Introduction to Financial Statement Analysis
Financial Reporting Standards
Understanding Income Statements
Understanding Balance Sheets
Understanding Cash Flow Statements
Financial Analysis Techniques
Inventories
Long-Lived Assets
Income Taxes
Non-Current (Long-Term) Liabilities
Financial Reporting Quality
Applications of Financial Statement Analysis

The Time Value of Money
Organizing, Visualizing, and Describing Data
Probability Concepts
Common Probability Distributions
Sampling and Estimation
Hypothesis Testing
Introduction to Linear Regression

Fixed Income Securities: Defining Elements
Fixed-Income Markets: Issuance, Trading, and Funding
Introduction to Fixed-Income Valuation
Introduction to Asset-Backed Securities
Understanding Fixed Income Risk and Return
Fundamentals of Credit Analysis

Corporate Structures and Ownership
Introduction to Corporate Governance and Other ESG Considerations
Business Models & Risks
Capital Investments
Working Capital & Liquidity
Cost of Capital-Foundational Topics
Capital Structure
Measures of Leverage

Topics in Demand and Supply Analysis
The Firm and Market Structures
Aggregate Output, Prices, and Economic Growth
Understanding Business Cycles
Monetary and Fiscal Policy
Introduction to Geopolitics
International Trade and Capital Flows
Currency Exchange Rates

Portfolio Management Overview
Portfolio Risk and Return: Part I
Portfolio Risk and Return: Part II
Basics of Portfolio Planning and Construction
The Behavioral Biases of Individuals
Introduction to Risk Management
Technical Analysis
Fintech in Investment Management

Derivative Instrument and Derivative Market Features
Forward Commitment and Contingent Claim Features and Instruments
Derivative Benefits, Risks, and Issuer and Investor Uses
Arbitrage, Replication, and the Cost of Carry in Pricing Derivatives
Pricing and Valuation of Forward Contracts and for an Underlying with Varying Maturities
Pricing and Valuation of Futures Contracts
Pricing and Valuation of Interest Rates and Other Swaps
Pricing and Valuation of Options
Option Replication Using Put-Call Parity
Valuing a Derivative Using a One-Period Binomial Model
Categories, Characteristics, and Compensation Structures of Alternative Investments
Performance Calculation and Appraisal of Alternative Investments
Private Capital, Real Estate, Infrastructure, Natural Resources, and Hedge Funds

Market Organization and Structure
Security Market Indexes
Market Efficiency
Overview of Equity Securities
Introduction to Industry and Company Analysis
Equity Valuation: Concepts and Basic Tools

Ethics and Trust in the Investment Profession
Code of Ethics and Standards of Professional Conduct
Guidance for Standards I-VII
Introduction to the Global Investment Performance Standards (GIPS)
Ethics Application