Flash cards are expedient; you can prepare your own or even use the digital ones provided through online channels. We prepared some flashcards to help you with some confusing CFA Level 1 concepts:
Material Nonpublic Information and the Mosaic Theory are crucial concepts in the CFA Level 1 exam.
Students often have trouble understand Probability concepts. However, once you understand them, they are easy to implement.
The differences between Perfect Competition and Monopoly are shown in this memo card. Be sure to remember how monopolistic companies maximize their profits.
Financial Reporting and Analysis
Here are some of the most crucial concepts from the FRA portion of the exam. Remember that this chapter will be 20% of your exam!
US GAAP vs IFRS Inventories
Finance Lease vs Operating Lease
Straight Line vs Accelerated Depreciation
FCFF vs FCFE
Degrees of leverage and how to calculate them
We strongly recommend you prepare your own flashcards for some revision right before exam time. If you would like to know I passed the CFA Level 1 exam on my first try, click here.
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