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Business Chartered Financial Analyst (CFA)

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SUSMalboroLight
post Jun 3 2019, 03:16 PM

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QUOTE(bmwcaddy @ May 27 2019, 06:11 PM)
Any recommendations of institutions for part-time classes in KL region?

Would love to attend weekend classes and take up CFA Level 1 smile.gif
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if you want cheaper (but also effective) alternative, look up for Mark Meldrum or Arif Irfanullah videos.

you can just study with their videos.
SUSMalboroLight
post Jun 13 2019, 09:45 AM

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QUOTE(TeeKanne @ Jun 12 2019, 06:18 PM)
Is taking CFA worthwhile if you already have a CIMA/ACCA? ACCA and CIMA is more focused on financial accounting, management accounting, tax and audit. CFA is more investment oriented.

Would CFA provide me with a better marketability in terms of career?

Any advise before I really enroll into CFA?

Thanks.
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CFA is on a different league as compared to all other accounting qualifications.

My advise is, if you were to enroll, forget everything you think you know about accounting, and enter the class with an empty cup.

Because CFA's accounting is so much difficult as compared to what was offered by ACCA.


SUSMalboroLight
post Jun 13 2019, 04:20 PM

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QUOTE(siew14 @ Jun 13 2019, 01:28 PM)
Cfa is more to equity research and fund management. Unless, u entering the above-mentioned industries, u can no need to take cfa.

Interviewer will *zha* u with above usually, so u need to know how to bull la.
U sure bro ? U took acca before ? I mean I haven't take acca before, and my understanding from friend is that acca accounting is difficul than cfa
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I have both.

CFA requires a deep understanding of both IFRS and US GAAP, while ACCA needs you to understand IFRS only.

For example, both CFA and ACCA need you to understand consolidation. But CFA takes it a step further.

Imagine you need to differentiate the implication of consolidation in both US GAAP and IFRS, and what is the end result (ratios) if different methods (FVTPL,FVOCI, AC) are used.

Yea, we practice double standard in CFA biggrin.gif

This post has been edited by MalboroLight: Jun 13 2019, 04:26 PM

 

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