Forum Replies Created
-
AuthorPosts
-
in reply to: Question of the Week – Quantitative Methods #78569Up::6
Greetings to all,
I did my first mock just after I finished the first reading of the curriculum. I got 66% , I am reviewing now , chapter by chapter. I hope next mock goes a lot better.
After every session I finish I hit about 100 questions in qbank. I have 2000+ questions answered already and score 79%. (This is clearly overstated cause I answer just after reading the material).Up::5Greetings,
I started studying with the online version of the CFA Institute Curriculum and some 2013 pdf’s from Schweser that I found online. Reading from my laptop was hard for me. I got tired and it took me about a month to finish Econ and Quants. ( I have an Economics Degree and a Msc in Applied Economic- I knew this stuff).
I live in Europe(Greece) and have in mind that I had to pay 100 euro for customs clearance in order to get my Kaplan Schweser pack that I ordered.
I don’t regret , cause it has made my study a lot easier, but have in mind you might have to pay an additional cost.Good luck!
in reply to: Counting Down! #79166in reply to: CFAI Practice Assessments #77797in reply to: CFAI Practice Assessments #77801Up::3Up::2Hello to everyone,
I just want to ask what is the percentage of the shares the parent company must have in order to fully consolidate the subsidiary into it’s accounts?
Also,
How this is reported in the balance sheet and the income statement?
I mean if AAA Corp owns 55% of BBB Inc
Are BBB inc’s assets appear on AAA Corp Balance Sheet?in reply to: CFAI Practice Assessments #77800Up::2Up::2Ok,
Let’s work this out.Net income = Sales*0,35=735
-200(Increase in Inventory)
+125(Depreciation which is a Non Cash Expense)
-75(Increase in accounts receivables)
-70(Increase in accounts payable)
-30 (Gain on sale which is a Cash Flow from Investing)We get CFO = 485$
in reply to: CFAI Practice Assessments #77798Up::1I mean the explanation the Institute gives is correct and we conclude to the same result.
Let’s say the answer is “the growth rate is 4%” and although I have marked 4% as the answer , it still says Incorrect.
I feel there is an error there because, as I told you , there is even a double question in the assessment.
From the 25 questions, 1 particular appears 2 times.I know it’s kinda hard to explain but I believe if someone is taking the assessment of equity can help me clarify.
Thnx for your interest , sophie!
in reply to: CFAI Practice Assessments #77804Up::1Well , that’s what I thought but you know, when you are taking small tests and find something like this, you start to doubt about yourself.
Anyway thanks for your attention!
Up::1@nav http://www.elansguides.com/docs/Los-changes-2013-2014.pdf
Its’ a pdf for all the LOS changes from 2013 to 2014.If you google it you may find more detail.Fixed Income area changed a lot.
There are chapters unaffected , you can start from there if you have last year’s Curriculum.in reply to: PassedTense #78555Up::0Hi @CedricJ‌ ,
I use passed tense’s question bank also. They call it “ADAPT”. It starts with a low level of questions and as you score high your level rises and the difficulty of each test too.
They have a youtube video where they explain it. They say that as long as you are at level 7 you are in good shape.
How did you go on CFAI mock test?Here is the link of ADAPT
-
AuthorPosts