掌握CFA學習方法是必要的，沒有正確的學習方法花費大量的時間也是不能牢牢把握CFA知識的，要知道CFA考試備考是要學習10個科目知識，zui多是1年的復習時間，畢竟到了第二年CFA考試大綱做調整，有新的知識要學習，所以報考CFA考試你是怎樣學習？

①在理解基礎上記憶

對于一級考試，CFA考試報名考生應注意在知識點著重背誦，注重對閱讀資料的理解，在理解的基礎上進行記憶。

②把握新增的知識點

考生應將更多的精力放在每個知識點上面，進行重點突破。

③適當參加專業(yè)培訓

參加專業(yè)的培訓，專業(yè)教師的指導，有建設性的教導可以使考生更好地理解知識、分析重點，增強復習的針對性。無論是什么方法，少不了總結!再總結!以上三點，加以合理安排時間，那對于一級的過關指數(shù)，就更進一步啦!

CFA考試備考中除了學習知識外，需要練習考試題，不知道考生是不是掌握了考試題的技巧呢？我們先來練習一下！

1、Earlier this year, Barracuda Company issued 5,000 employee stock options. Recently, 2,000 options were exercised at a price of $10 per share. To avoid dilution, Barracuda purchased 2,000 shares at an average price of $12 per share. Barracuda reported both transactions as financing activities in its cash flow statement. For analytical purposes, what adjustment is necessary to better reflect the substance of the stock repurchase?

Operating cash flow Financing cash flow

  A. Decrease $4,000 No adjustment

  B. No adjustment Increase $4,000

  C. Decrease $4,000 Increase $4,000

2、If a lessee enters into a finance lease rather than an operating lease, it can expect to have a:

  A. higher return on assets.

  B. higher debt-to-equity ratio.

  C. lower debt-to-equity ratio.

answer：

第一題：solution：C

answer：Barracuda reported a $4,000 net outflow from financing activities [2,000 options* ($12 average market price-$10 exercise price)]. However, since the options are a form of compensation, the $4,000 outflow should be reclassified as an operating activity for analytical purposes. This is accomplished by increasing financing cash flow $4,000 and decreasing operating cash flow $4,000.

第二題：solution：B

answer：Leasing the asset with an operating lease avoids recognition of the debt on the lessee’s balance sheet. Having fewer assets and liabilities on the balance sheet than would exist if the assets were purchased increases profitability ratios (e.g., return on assets) and decreases leverage ratios (e.g., debt-to-equity ratio). In the case of a finance lease, the assets are reported on the balance sheet and are depreciated.

CFA知識學習是長期的事情，但是堅持CFA考試是每一位學員應該做到的。通過CFA考試掌握更多的金融知識，讓自己變成富有的人。更多CFA備考知識、資料領取及學習答疑的事情，學員可以在線咨詢老師或者添加老師微信。