Ethics Crunch Time

[rexthedog]

Ah Ethics. That beautiful topic we all leave to the end because we assume ‘its just some light reading’. How hard can it be? We all know when things are unethical. This should be nice and straight forward.
Begins CFA ethics topic tests……0/6, 1/6 1/6.. etc etc
Ethics is a bizarre one. I did all the CFA EOC questions (not the item set ones) and scored about 85% but then as soon as it transitioned into Vignette format I lost the plot.
I know this topic is beaten to death but I am really curious to know from people (especially people that started this subject poorly and now are scoring highly) what route you took? CFA EOC? Topic Tests? Reading the CFA Example boxes?

 

[krokodilizm]

The reason an ethical person still struggles with these questions is the key to cracking it. That means there is a framework, like IFRS, that needs to be followed. You can’t use logic to deduce IFRS provisions right? (how to impair goodwill etc). Similarly with ethics there are a lot of protocols to remember.
Let me put it this way: The whole curriculum is programmable and a computer will ace it.

 

[JeffO15]

It’s so hard because there are so many different layers. Required vs recommend. IPos are covered two different ways. Under one no one can participate in another it’s just companies and industries the analyst covers. You have to know so much for a seemingly simple section. It’s not simple at all