CFA财务报表分析练习题"Financial Report":财务报告准则
财务报告与分析中章节的设置是循序渐进、逐层深入的,前面介绍的术语在后面还会有详细的解释与探讨。
由于财务报告与分析本身自立体系,它是上市公司和报表使用人之间沟通交流的语言,所以学起来与外语学习有几分相似。
财务报告与分析一共分为四大部分
第一部分是扫盲阶段,主要介绍财务术语、体系等基本知识。
在此基础上,第二部分更深入地讲解财务报表编制以及财务报表分析的方法
进一步地,第三部分针对存在利润操纵空间的重点科目做详细、深入的讨论
最后,第四部分是前面三部分内容的综合应用
四大部分在考试中占比最大的是第二部分和第三部分,大概占财报分析所有题目的80%以上。其次是第一部分,占比10%左右。
由于第四部分是财务分析的综合应用,不太适合一级的出题形式,所以出题比例相对比较少,大概占5%左右
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Questions 1:

Which of the following descriptions of financial reporting is considered to be of the highest quality?
A、Within GAAP but with earnings management
B、Within GAAP but with biased choices
C、Outside GAAP but with conservative choices

【Answer to question 1】B

【analysis】
B is correct.Along the financial reporting quality spectrum,financial reporting that is within GAAP but has biased choices is considered to be better quality than within-GAAP financial reporting that is subject to earnings management.Financial reporting that is non-compliant with GAAP is considered to be even lower quality.
A is incorrect.Along the financial reporting quality spectrum,financial reporting that is within GAAP but subject to earnings management is considered to be inferior to within-GAAP financial reporting that has biased choices.
C is incorrect.Along the financial reporting quality spectrum,financial reporting that is non-compliant with GAAP is considered to be inferior to GAAP-compliant financial reporting

Questions 2:

Which of the following statements is least accurate?
A、IFRS Foundation trustees appoint members of the IASB.
B、The IASB is monitored by a board that includes the US SEC.
C、IFRS Foundation trustees oversee the policy decisions of the FASB.

【Answer to question 2】C

【analysis】
C is correct.The Financial Accounting Foundation,not the IFRS,oversees FASB.
A is incorrect.IFRS Foundation trustees do appoint the members of the IASB.
B is incorrect.The Monitoring Board that oversees the IASB includes representatives from the European Commission,IOSCO,the Japan Financial Services Agency,and the US SEC.
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