Analyst can apply  financial analysis tools and techniques to evaluate the past and future financial performance, assess credit risk, and screen potential equity investments.Important concepts such as assessing credit quality, and analyst adjustments to financial statements  in order to make them comparable with other companies’ reports form part of the applications of Financial Statement Analysis.

This video by Arif Irfanullah discusses the applications of financial statement analysis, as a part of the CFA Level 1 syllabus.

This video discusses

  • Evaluating Past Financial Performance
  • Projecting Performance
  • Forecasting Net Income
  • Forecasting Net Income and Cash Flow
  • Credit Assessment
  • Credit Scoring
  • Equity Investment Screening
  • Analyst Adjustments