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#cfa-level-1 #fra-introduction #reading-22-financial-statement-analysis-intro #study-session-7
Fundamental financial analysis starts with the information found in a company’s financial reports.
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1. INTRODUCTION
cial analysis is evaluating the company’s ability to earn a return on its capital that is at least equal to the cost of that capital, to profitably grow its operations, and to generate enough cash to meet obligations and pursue opportunities. <span>Fundamental financial analysis starts with the information found in a company’s financial reports. These financial reports include audited financial statements, additional disclosures required by regulatory authorities, and any accompanying (unaudited) commentary by management. Basic


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