CFA Level 1 Practice Test 2017

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CFA Level 1 Exam Prep covers the following topics:
1. Ethics and Standards
2. Quantitative Methods
3. Microeconomics
4. Macroeconomics
5. Global Economic Analysis
6. Financial Statements
7. Financial Ratios
8. Assets
9. Liabilities
10. Red Flags

What is a 'Chartered Financial Analyst - CFA'
A Chartered Financial Analyst (CFA) is a professional designation given by the CFA Institute, formerly AIMR, that measures the competence and integrity of financial analysts. Candidates are required to pass three levels of exams covering areas such as accounting, economics, ethics, money management and security analysis.

Level One Exam
The CFA level one examination is administered only twice per year, on the first Saturday in June and December, as of 2016. It focuses on analysis using the tools of the 10 topic areas of the Candidate Body of Knowledge. These areas are ethical and professional standards, quantitative methods, economics, financial reporting and analysis, corporate finance, equity investments, fixed income, derivatives, alternative investments, and portfolio management and wealth planning. The 10-year historical pass rate for level one is 42%.

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