CFA Level I Flashcards

1,000 CFA Level I flashcards, written to the same audited standard as KomFi's question banks: precise, decontextualized answers you can memorize verbatim — formulas rendered in real math notation, concepts deduplicated so every card earns its slot. Study them with progress tracking, got-it filtering, and cross-device resume.

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Sample card prompts

  • Under Standard\ I(B), is a member permitted to accept a gift from a client that is contingent on future performance?
  • What is the formula for the five-way DuPont ROE decomposition?
  • Under Standard\ I(A), what must a member do if they are working in a jurisdiction with no insider trading laws?
  • In the Treasury Stock Method for EPS, how is the incremental share count calculated?
  • Does Standard\ I(A) require a member to report a violation of the Code to governmental authorities?
  • What is the trigger for a violation of Standard\ I(B) regarding internal firm relationships?
  • What defines 'Material' information under the II(A) guidance referenced within professional behavior?
  • Does Standard\ I(B) prohibit accepting modest gifts or hospitality from a client?
  • Formula for the variance of a two-asset portfolio (σ^2_p).
  • Return Concept: Define a "Winsorized mean."
  • According to Standard\ I(B), what is the primary objective of establishing 'firewalls' within a financial firm?
  • Ethics trigger: Requirement for a firm offering different service levels (e.g., "premium" research) to clients.

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