- CFA Exams
- 2026 Level I
- Topic 3. Corporate Issuers
- Learning Module 4. Working Capital and Liquidity
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Learning Outcome Statements PDF Download
| 1. Cash Conversion Cycle explain the cash conversion cycle and compare issuers' cash conversion cycles | |
| 2. Liquidity explain liquidity and compare issuers' liquidity levels | |
| 3. Managing Working Capital and Liquidity describe issuers' objectives and compare methods for managing working capital and liquidity |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.

Tamara Schultz
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