Kunal Doshi, CFA, has released a new recorded lecture for CFA Level 2 candidates focusing on Reading 5: Quality of Financial Reports within the Financial Statement Analysis topic. The video, part of the 2025 batch, aims to help students assess the quality of financial reporting.
The lecture covers key concepts such as:
- Accrual accounting and its role in measuring financial performance
- Indicators of high-quality versus low-quality earnings
- Cash flow analysis to detect earnings manipulation
- Red flags in financial statements, including aggressive revenue recognition and off-balance-sheet financing
A disclaimer notes that the content is based on the 2025 curriculum and may not align fully with later updates. For 2026 exams, candidates are advised to enroll in the latest course with structured notes and practice questions.
The video is available on the Kunal Doshi, CFA YouTube channel, where subscribers can access it as part of an affordable subscription tier.