The CFA Institute is a global, not for profit professional body. The predecessor of the CFA Institut

Association for Investment Management and Research (AIMR).

Answer]: ACFA (Chartered Financial Analyst) is a global non-historical for-profit professional organization responsible for managing CFA courses and assessment programs around the world, and is the first to develop professional conduct and investment performance reporting standards for the investment industry, headquartered in the United States.

CFA qualifications are awarded to professionals in a wide range of investment areas, including managers, analysts, financial controllers, investment advisors, investment bankers, traders, and many more. CFA requires holders to establish a rigorous and extensive financial knowledge system, and master the theoretical and practical knowledge of all core areas of the financial investment industry, including the grasp of basic concepts, the use of analytical tools, as well as asset allocation and portfolio management.

There are three levels of exams that need to be passed to demonstrate a candidate's mastery of knowledge. Since the CFA qualifying exam is conducted in English, candidates should first have financial literacy, as well as good professional reading skills in English for non-native English speaking professionals. CFA's body of knowledge is a dynamic reflection of the evolving theories and practices of the global investment industry.

Another feature of CFA programs is integrity. The trust that investors place in asset managers and financial analysts stems from CFA charterholders' ongoing adherence to ethical standards and the establishment and maintenance of their image of integrity in the global investment community.

Under the current system, CFA examiners are conducted by a committee of examiners and a CFA panel of more than 100 CFA charter holders, with the assistance of CFA staff.

The CFA Question Panel is constantly updated with exam questions and is rigorously reviewed by the Examiner Board, CFA Question Panel members, volunteers, and CFA Association staff for hundreds of hours.

As the version of the exam questions is finalized, CFA staff conduct review meetings with CFA charter holders around the world. Participants will ensure that the questions are clear and concise, that they do not make value judgments about different cultures, and that the examples are in line with the investment practices of each country, so that candidates from all over the world can take the test with a fair standard. Based on the feedback above, the question maker will make changes to the test questions before they are printed.

Finally, in order to make the questions consistent at the global level, from setting to grading, the exam is conducted in English.