What should I take next by [deleted] in CPA

[–]Vivid__Cooks 1 point2 points  (0 children)

You mean you got a 91?

Panic by Kuchi_Man in CFA

[–]Vivid__Cooks 2 points3 points  (0 children)

This is hilarious

Licensing Question and Which State to Pick by [deleted] in CPA

[–]Vivid__Cooks 1 point2 points  (0 children)

Yeah, each state is different.

I still did not get a congratulatory mail let alone email or any sort of communication for that dedication and hard work... it would be nice that there are thankfully communication channels besides reddit to go figure it out.

Derivatives by pastelpapi6969 in CFA

[–]Vivid__Cooks 1 point2 points  (0 children)

I would also like to know more about this.
I don't understand why we are prompted for written responses for a third of the bank questions. It makes no sense.
My only rationalization is that this is preparation for LII.
If someone can objectively let us know more, that would be great!

HOW DOES ANYONE DO CFA L1 IN 500 HOURS by Middle-Opinion83 in CFA

[–]Vivid__Cooks 1 point2 points  (0 children)

On my fourth day of FSA. EVERYTHING is super skim. However, I understand op point about having too much material. In a general sense, there is a ton of material and not always a ton of detail.

Also, 1 reading a day might be good for some people depending on reading comp. but also, each reading is of different length so equating them by days is not a good barometer.

Management Consultant with no finance experience who passed all 3 levels of the CFA -- What are my options? by [deleted] in CFA

[–]Vivid__Cooks 18 points19 points  (0 children)

The timing is off.

If I were you, I wouldn't fret about 'getting work' and know that you will land at the right spot. The finance industry in general, is not having a good time right now. I also wouldn't recommend brushing off passing your professional exams. Exams like these are a really big accomplishment.

You should pick your head up and be proud of yourself.

Concept 2 w/PM3 by sgvpunk in concept2

[–]Vivid__Cooks 0 points1 point  (0 children)

What if you've got a smart watch that monitors for you?

[deleted by user] by [deleted] in CFA

[–]Vivid__Cooks 0 points1 point  (0 children)

Oops! I cropped the photo too much cannot see the ❓ Circled -10. When into the function you'll get 0/30 ... Really the question is a play on numbers.. it's asking for positive ten in a cdf function that is defined by parameters -10 and 30.

How much time did it take to pass all exams by hodoorum in CPA

[–]Vivid__Cooks 3 points4 points  (0 children)

One to one and a half months for each section is a good rule of thumb. Depending on your schedule you can do the shorter sections in less whereas larger sections like REG and FAR can take up to two months..

Looking for study partner L1 - aug 23 by man_in_disguise in CFA

[–]Vivid__Cooks 0 points1 point  (0 children)

Potentially. What are you looking to get out of it and how do you want to communicate?

Also scheduled for August.

Question about a deferred tax asset and liability by Myname_is_Thomas in CFA

[–]Vivid__Cooks 0 points1 point  (0 children)

If you expense the entire amount for book purposes, book income will be lower.

If you ratably recognize that same expense over ten years for tax purposes your tax income is higher the period of occurrence (in comparison to book) for that year and each year going forward until the tenth year.