FFO？ The calculation method is depreciation and amortization expenses plus profit, sometimes in the form of per share. Professionals in various investment fields, including fund managers, securities analysts, chief financial officers, investment consultants, investment bankers, traders, etc.
CFA is very important; It directly proves your professionalism and ability and is regarded as the "gold standard" by the investment community. This qualification is considered as a commitment to the professional skills and professional ethics of the investment industry. Candidates who have passed CFA will be of great help to themselves.
Extended data
Composition of financial statements:
A complete set of financial statements includes balance sheet, income statement, cash flow statement, statement of changes in owners' equity (or statement of changes in shareholders' equity) and notes to financial statements.
1, balance sheet (statement of financial position) It reflects the unexpired state of assets, liabilities and capital of an enterprise. Long-term solvency, short-term solvency and profit distribution ability.
2. The income statement (or income statement) reflects the income and expenses of the current enterprise and the amount and structure of gains and losses that should be included in the current profits.
3. Cash Flow Statement, which reflects the ins and outs of enterprise cash flow, is divided into three parts: business activities, investment activities and fund-raising activities.
4, Statement of change of equity (statement of change of equity) it reflects the current changes in the total owner's equity (shareholders' equity), including structural changes, especially the gains and losses directly included in the owner's equity.
5. Notes to financial statements generally include the following items: the basic situation of the enterprise, the basis for the preparation of financial statements, the statement of conformity with the accounting standards for enterprises, the explanation of important accounting policies and accounting estimates, the change and error correction of accounting policies and accounting estimates, and the explanation of important reporting items.
Baidu Encyclopedia-Financial Statements