Financial Analyst Accounting Background
Many professionals become a financial analyst with an accounting background, as the accounting experience gives them a very strong understanding of financial statementsThree Financial StatementsThe three financial statements are the income statement, the balance sheet, and the statement of cash flows. These three core statements are, journal entries, and analysis. The main difference between a financial analyst vs accounting role is that analysts look at the future, while accountants look at the past. The most common credential for accountants is the CPACPA vs CFA®When considering a career in corporate finance or the capital markets you will often hear people asking, “Should I get a CPA or CFA?” and “Which is better?”. In this article, we will outline the similarities and differences of the CPA vs CFA designations and try to steer you in the right direction about, while the most common credential for an analyst is a Bachelor’s degree plus a professional certification such as the FMVABecome a Certified Financial Modeling & Valuation Analyst (FMVA)®CFI's Financial Modeling and Valuation Analyst (FMVA)® certification will help you gain the confidence you need in your finance career. Enroll today! or an MBA degree.
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