Page 16 - FINAL CFA SLIDES DECEMBER 2018 DAY 7
P. 16
Session Unit 6:
22. Financial Reporting Mechanics, p.12
LOS 22g: Describe the flow of information in an accounting, p.17
LOS 22.h: Describe the use of the results of the
accounting process in security analysis, p. 17
Much of AFS detail is in footnotes; analyst
needs to understand this process and the
related accruals, adjustments and
management assumptions to
detect AFS items that may be
out of line
