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Basic Question 1 of 2
Elements that are unique in the initial company research reports and not in the subsequent ones are:
II. financial analysis and model
III. valuation
IV. ESG considerations
I. industry overview and competitive positioning
II. financial analysis and model
III. valuation
IV. ESG considerations
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
describe the elements that should be covered in a thorough company research report
CFA® 2025 Level I Curriculum, Volume 3, Module 5.