2025 CFA Level I Exam: CFA Discussion Topic: Convert from Indirect Method to Direct Method

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Topic: Convert from Indirect Method to Direct Method

Author	Topic: Convert from Indirect Method to Direct Method
6994735 @2017-04-06 23:03:14	Hi All, In reviewing reading 27, LOS g for CFA Level 1, I find myself wondering what's the difference between CONVERTING from Indirect to Direct, and just putting together a new fresh Direct method from scratch. Does anyone have a decent example of how CFO is built using the Indirect method, and then how that report is used to convert to the Direct method? I'm not overly happy with the explanation provided by the CFA textbook. Thanks, John

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Topic: Convert from Indirect Method to Direct Method

6994735
@2017-04-06 23:03:14

Hi All,

In reviewing reading 27, LOS g for CFA Level 1, I find myself wondering what's the difference between CONVERTING from Indirect to Direct, and just putting together a new fresh Direct method from scratch.

Does anyone have a decent example of how CFO is built using the Indirect method, and then how that report is used to convert to the Direct method? I'm not overly happy with the explanation provided by the CFA textbook.

Thanks,

John

CFA Discussion Topic: Convert from Indirect Method to Direct Method

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

CFA Discussion Topic: Convert from Indirect Method to Direct Method

Barnes