Some of these changes are as follows: 1  The Church was no longer independent from the state. 2  They reached the end of feudalism. 3  The people of France gained rights and liberties, along with legal equality. 4  Women gained some power; mainly a voice for political and social rights.
The CFA Program includes a series of three exams; Levels I, II, and III. Are offered annually â at test centers around the world â on the first Saturday in June. The Level I exam is also offered in December.
CFA or CPA: Exam Content and Format. CPA. There are 4 exam sections: Financial Accounting & Reporting, Audit & Attestation, Regulation and Business Environment & Concepts. The exam is 100% computerized consisting of multiple choice questions, task-based simulations (case studies) and written communications.