Subject: What is CFA good for, CFA Friends, Accounting career & CPA spotlight

How do you depress stated inventory value in your company books? ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  

8 articles • 72d to Nov'26 • 175d to Feb'27 • 253d to May'27

  • What is CFA actually good for? With August exams wrapped up, here's a timely read on what the CFA charter actually opens up career-wise - roles, sectors, and where it carries the most weight. Plus our guide on combining CFA & FRM for those already thinking about what's next.

  • Friends CFA Meme Challenge: Our most popular study-break series. The first 3 seasons of every Friends episode reimagined as CFA exam memes. It's pretty random. But when you're fairly knowledgable about two topics, sometimes you want to combine them!

  • Accounting career and CPA spotlight: Considering the CPA as your next qualification? We cover the full accounting career path, all CPA exam dates & score release windows, and a complete state-by-state breakdown of CPA requirements across all 55 jurisdictions

Read, and remember to comment!
Zee Tan, 300Hours

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Do you know this? Under US GAAP, an analyst notices that a firm’s stated inventory value has barely moved despite a decade of severe cumulative inflation. What inventory accounting method is the CFO using to quietly defer their tax liabilities?


Answer at the end of this email!

What Is CFA Good For? A Quick Look At Job Roles & Sectors

What Is CFA Good For? A Quick Look At Job Roles & Sectors

Zee Tan • Career Advice

Wondering if the CFA charter is worth the grind? It's more than just a credential; it's a mark of expertise and dedication in the investment industry. We break down the practical benefits, from opening doors to new career opportunities to enhancing your professional credibility globally.

What is it good for ➔

CFA And FRM: Best Way To Get Both Quickly

CFA And FRM: Best Way To Get Both Quickly

Aakanksha • CFA

The challenge of taking up two finance qualifications seemed impossible to me, at that time, with 5 levels of exams, each demanding an average of 300 hours of study time. Having completed this feat in just under 3 years, I’m glad to report that it is possible, with just a little bit of planning.

How to do CFA + FRM ➔

Your Best Chance to Pass the CFA Exam Starts with Schweser

AdYour Best Chance to Pass the CFA Exam Starts with Schweser

Kaplan Schweser • Prep Providers

CFA candidates who use Schweser are more likely to pass because our study packages include quality study tools, expert guidance, and PassProtection.

Choose Your Study Package ➔

Reach Key Insights Faster

AdReach Key Insights Faster

UWorld CFA • Prep Providers

Concise explanations highlight the core idea behind each question so you can quickly understand even complex topics.

Start for Free ➔

CFA Exam Memes: Every Friends Season 1 Episode

CFA Exam Memes: Every Friends Season 1 Episode

Zee Tan • CFA

Can I find CFA-relevant quotes from every episode in Friends Season 1?

Let's find out ➔

CFA Exam Memes: Every Friends Season 2 Episode

CFA Exam Memes: Every Friends Season 2 Episode

Zee Tan • CFA

Can I find CFA-relevant quotes from every episode in Friends Season 2?

Yes, but why? ➔

Profit Maximization (for the CFA Level 1 Exam)

AdProfit Maximization (for the CFA Level 1 Exam)

Let Me Explain • Prep Providers

This video focuses on profit maximization (for the CFA Level 1 exam):

  • average and marginal revenue (AR and MR) curves
  • average fixed, average variable, average total and marginal cost (AFC, AVC, ATC and MC) curves, facing firms which operate under conditions of perfect and imperfect competition
  • criteria for choosing a level of output for which profits are maximized

Profit maximisation for CFA L1 ➔

Advance your career with a FMVA certification

AdAdvance your career with a FMVA certification

Corporate Finance Institute • Other Qualifications

100 hours of professional Wall Street training material. 24 courses and certificates included. 20+ financial models & templates.

Special rate for 300Hours readers ➔

CFA Exam Memes: Every Friends Season 3 Episode

CFA Exam Memes: Every Friends Season 3 Episode

Zee Tan • CFA

Can I find CFA-relevant quotes from every episode in Friends Season 3?

Unifying two topics of expertise ➔

Accounting Career Path: Roles, Salaries, Progression

Accounting Career Path: Roles, Salaries, Progression

Sophie Macon • Career Advice

If you’re interested in pursuing accounting as a career, you’ll find a broad range of opportunities. From working for one of the Big Four firms, to running your own practice or using your skills in almost any industry you wish, accountants are always in demand. What sets accountants apart from the rest of the finance careers is that an accountancy qualification is typically mandatory for the field to progress.

Is accounting right for you? To answer that, here’s an in-depth look at the accounting career path and what it entails, from salaries, career progression, outlook and exit options.

All about the accounting career path ➔

CPA Exam Dates & Score Release: Your Master Plan

CPA Exam Dates & Score Release: Your Master Plan

Sophie Macon • CPA

CPA exam dates and results dates can be challenging to track down. We've kept it all in one place for you.

CPA important dates ➔

CPA Requirements By State: A Quick & Complete Guide

CPA Requirements By State: A Quick & Complete Guide

Sophie Macon • CPA

Becoming a CPA means navigating a patchwork of rules, as each U.S. state has its own specific twists on the core education, exam, and experience requirements. Don't get caught off guard by state-specific nuances, from differing exam eligibility hours to ethics exam mandates. Our comprehensive guide cuts through the complexity, laying out exactly what you'll need to earn your CPA license in any U.S. jurisdiction.

Find your state's rules ➔

More guides, tips and stories ➔

Answer to Quick Question: LIFO (Last-In, First-Out). Under LIFO during inflationary periods, the most recent (and expensive) purchases are charged to the Cost of Goods Sold, lowering taxable net income. The balance sheet, meanwhile, remains populated with older, cheaper inventory costs—sometimes leaving raw materials carrying valuations from the early 2000s.

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