CFA 2026 Level 1 Course

CFA 2026 Level 1 Course

Core Readings in Financial Statement Analysis, Equity Investments, and Fixed IncomeBy Azhar ul Haque Sario
Michael Caine
Listen with Sir Michael Caine™ and 1,000+ voices
Length5h 48m

About this audiobook

You are about to enter a comprehensive guide tailored for the 2026 CFA Level 1 candidate. This book breaks down the core readings in Financial Statement Analysis. It explains the art of analyzing Income Statements. You will learn to decode Balance Sheets. It uncovers the truth behind Cash Flows. You will master the analysis of Inventories. It simplifies Long-Term Assets and Liabilities. You will understand the complexities of Income Taxes. It teaches you to spot Financial Reporting nuances. You will build Financial Statement Models. It explores the world of Equity Investments. You will study Market Organization and Structure. It explains Security Market Indexes. You will analyze Market Efficiency. It covers Equity Valuation tools. You will dive into Fixed Income markets. It details Bond Valuation and Yields. You will understand Interest Rate Risk. It explains Credit Risk analysis. You will learn about Securitization. It covers every critical topic for your success.   Most textbooks treat finance like a dead language, but this book treats it like a living ecosystem. Its competitive advantage lies in its modern 2026 perspective, addressing game-changers like the new IFRS 18 standards which redefine how operating profit is reported. While other books might leave you lost in theory, this guide uses vivid analogies—comparing financial analysts to detectives and bonds to legal contracts—to make complex concepts stick. It integrates contemporary themes like the impact of AI on industry analysis and the rise of "Green" sovereign bonds, ensuring you aren't just learning history, but preparing for the future. It distinguishes between the "accounting reality" and the "investor reality," helping you see through the numbers to the true economic story. This approach transforms dry regulatory filings into a vibrant narrative of business reality, giving you the tools to not just pass an exam, but to think like a seasoned professional.   Disclaimer: This book is an independent publication by Azhar ul Haque Sario and Azhar Sario Hungary. It is intended for educational purposes only. This work is not affiliated with, associated with, endorsed by, or in any way officially connected with the CFA Institute or any of its subsidiaries or its affiliates. The use of the term "CFA" is for nominative and descriptive purposes only to indicate the intended subject matter of the book.

Audiobook details

GenreBusiness and Economics, Politics and Government
Length5 hrs 48 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateFeb 6, 2026
LanguageEnglish

Table of contents

1Subject 3: Financial Statement Analysis
2Introduction to Financial Statement Analysis
3Analyzing Income Statements
4Analyzing Balance Sheets
5Analyzing Statements of Cash Flows I
Show all chapters
6Analyzing Statements of Cash Flows II
7Analysis of Inventories
8Analysis of Long-Term Assets
9Long-Term Liabilities and Equity
10Analysis of Income Taxes
11Financial Reporting Quality
12Financial Analysis Techniques
13Introduction to Financial Statement Modeling
14Subject 4: Equity Investments
15Market Organization and Structure
16Security Market Indexes
17Market Efficiency
18Overview of Equity Securities
19Company Analysis: Past and Present
20Industry and Competitive Analysis
21Company Analysis: Forecasting
22Equity Valuation: Concepts and Basic Tools
23Subject 5: Fixed Income
24Fixed-Income Instrument Features
25Fixed-Income Cash Flows and Types
26Fixed-Income Issuance and Trading
27Fixed-Income Markets for Corporate Issuers
28Fixed-Income Markets for Government Issuers
29Fixed-Income Bond Valuation: Prices and Yields
30Yield and Yield Spread Measures for Fixed-Rate Bonds
31Yield and Yield Spread Measures for Floating-Rate Instruments
32The Term Structure of Interest Rates: Spot, Par, and Forward Curves
33Interest Rate Risk and Return
34Yield-Based Bond Duration Measures and Properties
35Yield-Based Bond Convexity and Portfolio Properties
36Curve-Based and Empirical Fixed-Income Risk Measures
37Credit Risk
38Credit Analysis for Government Issuers
39Credit Analysis for Corporate Issuers
40Fixed-Income Securitization
41Asset-Backed Security (ABS) Instrument and Market Features
42Mortgage-Backed Security (MBS) Instrument and Market Features
43About Author & Publisher

Series

The Goals Program
The Goals ProgramZig Ziglar4h 34m4.6 (2.3K)$20
The Stocks & ETF Compass: A Guide to Wealth, High Standard of Living, and Secure Retirement through Intelligent Investment in the Stock Market and Passive Income – Including Starter Guide
The Stocks & ETF Compass: A Guide to Wealth, High Standard of Living, and Secure Retirement through Intelligent Investment in the Stock Market and Passive Income – Including Starter GuideJens Hattermann4h 9m4.9 (41)$20 · $0.00
Eat It!
Eat It!Jordan Syatt, Michael Vacanti4h 40m4.6 (1.5K)$20 · $0.00
The Power of the Spoken Word
The Power of the Spoken WordFlorence Scovel Shinn1h 58m4.5 (2.9K)$1.20 · $0.00
Progress and Poverty, Volumes I and II (Annotated)
Progress and Poverty, Volumes I and II (Annotated)Henry George19h 21m4.6 (574)$0.99 · $0.00
Not Everything Counts but Everything Matters: The powerful and inspirational new book about leadership and achieving success from the visionary multi-premiership winning Panthers coach
Not Everything Counts but Everything Matters: The powerful and inspirational new book about leadership and achieving success from the visionary multi-premiership winning Panthers coachIvan Cleary6h 1m4.6 (680)$24 · $0.00
Leads Machine
Leads MachineFrancis Rodino6h 30m4.9 (39)$27 · $0.00
CAPITAL (Complete 3 Volume Edition)
CAPITAL (Complete 3 Volume Edition)Karl Marx111h 13m4.5 (3.2K)$2 · $0.00
Build
BuildTony Fadell11h 5m4.5 (14.3K)$8 · $0.00
The Joys Of Compounding
The Joys Of CompoundingGautam Baid17h 34m4.5 (2.5K)$18 · $0.00
The Entrepreneur Roller Coaster
The Entrepreneur Roller CoasterDarren Hardy7h 8m4.5 (5.2K)$17
The Law of Success in Sixteen Lessons
The Law of Success in Sixteen LessonsNapoleon Hill1h 31m4.5 (17.7K)$2 · $0.00
Poor Charlie’s Almanack
Poor Charlie’s AlmanackGrover Gardener, Charles T. Munger13h 9m4.5 (24.7K)$18 · $0.00
The Ambuja Story
The Ambuja StoryNarotam Sekhsaria13h 59m4.5 (830)$33 · $0.00
Military Culture Shift
Military Culture ShiftCorie Weathers13h 13m4.7 (120)$25 · $0.00
This Is Going to Hurt
This Is Going to HurtAdam Kay5h 47m4.4 (444.7K)$24 · $0.00
Saving Social Care
Saving Social CareNeil Eastwood4h 54m4.6 (190)$18 · $0.00
Big Trust
Big TrustShadé Zahrai, Fayçal Sekkouah8h 36m4.6 (406)$26 · $0.00
Socialism
SocialismLudwig von Mises24h 8m4.5 (1.8K)$30
The Intelligent Investor Third Edition
The Intelligent Investor Third EditionBenjamin Graham, Jason Zweig20h4.4 (156.6K)$46 · $0.00
Krantikari
KrantikariSanjeev Sanyal11h 44m4.6 (1.3K)$16 · $0.00
Unbroken Bonds of Battle
Unbroken Bonds of BattleJohnny Joey Jones8h 31m4.6 (2.6K)$8 · $0.00
On Democracies and Death Cults
On Democracies and Death CultsDouglas Murray10h 38m4.6 (6.5K)$29 · $0.00
Legally Yours
Legally YoursManasi Chaudhari8h 52m4.7 (223)$29 · $0.00
Balcony Over Jerusalem: A Middle East Memoir - Israel, Palestine and Beyond
Balcony Over Jerusalem: A Middle East Memoir - Israel, Palestine and BeyondJohn Lyons12h 37m4.6 (1.4K)$33 · $0.00
Rigged
RiggedMollie Hemingway12h 48m4.6 (4.2K)$23 · $0.00
The Thomas Sowell Reader
The Thomas Sowell ReaderThomas Sowell14h 51m4.6 (2.3K)$25
Sledgehammer
SledgehammerDavid Friedman8h 21m4.7 (589)$26 · $0.00
So You Want to Talk about Race
So You Want to Talk about RaceIjeoma Oluo7h 41m4.6 (146.2K)$17
Citizenship in a Republic (Annotated)
Citizenship in a Republic (Annotated)Theodore Roosevelt2h 44m4.6 (1.4K)$2 · $0.00
No Escape
No EscapeNury Turkel9h 30m4.6 (809)$28 · $0.00
In Defense of the Second Amendment
In Defense of the Second AmendmentLarry Correia6h 50m4.6 (866)$17
Always Faithful
Always FaithfulThomas Schueman, Zainullah Zaki12h 12m4.6 (977)$29 · $0.00
Unthinkable
UnthinkableJamie Raskin15h 8m4.5 (9.3K)$8 · $0.00
The Manbook
The ManbookNick Freitas5h 43m4.7 (171)$24 · $0.00
My Fourth Time, We Drowned
My Fourth Time, We DrownedSally Hayden13h 59m4.6 (2.9K)$23 · $0.00
A Revolution of Common Sense
A Revolution of Common SenseScott Jennings9h 29m4.6 (528)$29 · $0.00
Statement From the Dock at the Rivonia Trial
Statement From the Dock at the Rivonia TrialNelson Mandela2h 18m4.6 (1.3K)$1 · $0.00
Lessons from the Edge
Lessons from the EdgeMarie Yovanovitch17h 11m4.5 (5.9K)$40 · $0.00
The Essential Works of George Orwell
The Essential Works of George OrwellGeorge Orwell115h 42m4.5 (2.3K)$1 · $0.00

You may also like

Pete the Cat's Not So Groovy Day
Pete the Cat's Not So Groovy DayJames Dean, Kimberly Dean7m4.3 (282)$4 · $0.00
Writer to Writer
Writer to WriterGail Carson Levine5h 40m4.2 (1.1K)$24 · $0.00
The 4 Percent Universe
The 4 Percent UniverseRichard Panek10h 7m4.0 (9.5K)$20
Pete the Cat and the Missing Cupcakes
Pete the Cat and the Missing CupcakesJames Dean, Kimberly Dean5m4.5 (16K)$4 · $0.00
Fancy Nancy: The 100th Day of School
Fancy Nancy: The 100th Day of SchoolJane O'Connor7m4.2 (2K)$4 · $0.00
No More Noisy Nights
No More Noisy NightsHolly Niner5m4.2 (276)$5 · $0.00
WHY DO CLOCKS RUN CLOCKWISE
WHY DO CLOCKS RUN CLOCKWISEDavid Feldman58m3.8 (2.3K)$11 · $0.00
Spooky Action at a Distance
Spooky Action at a DistanceGeorge Musser8h 37m3.9 (1.7K)$20
Where Do Balloons Go?
Where Do Balloons Go?Jamie Lee Curtis4m4.0 (1.2K)$4 · $0.00
Pinkalicious and the Cupcake Calamity
Pinkalicious and the Cupcake CalamityVictoria Kann5m4.2 (18.2K)$4 · $0.00
Odd Owls & Stout Pigs
Odd Owls & Stout PigsArnold Lobel10m3.7 (217)$4 · $0.00
Short-story masterpieces: French
Short-story masterpieces: FrenchVarious3h 18m$2 · $0.00
God after Einstein
God after EinsteinJohn F. Haught9h 1m4.0 (88)$20 · $0.00
The Heritage of the Sioux
The Heritage of the SiouxB. M. Bower6h 22m3.5 (31)$7 · $0.00
The Money Pit, Vol. 2
The Money Pit, Vol. 2Tom Kraeutler, Leslie Segrete9h 42m$20
The Money Pit, Vol. 10
The Money Pit, Vol. 10Tom Kraeutler, Leslie Segrete10h 9m$20
Information Please, Vol. 1
Information Please, Vol. 1Black Eye Entertainment7h 41m$20
Welcome To Accident
Welcome To AccidentTheobaldo Vieira Monteiro1m$6 · $0.00
Gout, with a section on ocular disease in the gouty
Gout, with a section on ocular disease in the goutyLlewellyn J. Llewellyn20h 5m$2 · $0.00
An Introductory Course of Quantitative Chemical Analysis
An Introductory Course of Quantitative Chemical AnalysisHenry Paul Talbot7h 3m$2 · $0.00