Скачать или смотреть CFA Level 2 | Residual Income Valuation with free notes (Vol 5 Valuation LM5)

If you are taking CFA Level 2 exam then this refresher podcast is for you. FREE NOTES below (see Google Drive links).

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Important:
1. This podcast is NOT a replacement of curriculum studies.
2. This conversation is based on my notes and understanding.

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Overview:
In this podcast, speakers talk about Residual Income Valuation in the CFAI curriculum. They explain how to calculate residual income under single-stage and multistage modelling approaches in contrast to dividend discount and free cash flow models. Speakers also discuss accounting considerations and adjustments needed for accurate application of the model, particularly concerning clean surplus accounting violations and fair value accounting. Finally, they offers guidelines for selecting an appropriate valuation model based on company characteristics.

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Tip:
CFA L2 curriculum is gigantic and only way to success is (1) reading and understanding the concepts, (2) regular revisions, and (3) tons of Q&A practice. (4) There are NO shortcuts.

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Resources (PDFs):
1. Debriefing summary:
https://drive.google.com/file/d/1Ylie...

2. Knowledge check review:
https://drive.google.com/file/d/1nU4y...