Financial Reporting & Analysis carries maximum weight among all the CFA Level 1 topics. With over 4 years of experience in teaching FRA, I would help you understand this key topic in an easy to understand manner, taking care of even non-finance students. Understanding of Financial Statements and how to analyse them is an absolute must for anyone pursuing CFA. As many non-finance background candidates enrol for CFA, I help them understand the basics of finance and then build on to cover all the topics within Financial Reporting for CFA Level 1. Building a strong foundation in finance at Level 1 would also help you in other levels of CFA. Following are the key topics in FRA:

a. Financial Statements - Income Statement, Balance Sheet & Cash Flow Statement;

b. Financial Reporting Mechanics and Standards;

c. Revenue & Expense Recognition including depreciation, inventory costs etc;

d. Long-term liabilities (debt, pension, leases etc.);

e. Deferred Income Taxes; and 

f. Financial Statement Analysis - Application