Capitalizing value of a Fanpage in the Balance sheet?
Can someone please tell me if companies are allowed to capitalize intangibles like value of their facebook fanpages and twitter accounts in their Balance sheets? Like a customer list? If yes, can this...
View ArticleDeferred Capital Gains
FVIFcg = (1 + r)n(1 – tcg) + tcg The last term (+t cg) “is the tax of the untaxed cost also known as cost basis or basis associated with the initial investment.” In the blue box there is an example: =...
View ArticleA good summary of GIPS
Whether you are a re-taker or new to level III this could be a good summary of GIPS: http://justlevel3.com/viewtopic.php?f=9&t=5757. I passed Level II this year and just started GIPS.
View ArticleWhat is best IPhone app for level 3 studing?
I want to get an app that will allow me to get some studing in while I’m away from my books. Any suggestions?
View ArticleThe word "Heuristic"
HEURISTIC or HEURISTICS….I keep seeing this word in Behavioral Finance and can’t find a good CFA definition. It seems they’re using it as another word for “simple” or “short cut” and google says it...
View Articleget started
I just started reading the CFAI book, from Bahavior Finance section. I am making very slow progress and not able to put enough time. I am very slow reader and still debate whether eading the text is...
View ArticleReading 27: Synthetic cash, guilt by association...?
This topic is relatively easy to grasp, and the curriculum is quite clear. My question is more of a nitpicky one. In the process of synthetically rebalancing a portfolio text continually refers to...
View ArticleHow many hours do you plan on studying?
I know you’ve heard this question a million times with I and II, but I like to get a good idea what people are aiming for. From when you start till June 6th, roughly, how many hours do you plan on...
View ArticleShould I postpone writing cfa level 3?
I need some advice: I wrote and passed cfa level 2 this past June and am considering whether I should write level 3 this coming June or postpone it until the following year. Here are the issues at...
View ArticleChange in Ethics in level 3
hey guys,i just want to know how much ethics have changed with adoption of eleventh edition of standards of practice handbook relative to the tenth edition of the same ?Can we still follow what we...
View ArticleSeries 79 Exam
I’m registered to take the series 79 exam in a few weeks and was wondering if I should focus on that 100% or can split my time between CFA L3 and S79. Does anyone have experience with the series 79?
View ArticleComparison of LOS previous years
Does anyone know if there is a comparison of the CFA Level 3 2014 LOS statements and cirriculum to the 2015? I found one comparing 2013 to 2014, but not one for this year yet. Thoughts?
View ArticleLost my drive -- Is this normal?
After passing the L2 CFA Exam, I don’t feel the urgency. Is this normal? What are you doing to overcome this diminished mental state?
View ArticleProspect Theory
What does being reference dependent mean? Expected utility utility theory is not reference dependent but prospect theory is. Can someone give an example that differentiates both?Thanks
View ArticleBehavioral Portfolio Theory, Ex 3, Blue Box
Hi guys, need some help understanding Example 3 in the Blue Box in the CFAI material. For the second investor, I’m unable to figure out how to get to the numbers 1,568,627 euros in layer 1 and 431,373...
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Update and Advice for Level III Candidates
Dear Level III Candidates: I hope your studies are off to a good start. After having cleared Level I and Level II you will not find the Level III content very difficult. The major change at Level...
View ArticlePrinting Problem (Vital Source)
Hi guys,I used to print all CFA books from the vital source for my L2 …But since they have restricted their printing function to just one reading…My dilemma is that i cannot print 1 reading too (even...
View ArticleAF Read-Only Times For Exam
To help prevent the accidental spread of exam material during the global exam window, AF will be put into read-only mode on Friday at 4:00 PM EST and will re-open on Sunday at 8:00 PM EST. Good luck to...
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