Chapter 7: Long-Term Liabilities and Equity

In this section

• Lease Accounting (Lessee vs. Lessor)
  Lease Accounting (Lessee vs. Lessor) (CFA Level 1): Key Principles, Lessee Accounting Under IFRS 16, and Impact on Financial Statements (Lessee under IFRS 16). Key definitions, formulas, and exam tips.
• Pension and Other Post-Employment Benefits
  Pension and Other Post-Employment Benefits (CFA Level 1): Defined Contribution Plans, Key Characteristics, and Presentation and Analysis. Key definitions, formulas, and exam tips.
• Stock-Based Compensation
  Stock-Based Compensation (CFA Level 1): Why Does Stock-Based Compensation Matter?, Common Types of Stock-Based Awards, and Measurement of Fair Value. Key definitions, formulas, and exam tips.
• Equity Transactions and Disclosures
  Equity Transactions and Disclosures (CFA Level 1): Components of Equity, Common Equity Transactions, and Share Issuances. Key definitions, formulas, and exam tips.
• Hybrid Instruments and Presentation
  Hybrid Instruments and Presentation (CFA Level 1): Defining Hybrid Instruments, Embedded Derivatives, and Bifurcation Requirements. Key definitions, formulas, and exam tips.
• Convertible Debt and Detachable Warrants
  Convertible Debt and Detachable Warrants (CFA Level 1): Key Concepts and Terminology, Economic Rationale and Investor Perspective, and Accounting Treatment under IFRS and US GAAP. Key definitions, formulas, and exam tips.
• Recording and Analyzing Treasury Stock Transactions
  Recording and Analyzing Treasury Stock Transactions (CFA Level 1): Key Characteristics of Treasury Stock, Motivations for Share Repurchases, and Cost Method and Par Value (Stated Value) Method. Key definitions, formulas, and exam tips.
• Economic Value Added (EVA) Considerations for Equity
  Economic Value Added (EVA) Considerations for Equity (CFA Level 1): Key Concepts of EVA, How EVA Relates to Equity, and Diagram: EVA Calculation Flow. Key definitions, formulas, and exam tips.
• IFRS vs. US GAAP Pension Accounting Differences
  IFRS vs. US GAAP Pension Accounting Differences (CFA Level 1): Comparison in a Nutshell and Discount Rate Differences. Key definitions, formulas, and exam tips.
• IFRS 16 vs. ASC 842 Lease Approaches
  IFRS 16 vs. ASC 842 Lease Approaches (CFA Level 1): Lessee Perspective and IFRS 16: One Model for Lessees. Exam-focused explanations with key terms and takeaways.