinguish between financial reporting quality and quality of reported results (including quality of earnings, cash flow, and balance sheet items); b. describe a spectrum for assessing financial reporting quality; c. distinguish between conservative and aggressive accounting; d. describe motivations that might cause management to issue financial reports that are not high quality; e. describe conditions that are conducive to issuing low-quality, or even fraudulent, financial reports; f. describe mechanisms that discipline financial reporting quality and the potential limitations of those mechanisms; g. describe presentation choices, including non-GAAP measures, that could be used to influence an analyst’s opinion; h. describe accounting methods (choices and estimates) that could be used to manage earnings, cash flow, and balance sheet items; i. describe accounting warning signs and methods for detecting manipulation of information in financial reports. |
2014 | 2015 |
l Study session 17 Derivatives l Reading 57: Derivative Markets and Instruments l Reading 58: Forward Markets and Contracts l Reading 59: Futures Markets and Contracts l Reading 60: Option Markets and Contracts l Reading 61: Swap Markets and Contracts l Reading 62: Risk Management Applications of Option Strategies |
l Study session 17 Derivatives l Reading 57: Derivative Markets and Instruments l Reading 58: Basics of Derivative Pricing and Valuation l Reading 59: Risk Management Applications of Option Strategies |
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