This is a free, full length Financial Statement Analysis practice set for the 2026 CFA Level 1 exam, with 100 questions in the same format and difficulty as the real paper. Financial Statement Analysis carries an exam weight of 11 to 14 percent of CFA Level 1, so it is worth benchmarking your score here before deciding where the rest of your study time goes. No signup is needed to attempt Set 1.
The questions span income statements, balance sheets, cash flow statements, inventories, long lived assets, income taxes, non current liabilities and financial reporting quality. Every question is written to the current 2026 Level 1 curriculum, which is unchanged from 2025, so your score is a fair read on where you stand today.
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CFA Level 1 candidates preparing for the 2026 exam who want to benchmark their Financial Statement Analysis score before the final revision phase. | 180 | Free | 100 | 100 | 70 | 0 | - | Start Free |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
You have seen what Set 1 looks like. Sets 2 to 10 are where the real preparation happens: 900 more Financial Statement Analysis questions, every one with a worked explanation.
Financial Statement Analysis is one of the three heavyweight topics at Level 1 and it underpins Equity Investments as well, so time invested here pays twice. Inventory and long lived asset questions are the most common source of avoidable errors.
Attempt this set under timed conditions, then use your topic report card to decide what to revise rather than restudying everything evenly. Sets 2 to 10 extend this bank to 1,000 Financial Statement Analysis questions. You can browse every topic and full length paper on the CFA exam mock tests hub.