You are reading the 2026 curriculum (exams up to November 2026). Sitting in February 2027 or later? Go to the 2027 Financial Statement Analysis guide.

Financial Statement Analysis

Exam weight

11–14%

Questions, roughly

20–25 of 180

Learning modules

12

Lessons

55

1. Module 1 Introduction to Financial Statement Analysis 4 lessons
2. Module 2 Analyzing Income Statements 6 lessons
3. Module 3 Analyzing Balance Sheets 5 lessons
4. Module 4 Analyzing Statements of Cash Flows I 5 lessons
5. Module 5 Analyzing Statements of Cash Flows II 3 lessons
6. Module 6 Analysis of Inventories 3 lessons
7. Module 7 Analysis of Long-Term Assets 3 lessons
8. Module 8 Topics in Long-Term Liabilities and Equity 4 lessons
9. Module 9 Analysis of Income Taxes 4 lessons
10. Module 10 Financial Reporting Quality 6 lessons
11. Module 11 Financial Analysis Techniques 6 lessons
12. Module 12 Introduction to Financial Statement Modeling 6 lessons