Chapter 1: Organizational Forms, Corporate Issuer Features, and Ownership

In this section

• Business Structures (Sole Proprietorship, Partnership, Corporation)
  Business Structures (Sole Proprietorship, Partnership, Corporation) (CFA Level 1): Key Features of a Sole Proprietorship, Partnerships, and General Partnerships. Key definitions, formulas, and exam tips.
• Public versus Private Companies
  Public versus Private Companies (CFA Level 1): Key Comparisons, Public (Listed) Companies, and Private (Unlisted) Companies. Key definitions, formulas, and exam tips.
• Equity and Debt Claims
  Equity and Debt Claims (CFA Level 1): Understanding Equity Claims, Common Stock, and Preferred Stock. Exam-focused explanations with key terms and takeaways.
• Share Classes and Voting Rights
  Share Classes and Voting Rights (CFA Level 1): Common Stock Classes, Class A vs. Class B Shares, and Founder or Family Control. Key definitions, formulas, and exam tips.
• Hybrid Legal Structures (LLCs, LLPs)
  Hybrid Legal Structures (LLCs, LLPs) (CFA Level 1): Key Characteristics, LLCs in Focus, and Pass-Through Taxation (LLCs). Key definitions, formulas, and exam tips.
• Convertible Debt and Other Hybrid Securities
  Convertible Debt and Other Hybrid Securities (CFA Level 1): Convertible Bonds, Structure and Basic Features, and Conversion Dynamics and Bond Pricing. Key definitions, formulas, and exam tips.
• Legal and Compliance Requirements for Corporate Issuers
  Legal and Compliance Requirements for Corporate Issuers (CFA Level 1): Why Legal and Compliance Requirements Matter, Key Regulations and Filings, and Timely Disclosure Requirements. Key definitions, formulas, and exam tips.
• Dual-Class Share Structures
  Dual-Class Share Structures (CFA Level 1): Definition and Key Characteristics, Rationale and Motivations, and Concerns and Criticisms. Key definitions, formulas, and exam tips.
• Corporate Bylaws and Articles of Incorporation
  Corporate Bylaws and Articles of Incorporation (CFA Level 1): Corporate Bylaws, Key Features of Bylaws, and Articles of Incorporation. Key definitions, formulas, and exam tips.
• Regulatory Reporting Requirements (IFRS vs. US GAAP) and Strategic Considerations
  Regulatory Reporting Requirements (IFRS vs. US GAAP) and Strategic Considerations (CFA Level 1): Key Concepts: IFRS vs. US GAAP, Principles-Based vs. Rules-Based Approaches, and Main Areas of Difference. Key definitions, formulas, and exam tips.