{"id":11170,"date":"2021-02-15T12:25:10","date_gmt":"2021-02-15T12:25:10","guid":{"rendered":"https:\/\/analystprep.com\/study-notes\/?p=11170"},"modified":"2026-07-09T17:59:49","modified_gmt":"2026-07-09T17:59:49","slug":"evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios","status":"publish","type":"post","link":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/","title":{"rendered":"Evaluating the Effects of Change in Accounting Standards, Methods or Assumptions on the Financial Statements and Ratios"},"content":{"rendered":"<script type=\"application\/ld+json\">\r\n{\r\n  \"@context\": \"https:\/\/schema.org\",\r\n  \"@type\": \"QAPage\",\r\n  \"mainEntity\": {\r\n    \"@type\": \"Question\",\r\n    \"name\": \"If new accounting rules require all leases to be capitalized, by how much would ABC Ltd.\u2019s assets most likely increase?\",\r\n    \"text\": \"New accounting rules that require all leases to be capitalized on a company\u2019s balance sheet are anticipated over the next few years. An analyst believes that ABC Ltd. will be among the entities most affected by the change. Selected financial data for ABC Ltd. includes revenue of $7,945 million, EBIT of $518 million, interest expense of $41 million, income tax of $163 million, net income of $262 million, and average total assets of $3,151 million. After examining the company\u2019s lease disclosures, the analyst estimates that its average lease term is 10 years with a reasonably consistent lease obligation of $2,000 over that term. He believes that leases should be capitalized at a rate of 6% per annum. If the accounting rules were to change, ABC Ltd.\u2019s assets would most likely increase by: A. $7,360. B. $14,720. C. $18,613.\",\r\n    \"answerCount\": 1,\r\n    \"acceptedAnswer\": {\r\n      \"@type\": \"Answer\",\r\n      \"text\": \"The correct answer is B. ABC Ltd.\u2019s assets would most likely increase by $14,720. The capitalized value of the leases is estimated as the present value of the operating lease obligations. The company has annual lease obligations of $2,000 for 10 years, discounted at 6%. The present value is calculated as $2,000 \u00d7 [1 - (1.06)^-10] \/ 0.06 = $14,720. Therefore, if the leases were capitalized, ABC Ltd.\u2019s assets would increase by approximately $14,720.\"\r\n    }\r\n  }\r\n}\r\n<\/script>\r\n<p><iframe loading=\"lazy\" src=\"\/\/www.youtube.com\/embed\/CaqpEECvaXw\" width=\"611\" height=\"343\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\r\n\r\n<p>Users of financial statements must be cognizant of proposed changes in accounting standards because of the impact they have on financial statements and a firm\u2019s valuation. We anticipate significant changes in the accounting standards over the next few years as the US GAAP and IFRS converge. One striking difference between the two accounting standards is that US GAAP is rules-based, while IFRS is principles-based. Converging the two may pose significant challenges in consolidation, the income statement, inventory, the earnings-per-share (EPS) calculation, and development costs.<\/p>\r\n<div style=\"margin: 18px 0;\"><a style=\"display: block; text-align: center; padding: 14px 18px; border: 2px solid #2F5BFF; border-radius: 18px; color: #ffffff ; font-weight: 600; font-size: 16px; text-decoration: none; background-color: #1a73e8 ;\" href=\"https:\/\/analystprep.com\/free-trial\/\" target=\"_blank\" rel=\"noopener noreferrer\">Master CFA Level 2 accounting change analysis with AnalystPrep\u2019s Free Trial. <\/a><\/div>\r\n<p>The Financial Accounting Standards Board (FASB) has obliterated the treatment of the operating lease in financial statements in the United States. Firms are typically required to capitalize leases. The implication is that the lessee must recognize both depreciation expense and interest expense on the lease. In other words, the lessee must post the lease obligation as an asset on the balance sheet. Recall from the previous section that capitalizing leases significantly increase the reported leverage.<\/p>\r\n<p>Furthermore, capitalization of the lease impacts the firm\u2019s compliance with its bond covenants based on financial leverage computed in line with the US GAAP. To avoid the increase in leverage from lease capitalization, the firm may raise additional equity, which would dilute existing shareholder\u2019s ownership interests.<\/p>\r\n<blockquote>\r\n<h2>Question<\/h2>\r\n<p>New accounting rules that require all leases to be capitalized on a company\u2019s balance sheet are anticipated over the next few years. An analyst believes that ABC Ltd. will be among the entities most affected by the change. He gathers financial information from the company\u2019s most recent annual financial statements, as shown in the following exhibit.<\/p>\r\n<p>$$ \\textbf{Selected Financial Data for ABC Ltd. (US\\$ Millions)} $$<\/p>\r\n<p>$$\\small{\\begin{array}{l|r} \\text{Revenue} &amp; 7,945\\\\ \\hline\\text{EBIT} &amp; 518\\\\ \\hline\\text{Interest expense} &amp; 41\\\\ \\hline\\text{Income tax} &amp; 163\\\\ \\hline\\text{Net income} &amp; 262\\\\ \\hline\\text{Average total assets} &amp; 3,151\\\\\u00a0 \\end{array}}$$<\/p>\r\n<p>After examining the company\u2019s lease disclosures, he estimates that its average lease term is 10 years with a reasonably consistent lease obligation of $2,000 over that term. He believes that leases should be capitalized at a rate of 6% per annum, which is the rate at which the company recently issued bonds.<\/p>\r\n<p>If the accounting rules were to change, ABC Ltd.\u2019s asset would <em>most likely<\/em> increase by:<\/p>\r\n<p>\u00a0 \u00a0 A. $7,360.<\/p>\r\n<p>\u00a0 \u00a0 B. $14,720.<\/p>\r\n<p>\u00a0 \u00a0 C. $18,613.<\/p>\r\n<h4>Solution<\/h4>\r\n<p><strong>The correct answer is B.<\/strong><\/p>\r\n<p>The capitalized value of ABC Ltd.\u2019s leases, the amount by which assets would increase, is estimated as the discounted present value of the operating lease obligations (expenses). The present value of 10 payments of $2,000 at 6% is $14,720, calculated as:<\/p>\r\n<p>$$ $2,000\\times\\frac{1-(1.06^{-10})}{0.06}=$14,720$$<\/p>\r\n<\/blockquote>\r\n<p>Reading 16: Integration of Financial Statement Analysis Techniques\u00a0<\/p>\r\n<p><em>LOS 16 (d) Evaluate how a given change in accounting standards, methods, or assumptions affects financial statements and ratios.<\/em><\/p>\r\n<div style=\"text-align: center; margin: 30px 0;\"><a style=\"display: inline-flex; align-items: center; justify-content: center; padding: 12px 26px; border-radius: 9999px; background: #1e5bd8; color: #ffffff; font-weight: bold; text-decoration: none;\" href=\"https:\/\/analystprep.com\/free-trial\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Start Free Trial \u2192 <\/a> \r\n<p style=\"margin-top: 12px; font-size: 16px; line-height: 1.5;\">Strengthen your understanding of accounting standards, accounting methods, assumptions, financial statements, and ratio analysis in CFA Level 2 with study notes, practice questions, and mock exams.\r\n<\/p>\r\n\r\n <\/div>","protected":false},"excerpt":{"rendered":"<p>Users of financial statements must be cognizant of proposed changes in accounting standards because of the impact they have on financial statements and a firm\u2019s valuation. We anticipate significant changes in the accounting standards over the next few years as&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[102,312],"tags":[216,186,313],"class_list":["post-11170","post","type-post","status-publish","format-standard","hentry","category-cfa-level-2","category-financial-reporting-and-analysis-fra","tag-cfa-level-2","tag-effects-of-change-in-accounting-standards-methods-or-assumptions-on-the-financial-statements-and-ratios","tag-financial-reporting-and-analysis-fra","blog-post","no-post-thumbnail","animate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Accounting Changes &amp; Financial Ratios | CFA Level 2<\/title>\n<meta name=\"description\" content=\"Learn how changes in accounting standards, methods, and assumptions affect financial statements, ratios, and analysis. Read more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accounting Changes &amp; Financial Ratios | CFA Level 2\" \/>\n<meta property=\"og:description\" content=\"Learn how changes in accounting standards, methods, and assumptions affect financial statements, ratios, and analysis. Read more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/\" \/>\n<meta property=\"og:site_name\" content=\"CFA, FRM, and Actuarial Exams Study Notes\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-15T12:25:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-09T17:59:49+00:00\" \/>\n<meta name=\"author\" content=\"Irene R\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Irene R\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/cfa-level-2\\\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/cfa-level-2\\\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\\\/\"},\"author\":{\"name\":\"Irene R\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/#\\\/schema\\\/person\\\/7002f30d8f174958802c1c30b167eaf5\"},\"headline\":\"Evaluating the Effects of Change in Accounting Standards, Methods or Assumptions on the Financial Statements and Ratios\",\"datePublished\":\"2021-02-15T12:25:10+00:00\",\"dateModified\":\"2026-07-09T17:59:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/cfa-level-2\\\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\\\/\"},\"wordCount\":509,\"keywords\":[\"CFA-level-2\",\"Effects of Change in Accounting Standards Methods or Assumptions on the Financial Statements and Ratios\",\"Financial Reporting and Analysis (FRA)\"],\"articleSection\":[\"CFA Level II Study Notes\",\"Financial Reporting and Analysis (FRA)\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/cfa-level-2\\\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\\\/\",\"url\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/cfa-level-2\\\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\\\/\",\"name\":\"Accounting Changes & Financial Ratios | CFA Level 2\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/#website\"},\"datePublished\":\"2021-02-15T12:25:10+00:00\",\"dateModified\":\"2026-07-09T17:59:49+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/#\\\/schema\\\/person\\\/7002f30d8f174958802c1c30b167eaf5\"},\"description\":\"Learn how changes in accounting standards, methods, and assumptions affect financial statements, ratios, and analysis. Read more.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/cfa-level-2\\\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/cfa-level-2\\\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/cfa-level-2\\\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Evaluating the Effects of Change in Accounting Standards, Methods or Assumptions on the Financial Statements and Ratios\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/#website\",\"url\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/\",\"name\":\"CFA, FRM, and Actuarial Exams Study Notes\",\"description\":\"Question Bank and Study Notes for the CFA, FRM, and Actuarial exams\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/#\\\/schema\\\/person\\\/7002f30d8f174958802c1c30b167eaf5\",\"name\":\"Irene R\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/33caf1e1bcb63ee970b36351f165c7bc714b19614993ab9c2c8bf36273b7df48?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/33caf1e1bcb63ee970b36351f165c7bc714b19614993ab9c2c8bf36273b7df48?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/33caf1e1bcb63ee970b36351f165c7bc714b19614993ab9c2c8bf36273b7df48?s=96&d=mm&r=g\",\"caption\":\"Irene R\"},\"url\":\"https:\\\/\\\/analystprep.com\\\/study-notes\\\/author\\\/irene\\\/\"}]}<\/script>\n<meta property=\"og:video\" content=\"https:\/\/www.youtube.com\/embed\/CaqpEECvaXw\" \/>\n<meta property=\"og:video:type\" content=\"text\/html\" \/>\n<meta property=\"og:video:duration\" content=\"2558\" \/>\n<meta property=\"og:video:width\" content=\"480\" \/>\n<meta property=\"og:video:height\" content=\"270\" \/>\n<meta property=\"ya:ovs:adult\" content=\"false\" \/>\n<meta property=\"ya:ovs:upload_date\" content=\"2021-02-15T12:25:10+00:00\" \/>\n<meta property=\"ya:ovs:allow_embed\" content=\"true\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Accounting Changes & Financial Ratios | CFA Level 2","description":"Learn how changes in accounting standards, methods, and assumptions affect financial statements, ratios, and analysis. Read more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/","og_locale":"en_US","og_type":"article","og_title":"Accounting Changes & Financial Ratios | CFA Level 2","og_description":"Learn how changes in accounting standards, methods, and assumptions affect financial statements, ratios, and analysis. Read more.","og_url":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/","og_site_name":"CFA, FRM, and Actuarial Exams Study Notes","article_published_time":"2021-02-15T12:25:10+00:00","article_modified_time":"2026-07-09T17:59:49+00:00","author":"Irene R","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Irene R","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/#article","isPartOf":{"@id":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/"},"author":{"name":"Irene R","@id":"https:\/\/analystprep.com\/study-notes\/#\/schema\/person\/7002f30d8f174958802c1c30b167eaf5"},"headline":"Evaluating the Effects of Change in Accounting Standards, Methods or Assumptions on the Financial Statements and Ratios","datePublished":"2021-02-15T12:25:10+00:00","dateModified":"2026-07-09T17:59:49+00:00","mainEntityOfPage":{"@id":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/"},"wordCount":509,"keywords":["CFA-level-2","Effects of Change in Accounting Standards Methods or Assumptions on the Financial Statements and Ratios","Financial Reporting and Analysis (FRA)"],"articleSection":["CFA Level II Study Notes","Financial Reporting and Analysis (FRA)"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/","url":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/","name":"Accounting Changes & Financial Ratios | CFA Level 2","isPartOf":{"@id":"https:\/\/analystprep.com\/study-notes\/#website"},"datePublished":"2021-02-15T12:25:10+00:00","dateModified":"2026-07-09T17:59:49+00:00","author":{"@id":"https:\/\/analystprep.com\/study-notes\/#\/schema\/person\/7002f30d8f174958802c1c30b167eaf5"},"description":"Learn how changes in accounting standards, methods, and assumptions affect financial statements, ratios, and analysis. Read more.","breadcrumb":{"@id":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/analystprep.com\/study-notes\/cfa-level-2\/evaluating-effects-change-accounting-standards-methods-assumptions-financial-statements-ratios\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/analystprep.com\/study-notes\/"},{"@type":"ListItem","position":2,"name":"Evaluating the Effects of Change in Accounting Standards, Methods or Assumptions on the Financial Statements and Ratios"}]},{"@type":"WebSite","@id":"https:\/\/analystprep.com\/study-notes\/#website","url":"https:\/\/analystprep.com\/study-notes\/","name":"CFA, FRM, and Actuarial Exams Study Notes","description":"Question Bank and Study Notes for the CFA, FRM, and Actuarial exams","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/analystprep.com\/study-notes\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/analystprep.com\/study-notes\/#\/schema\/person\/7002f30d8f174958802c1c30b167eaf5","name":"Irene R","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/33caf1e1bcb63ee970b36351f165c7bc714b19614993ab9c2c8bf36273b7df48?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/33caf1e1bcb63ee970b36351f165c7bc714b19614993ab9c2c8bf36273b7df48?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/33caf1e1bcb63ee970b36351f165c7bc714b19614993ab9c2c8bf36273b7df48?s=96&d=mm&r=g","caption":"Irene R"},"url":"https:\/\/analystprep.com\/study-notes\/author\/irene\/"}]},"og_video":"https:\/\/www.youtube.com\/embed\/CaqpEECvaXw","og_video_type":"text\/html","og_video_duration":"2558","og_video_width":"480","og_video_height":"270","ya_ovs_adult":"false","ya_ovs_upload_date":"2021-02-15T12:25:10+00:00","ya_ovs_allow_embed":"true"},"_links":{"self":[{"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/posts\/11170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/comments?post=11170"}],"version-history":[{"count":16,"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/posts\/11170\/revisions"}],"predecessor-version":[{"id":44939,"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/posts\/11170\/revisions\/44939"}],"wp:attachment":[{"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/media?parent=11170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/categories?post=11170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analystprep.com\/study-notes\/wp-json\/wp\/v2\/tags?post=11170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}