CFA after CPA

[prkapoor]

How much does a CPA help you while studying for CFA?
After passing the CPA exam early last year, I have finally taken the plunge and registered for the CFA exam -June 16.
I have gone through a couple of readings of financial reporting and analysis section and it seems that I have covered quite a bit while stuidying for the CPA.
Not that the two are related, but just anxious to know, if it would just ease out the burden of going through so much content (studying the CFAI issued material).

 

[dwheats]

financial reporting is a big portion of level 1 and level 2 and often requires the most memorization in the program.
you will have a huge advantage. but you still need to study hard

 

[PMS110]

I’m a CPA. I was also a financial statement auditor for a large firm for 4 years. Huge advantage. It made much of L1 and L2 nothing more than a review. I passed all 3 levels on the first attempt and I attibute much of that to being a CPA. If I had known how much overlap there is I would have done it much sooner. The overlap goes well beyond just the FRA topic. It’s also a big part of corporate finance, FI and Equity valuation.