{"id":11429,"date":"2026-09-24T09:00:00","date_gmt":"2026-09-24T00:00:00","guid":{"rendered":"https:\/\/triumphmind.com\/cfa\/?p=11429"},"modified":"2026-09-24T18:41:30","modified_gmt":"2026-09-24T09:41:30","slug":"cfa-l2-fsa-glossary","status":"publish","type":"post","link":"https:\/\/triumphmind.com\/cfa\/2026\/09\/24\/cfa-l2-fsa-glossary\/","title":{"rendered":"\u3010CFA\u00ae\ufe0e L2 FSA \u7528\u8a9e\u96c6\u3011Financial Statement Analysis \u306e\u91cd\u8981\u7528\u8a9e55\u8a9e\uff5c\u82f1\u8a9e\u30fb\u65e5\u672c\u8a9e\u8a33\u30fb\u610f\u5473\u3092\u5358\u5143\u5225\u306b\u6574\u7406"},"content":{"rendered":"<style> .cfagl-nav{background:#f6f7fb;border-radius:6px;padding:1em 1.2em;margin:1em 0;line-height:1.9;word-break:normal;overflow-wrap:anywhere} .cfagl-nav a{display:block;margin:.15em 0} .cfagl-lm{font-size:.9em;margin:.2em 0 1em} .cfagl-t{border:1px solid #d5d9e3;border-left:4px solid #172152;border-radius:4px;padding:.75em 1em;margin:0 0 .8em;background:#fff} .cfagl-t .en{display:block;font-weight:bold;color:#172152;line-height:1.5;word-break:normal;overflow-wrap:anywhere} .cfagl-t .ja{display:block;font-size:.9em;color:#555;margin:.15em 0 .4em;line-height:1.5} .cfagl-t .df{display:block;line-height:1.75} .cfafm-c{border:1px solid #d5d9e3;border-top:4px solid #172152;border-radius:4px;padding:.9em 1em;margin:0 0 1.2em;background:#fff} .cfafm-c .nm{display:block;font-weight:bold;color:#172152;line-height:1.5} .cfafm-c .ne{display:block;font-size:.85em;color:#667;margin-bottom:.5em;word-break:normal;overflow-wrap:anywhere} .cfafm-x{background:#f6f7fb;border-radius:4px;padding:.6em .8em;margin:.4em 0 .7em;overflow-x:auto;overflow-y:hidden;-webkit-overflow-scrolling:touch} .cfafm-x .katex-display{margin:.3em 0!important} .cfafm-lg{margin:.3em 0 .6em;padding:0;font-size:.92em} .cfafm-lg div{display:flex;gap:.8em;padding:.25em 0;border-bottom:1px dotted #d5d9e3;line-height:1.6} .cfafm-lg .s{flex:0 0 auto;min-width:4.5em;max-width:45%;overflow-x:auto} .cfafm-lg .d{flex:1 1 auto} .cfafm-u{display:block;line-height:1.75;font-size:.95em} .cfafm-u b{color:#172152} .cfahub-g{display:grid;grid-template-columns:repeat(auto-fill,minmax(250px,1fr));gap:.8em;margin:1em 0} .cfahub-g a{display:block;border:1px solid #d5d9e3;border-left:4px solid #172152;border-radius:4px;padding:.8em 1em;background:#fff;text-decoration:none;color:#172152;line-height:1.5} .cfahub-g a .n{display:block;font-weight:bold} .cfahub-g a .j{display:block;font-size:.88em;color:#555} .cfagl-t p:empty,.cfafm-c p:empty,.cfahub-g p:empty,.cfagl-nav p:empty{display:none} .cfagl-lsc{border:2px solid #c9a227;background:#fffbea;border-radius:6px;padding:.9em 1.1em;margin:1em 0 1.4em;line-height:1.75} .cfagl-lsc b{display:block;color:#8a6d1d;margin-bottom:.3em} .cfagl-lsc a{display:inline-block;margin-top:.4em;font-weight:bold} .cfahub-g a .c{display:block;font-size:.82em;color:#8a6d1d;margin-top:.3em} <\/style>\n<div class=\"box05\">CFA\u00ae\ufe0e Level 2\u300cFinancial Statement Analysis\uff08\u8ca1\u52d9\u8af8\u8868\u5206\u6790\uff09\u300d\u3067\u4f7f\u308f\u308c\u308b\u91cd\u8981\u7528\u8a9e\u3092\u3001\u5b66\u7fd2\u5358\u5143\uff08Learning Module\uff09\u3054\u3068\u306b<strong>\u82f1\u8a9e\u30fb\u65e5\u672c\u8a9e\u8a33\u30fb\u610f\u5473<\/strong>\u306e3\u70b9\u30bb\u30c3\u30c8\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002\u51686\u5358\u5143\u30fb55\u8a9e\u3092\u53ce\u9332\u3057\u3066\u3044\u307e\u3059\u3002\u82f1\u8a9e\u306e\u5354\u4f1a\u30c6\u30ad\u30b9\u30c8\u3092\u8aad\u3080\u3068\u304d\u306e\u8f9e\u66f8\u4ee3\u308f\u308a\u306b\u304a\u4f7f\u3044\u304f\u3060\u3055\u3044\u3002<\/div>\n<div class=\"cfagl-lsc\"><b>Leveraged Support Course \u3092\u3054\u5229\u7528\u306e\u65b9\u3078<\/b>FA-Academy \u306e Leveraged Support Course\uff08LSC\uff09\u3092\u3054\u5229\u7528\u306e\u65b9\u306b\u306f\u3001\u3053\u306e\u7528\u8a9e\u96c6\u3068\u516c\u5f0f\u96c6\u3092\u30ec\u30d9\u30eb\u5225\u306b\u6574\u7406\u3057\u305f\u8cc7\u6599\uff08PDF\uff09\u3092\u304a\u6e21\u3057\u3057\u3066\u3044\u307e\u3059\u3002\u30aa\u30d5\u30e9\u30a4\u30f3\u3067\u306e\u78ba\u8a8d\u3084\u8a66\u9a13\u76f4\u524d\u306e\u898b\u76f4\u3057\u306b\u3054\u6d3b\u7528\u304f\u3060\u3055\u3044\u3002<a href=\"https:\/\/triumphmind.com\/cfa\/side_by_side\/\">Level 2 Leveraged Support Course \u306e\u8a73\u7d30\u3092\u898b\u308b<\/a><\/div>\n<h2>\u5358\u5143\uff08LM\uff09\u4e00\u89a7<\/h2>\n<div class=\"cfagl-nav\"><a href=\"#l2-fsa-g-lm1\">LM1 \u4f01\u696d\u9593\u6295\u8cc7<\/a><a href=\"#l2-fsa-g-lm2\">LM2 \u5f93\u696d\u54e1\u5831\u916c\uff1a\u9000\u8077\u5f8c\u7d66\u4ed8\u3068\u682a\u5f0f\u5831\u916c<\/a><a href=\"#l2-fsa-g-lm3\">LM3 \u591a\u56fd\u7c4d\u4f01\u696d\u306e\u4f1a\u8a08<\/a><a href=\"#l2-fsa-g-lm4\">LM4 \u91d1\u878d\u6a5f\u95a2\u306e\u5206\u6790<\/a><a href=\"#l2-fsa-g-lm5\">LM5 \u8ca1\u52d9\u5831\u544a\u306e\u8cea\u306e\u8a55\u4fa1<\/a><a href=\"#l2-fsa-g-lm6\">LM6 \u8ca1\u52d9\u8af8\u8868\u5206\u6790\u624b\u6cd5\u306e\u7d71\u5408<\/a><\/div>\n<h2>FSA \u306e\u91cd\u8981\u7528\u8a9e\uff08LM\u5225\uff09<\/h2>\n<h3 id=\"l2-fsa-g-lm1\">LM1 Intercorporate Investments\uff08\u4f01\u696d\u9593\u6295\u8cc7\uff09<\/h3>\n<div class=\"cfagl-lm\">\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u89e3\u8aac\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l2-fsa-lm1\/\">LM1 \u4f01\u696d\u9593\u6295\u8cc7<\/a><\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Significant Influence<\/div>\n<div class=\"ja\">\u91cd\u8981\u306a\u5f71\u97ff\u529b<\/div>\n<div class=\"df\">\u6295\u8cc7\u5148\u306e\u8ca1\u52d9\u30fb\u7d4c\u55b6\u65b9\u91dd\u306e\u6c7a\u5b9a\u306b\u53c2\u52a0\u3067\u304d\u308b\u304c\u3001\u652f\u914d\u306b\u306f\u81f3\u3089\u306a\u3044\u72b6\u614b\u3002\u901a\u5e38\u306f\u8b70\u6c7a\u6a29\u306e20\u301c50%\u4fdd\u6709\u304c\u76ee\u5b89\u3067\u3001\u6301\u5206\u6cd5\u3092\u9069\u7528\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Equity Method<\/div>\n<div class=\"ja\">\u6301\u5206\u6cd5<\/div>\n<div class=\"df\">\u6295\u8cc7\u984d\u3092\u53d6\u5f97\u539f\u4fa1\u3067\u8a08\u4e0a\u3057\u3001\u6295\u8cc7\u5148\u306e\u5229\u76ca\u306e\u6301\u5206\u3092\u52a0\u3048\u53d7\u53d6\u914d\u5f53\u3092\u5dee\u3057\u5f15\u3044\u3066\u8abf\u6574\u3059\u308b\u65b9\u6cd5\u3002\u8cb8\u501f\u5bfe\u7167\u8868\u30fb\u640d\u76ca\u8a08\u7b97\u66f8\u3068\u30821\u884c\u3067\u8868\u793a\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Joint Venture<\/div>\n<div class=\"ja\">\u5171\u540c\u652f\u914d\u4f01\u696d\uff08\u30b8\u30e7\u30a4\u30f3\u30c8\u30fb\u30d9\u30f3\u30c1\u30e3\u30fc\uff09<\/div>\n<div class=\"df\">\u8907\u6570\u306e\u6295\u8cc7\u8005\u304c\u5951\u7d04\u306b\u57fa\u3065\u304d\u5171\u540c\u3067\u652f\u914d\u3059\u308b\u4e8b\u696d\u4f53\u3002IFRS\u30fbUS GAAP\u3068\u3082\u539f\u5247\u3068\u3057\u3066\u6301\u5206\u6cd5\u3067\u4f1a\u8a08\u51e6\u7406\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Acquisition Method<\/div>\n<div class=\"ja\">\u53d6\u5f97\u6cd5<\/div>\n<div class=\"df\">\u4f01\u696d\u7d50\u5408\u3067\u7528\u3044\u308b\u4f1a\u8a08\u65b9\u6cd5\u3002\u88ab\u53d6\u5f97\u4f01\u696d\u306e\u8b58\u5225\u53ef\u80fd\u306a\u8cc7\u7523\u30fb\u8ca0\u50b5\u3092\u53d6\u5f97\u65e5\u306e\u516c\u6b63\u4fa1\u5024\u3067\u6e2c\u5b9a\u3057\u3001\u9023\u7d50\u8ca1\u52d9\u8af8\u8868\u306b\u5168\u984d\u3092\u8a08\u4e0a\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Goodwill<\/div>\n<div class=\"ja\">\u306e\u308c\u3093<\/div>\n<div class=\"df\">\u53d6\u5f97\u4fa1\u984d\u304c\u88ab\u53d6\u5f97\u4f01\u696d\u306e\u8b58\u5225\u53ef\u80fd\u7d14\u8cc7\u7523\u306e\u516c\u6b63\u4fa1\u5024\u3092\u4e0a\u56de\u308b\u90e8\u5206\u3002\u511f\u5374\u305b\u305a\u3001\u5c11\u306a\u304f\u3068\u3082\u5e741\u56de\u6e1b\u640d\u30c6\u30b9\u30c8\u3092\u884c\u3046\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Non-Controlling Interest (NCI)<\/div>\n<div class=\"ja\">\u975e\u652f\u914d\u6301\u5206<\/div>\n<div class=\"df\">\u9023\u7d50\u5b50\u4f1a\u793e\u306e\u7d14\u8cc7\u7523\u306e\u3046\u3061\u89aa\u4f1a\u793e\u4ee5\u5916\u306e\u682a\u4e3b\u306b\u5e30\u5c5e\u3059\u308b\u90e8\u5206\u3002\u9023\u7d50\u8cb8\u501f\u5bfe\u7167\u8868\u3067\u306f\u8cc7\u672c\u306e\u4e00\u90e8\u3068\u3057\u3066\u8868\u793a\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Full Goodwill Method<\/div>\n<div class=\"ja\">\u5168\u90e8\u306e\u308c\u3093\u6cd5<\/div>\n<div class=\"df\">\u88ab\u53d6\u5f97\u4f01\u696d\u5168\u4f53\u306e\u516c\u6b63\u4fa1\u5024\u304b\u3089\u8b58\u5225\u53ef\u80fd\u7d14\u8cc7\u7523\u306e\u516c\u6b63\u4fa1\u5024\u3092\u5dee\u3057\u5f15\u3044\u3066\u306e\u308c\u3093\u3092\u6e2c\u308b\u65b9\u6cd5\u3002\u53d6\u5f97\u5206\u3060\u3051\u3067\u6e2c\u308b\u90e8\u5206\u306e\u308c\u3093\u6cd5\u3088\u308a\u3001\u306e\u308c\u3093\u3068\u975e\u652f\u914d\u6301\u5206\u304c\u5927\u304d\u304f\u306a\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Variable Interest Entity (VIE)<\/div>\n<div class=\"ja\">\u5909\u52d5\u6301\u5206\u4e8b\u696d\u4f53\uff08VIE\uff09<\/div>\n<div class=\"df\">\u8b70\u6c7a\u6a29\u3067\u306f\u306a\u304f\u5951\u7d04\u306a\u3069\u3092\u901a\u3058\u3066\u652f\u914d\u3055\u308c\u308b\u4e8b\u696d\u4f53\u3002US GAAP\u3067\u306f\u3001\u671f\u5f85\u640d\u5931\u306e\u5927\u534a\u3092\u8ca0\u62c5\u3059\u308b\u304b\u671f\u5f85\u6b8b\u4f59\u4fbf\u76ca\u306e\u5927\u534a\u3092\u53d7\u3051\u53d6\u308b\u4e3b\u305f\u308b\u53d7\u76ca\u8005\u304c\u9023\u7d50\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Fair Value Through Other Comprehensive Income (FVOCI)<\/div>\n<div class=\"ja\">\u305d\u306e\u4ed6\u306e\u5305\u62ec\u5229\u76ca\u3092\u901a\u3058\u3066\u516c\u6b63\u4fa1\u5024\u3067\u6e2c\u5b9a\uff08FVOCI\uff09<\/div>\n<div class=\"df\">\u91d1\u878d\u8cc7\u7523\u3092\u516c\u6b63\u4fa1\u5024\u3067\u6e2c\u5b9a\u3057\u3001\u8a55\u4fa1\u5dee\u984d\u3092\u305d\u306e\u4ed6\u306e\u5305\u62ec\u5229\u76ca\u306b\u8a08\u4e0a\u3059\u308b\u5206\u985e\u3002IFRS\u3067\u306f\u8cc7\u672c\u6027\u91d1\u878d\u5546\u54c1\u306e\u5dee\u984d\u3092\u5f8c\u3067\u7d14\u5229\u76ca\u306b\u632f\u308a\u66ff\u3048\u306a\u3044\u3002<\/div>\n<\/div>\n<h3 id=\"l2-fsa-g-lm2\">LM2 Employee Compensation: Post-Employment and Share-Based\uff08\u5f93\u696d\u54e1\u5831\u916c\uff1a\u9000\u8077\u5f8c\u7d66\u4ed8\u3068\u682a\u5f0f\u5831\u916c\uff09<\/h3>\n<div class=\"cfagl-lm\">\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u89e3\u8aac\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l2-fsa-lm2\/\">LM2 \u5f93\u696d\u54e1\u5831\u916c\uff1a\u9000\u8077\u5f8c\u7d66\u4ed8\u3068\u682a\u5f0f\u5831\u916c<\/a><\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Share-Based Compensation<\/div>\n<div class=\"ja\">\u682a\u5f0f\u5831\u916c<\/div>\n<div class=\"df\">\u682a\u5f0f\u3084\u30b9\u30c8\u30c3\u30af\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3\u306a\u3069\u81ea\u793e\u682a\u5f0f\u306b\u57fa\u3065\u3044\u3066\u652f\u6255\u3046\u5f93\u696d\u54e1\u5831\u916c\u3002\u4ed8\u4e0e\u65e5\u306e\u516c\u6b63\u4fa1\u5024\u3067\u6e2c\u5b9a\u3057\u3001\u6a29\u5229\u78ba\u5b9a\u671f\u9593\u306b\u308f\u305f\u308a\u8cbb\u7528\u5316\u3057\u3066\u76f8\u624b\u52d8\u5b9a\u3092\u8cc7\u672c\u306b\u8a08\u4e0a\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Restricted Stock Unit (RSU)<\/div>\n<div class=\"ja\">\u8b72\u6e21\u5236\u9650\u4ed8\u682a\u5f0f\u30e6\u30cb\u30c3\u30c8\uff08RSU\uff09<\/div>\n<div class=\"df\">\u4e00\u5b9a\u306e\u6761\u4ef6\u3092\u6e80\u305f\u3059\u3068\u666e\u901a\u682a\u5f0f\u3092\u53d7\u3051\u53d6\u308c\u308b\u6a29\u5229\u3002\u516c\u6b63\u4fa1\u5024\u306f\u4ed8\u4e0e\u65e5\u306e\u682a\u4fa1\u3067\u6e2c\u5b9a\u3057\u3001\u6a29\u5229\u78ba\u5b9a\u6642\u306b\u682a\u5f0f\u3078\u8ee2\u63db\u3055\u308c\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Employee Stock Option<\/div>\n<div class=\"ja\">\u5f93\u696d\u54e1\u30b9\u30c8\u30c3\u30af\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3<\/div>\n<div class=\"df\">\u5f93\u696d\u54e1\u304c\u4e00\u5b9a\u671f\u9593\u3001\u6c7a\u3081\u3089\u308c\u305f\u4fa1\u683c\u3067\u81ea\u793e\u682a\u5f0f\u3092\u8cfc\u5165\u3067\u304d\u308b\u6a29\u5229\u3002\u516c\u6b63\u4fa1\u5024\u306f\u30aa\u30d7\u30b7\u30e7\u30f3\u8a55\u4fa1\u30e2\u30c7\u30eb\u3067\u898b\u7a4d\u3082\u308a\u3001\u884c\u4f7f\u6642\u306b\u306f\u73fe\u91d1\u306e\u6d41\u5165\u3068\u682a\u5f0f\u306e\u767a\u884c\u304c\u751f\u3058\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Vesting Period<\/div>\n<div class=\"ja\">\u6a29\u5229\u78ba\u5b9a\u671f\u9593<\/div>\n<div class=\"df\">\u682a\u5f0f\u5831\u916c\u306e\u53d7\u7d66\u6a29\u304c\u78ba\u5b9a\u3059\u308b\u307e\u3067\u306e\u671f\u9593\u3002\u4ed8\u4e0e\u65e5\u306b\u6e2c\u5b9a\u3057\u305f\u516c\u6b63\u4fa1\u5024\u3092\u3001\u3053\u306e\u671f\u9593\u306b\u308f\u305f\u3063\u3066\u5831\u916c\u8cbb\u7528\u3068\u3057\u3066\u914d\u5206\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Defined Contribution Plan<\/div>\n<div class=\"ja\">\u78ba\u5b9a\u62e0\u51fa\u5236\u5ea6<\/div>\n<div class=\"df\">\u4f01\u696d\u304c\u62e0\u51fa\u984d\u3060\u3051\u3092\u7d04\u675f\u3057\u3001\u5c06\u6765\u306e\u7d66\u4ed8\u984d\u306f\u904b\u7528\u6210\u679c\u3067\u6c7a\u307e\u308b\u9000\u8077\u5f8c\u7d66\u4ed8\u5236\u5ea6\u3002\u4f01\u696d\u306f\u62e0\u51fa\u984d\u3092\u8cbb\u7528\u3068\u3057\u3001\u904b\u7528\u30ea\u30b9\u30af\u306f\u5f93\u696d\u54e1\u304c\u8ca0\u3046\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Defined Benefit Plan<\/div>\n<div class=\"ja\">\u78ba\u5b9a\u7d66\u4ed8\u5236\u5ea6<\/div>\n<div class=\"df\">\u4f01\u696d\u304c\u5c06\u6765\u306e\u7d66\u4ed8\u984d\u3092\u7d04\u675f\u3059\u308b\u9000\u8077\u5f8c\u7d66\u4ed8\u5236\u5ea6\u3002\u904b\u7528\u30ea\u30b9\u30af\u3068\u6570\u7406\u30ea\u30b9\u30af\u3092\u4f01\u696d\u304c\u8ca0\u3046\u305f\u3081\u3001\u50b5\u52d9\u306e\u6e2c\u5b9a\u3068\u4f1a\u8a08\u51e6\u7406\u304c\u8907\u96d1\u306b\u306a\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Defined Benefit Obligation (DBO)<\/div>\n<div class=\"ja\">\u78ba\u5b9a\u7d66\u4ed8\u50b5\u52d9<\/div>\n<div class=\"df\">\u5f93\u696d\u54e1\u304c\u3059\u3067\u306b\u63d0\u4f9b\u3057\u305f\u5f79\u52d9\u306b\u5bfe\u3057\u3066\u5c06\u6765\u652f\u6255\u3046\u7d66\u4ed8\u306e\u73fe\u5728\u4fa1\u5024\u3002\u5272\u5f15\u7387\u304c\u4f4e\u4e0b\u3059\u308b\u3068\u5897\u52a0\u3059\u308b\u3002US GAAP\u306ePBO\u306b\u76f8\u5f53\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Funded Status<\/div>\n<div class=\"ja\">\u7a4d\u7acb\u72b6\u6cc1<\/div>\n<div class=\"df\">\u78ba\u5b9a\u7d66\u4ed8\u5236\u5ea6\u306e\u5236\u5ea6\u8cc7\u7523\u306e\u516c\u6b63\u4fa1\u5024\u304b\u3089\u78ba\u5b9a\u7d66\u4ed8\u50b5\u52d9\u3092\u5dee\u3057\u5f15\u3044\u305f\u984d\u3002\u30de\u30a4\u30ca\u30b9\u306a\u3089\u7a4d\u7acb\u4e0d\u8db3\u3068\u3057\u3066\u7d14\u8ca0\u50b5\u3001\u30d7\u30e9\u30b9\u306a\u3089\u7d14\u8cc7\u7523\u3092\u8a08\u4e0a\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Service Cost<\/div>\n<div class=\"ja\">\u52e4\u52d9\u8cbb\u7528<\/div>\n<div class=\"df\">\u5f53\u671f\u306b\u5f93\u696d\u54e1\u304c\u63d0\u4f9b\u3057\u305f\u5f79\u52d9\u306b\u3088\u3063\u3066\u5897\u52a0\u3057\u305f\u78ba\u5b9a\u7d66\u4ed8\u50b5\u52d9\u306e\u73fe\u5728\u4fa1\u5024\u3002\u5e74\u91d1\u8cbb\u7528\u306e\u4e2d\u5fc3\u7684\u306a\u69cb\u6210\u8981\u7d20\u3067\u3001\u640d\u76ca\u306b\u8a08\u4e0a\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Remeasurement<\/div>\n<div class=\"ja\">\u518d\u6e2c\u5b9a<\/div>\n<div class=\"df\">IFRS\u306e\u78ba\u5b9a\u7d66\u4ed8\u5236\u5ea6\u3067\u3001\u6570\u7406\u8a08\u7b97\u4e0a\u306e\u5dee\u7570\u3084\u5236\u5ea6\u8cc7\u7523\u306e\u5b9f\u969b\u53ce\u76ca\u3068\u7d14\u5229\u606f\u90e8\u5206\u306e\u5dee\u306a\u3069\u304b\u3089\u751f\u3058\u308b\u5909\u52d5\u3002\u305d\u306e\u4ed6\u306e\u5305\u62ec\u5229\u76ca\u306b\u8a08\u4e0a\u3057\u3001\u640d\u76ca\u306b\u306f\u632f\u308a\u66ff\u3048\u306a\u3044\u3002<\/div>\n<\/div>\n<h3 id=\"l2-fsa-g-lm3\">LM3 Multinational Operations\uff08\u591a\u56fd\u7c4d\u4f01\u696d\u306e\u4f1a\u8a08\uff09<\/h3>\n<div class=\"cfagl-lm\">\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u89e3\u8aac\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l2-fsa-lm3\/\">LM3 \u591a\u56fd\u7c4d\u4f01\u696d\u306e\u4f1a\u8a08<\/a><\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Local Currency<\/div>\n<div class=\"ja\">\u73fe\u5730\u901a\u8ca8<\/div>\n<div class=\"df\">\u4f01\u696d\u304c\u6240\u5728\u3059\u308b\u56fd\u306e\u901a\u8ca8\u3002\u591a\u304f\u306e\u5834\u5408\u306f\u6a5f\u80fd\u901a\u8ca8\u3068\u4e00\u81f4\u3059\u308b\u304c\u3001\u4e8b\u696d\u306e\u5b9f\u614b\u306b\u3088\u3063\u3066\u306f\u7570\u306a\u308b\u3053\u3068\u304c\u3042\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Functional Currency<\/div>\n<div class=\"ja\">\u6a5f\u80fd\u901a\u8ca8<\/div>\n<div class=\"df\">\u4f01\u696d\u304c\u4e8b\u696d\u3092\u884c\u3046\u4e3b\u305f\u308b\u7d4c\u6e08\u74b0\u5883\u306e\u901a\u8ca8\u3002\u58f2\u4e0a\u30fb\u8cbb\u7528\u30fb\u8cc7\u91d1\u8abf\u9054\u306e\u4e3b\u306a\u901a\u8ca8\u304b\u3089\u5224\u65ad\u3057\u3001\u5728\u5916\u5b50\u4f1a\u793e\u306e\u63db\u7b97\u65b9\u6cd5\u3092\u6c7a\u3081\u308b\u57fa\u6e96\u3068\u306a\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Presentation Currency<\/div>\n<div class=\"ja\">\u8868\u793a\u901a\u8ca8<\/div>\n<div class=\"df\">\u8ca1\u52d9\u8af8\u8868\u3092\u8868\u793a\u3059\u308b\u901a\u8ca8\u3002\u89aa\u4f1a\u793e\u306e\u5834\u5408\u306f\u901a\u5e38\u3001\u6240\u5728\u56fd\u306e\u901a\u8ca8\u304c\u7528\u3044\u3089\u308c\u3001\u5728\u5916\u5b50\u4f1a\u793e\u306e\u8ca1\u52d9\u8af8\u8868\u306f\u3053\u306e\u901a\u8ca8\u306b\u63db\u7b97\u3057\u3066\u9023\u7d50\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Foreign Currency Transaction Gain or Loss<\/div>\n<div class=\"ja\">\u5916\u8ca8\u5efa\u53d6\u5f15\u306e\u70ba\u66ff\u5dee\u640d\u76ca<\/div>\n<div class=\"df\">\u5916\u8ca8\u5efa\u306e\u50b5\u6a29\u30fb\u50b5\u52d9\u306b\u3064\u3044\u3066\u3001\u53d6\u5f15\u65e5\u304b\u3089\u6c7a\u7b97\u65e5\u307e\u305f\u306f\u6c7a\u6e08\u65e5\u307e\u3067\u306e\u70ba\u66ff\u5909\u52d5\u3067\u751f\u3058\u308b\u640d\u76ca\u3002\u7d14\u5229\u76ca\u306b\u8a08\u4e0a\u3057\u3001\u6c7a\u7b97\u65e5\u6642\u70b9\u306e\u5206\u306f\u672a\u5b9f\u73fe\u3068\u306a\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Current Rate Method<\/div>\n<div class=\"ja\">\u30ab\u30ec\u30f3\u30c8\u30fb\u30ec\u30fc\u30c8\u6cd5<\/div>\n<div class=\"df\">\u8cc7\u7523\u30fb\u8ca0\u50b5\u3092\u6c7a\u7b97\u65e5\u30ec\u30fc\u30c8\u3001\u53ce\u76ca\u30fb\u8cbb\u7528\u3092\u5e73\u5747\u30ec\u30fc\u30c8\u3067\u63db\u7b97\u3059\u308b\u65b9\u6cd5\u3002\u5728\u5916\u5b50\u4f1a\u793e\u306e\u6a5f\u80fd\u901a\u8ca8\u304c\u73fe\u5730\u901a\u8ca8\u306e\u5834\u5408\u306b\u7528\u3044\u3001\u63db\u7b97\u5dee\u984d\u306f\u8cc7\u672c\u306b\u7d2f\u7a4d\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Temporal Method<\/div>\n<div class=\"ja\">\u30c6\u30f3\u30dd\u30e9\u30eb\u6cd5<\/div>\n<div class=\"df\">\u8ca8\u5e63\u6027\u9805\u76ee\u3092\u6c7a\u7b97\u65e5\u30ec\u30fc\u30c8\u3001\u975e\u8ca8\u5e63\u6027\u9805\u76ee\u3092\u53d6\u5f97\u6642\u30ec\u30fc\u30c8\u3067\u63db\u7b97\u3059\u308b\u65b9\u6cd5\u3002\u6a5f\u80fd\u901a\u8ca8\u304c\u89aa\u4f1a\u793e\u306e\u8868\u793a\u901a\u8ca8\u306e\u5834\u5408\u306b\u7528\u3044\u3001\u63db\u7b97\u5dee\u984d\u306f\u7d14\u5229\u76ca\u306b\u8a08\u4e0a\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Cumulative Translation Adjustment (CTA)<\/div>\n<div class=\"ja\">\u70ba\u66ff\u63db\u7b97\u8abf\u6574\u52d8\u5b9a\uff08CTA\uff09<\/div>\n<div class=\"df\">\u30ab\u30ec\u30f3\u30c8\u30fb\u30ec\u30fc\u30c8\u6cd5\u3067\u751f\u3058\u308b\u63db\u7b97\u5dee\u984d\u3092\u8cc7\u672c\u306e\u72ec\u7acb\u9805\u76ee\u306b\u7d2f\u7a4d\u3057\u305f\u3082\u306e\u3002\u5728\u5916\u4e8b\u696d\u3092\u51e6\u5206\u3057\u305f\u6642\u70b9\u3067\u640d\u76ca\u306b\u632f\u308a\u66ff\u3048\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Balance Sheet Exposure<\/div>\n<div class=\"ja\">\u8cb8\u501f\u5bfe\u7167\u8868\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc<\/div>\n<div class=\"df\">\u6c7a\u7b97\u65e5\u30ec\u30fc\u30c8\u3067\u63db\u7b97\u3059\u308b\u8cc7\u7523\u3068\u8ca0\u50b5\u306e\u5dee\u984d\u3002\u30ab\u30ec\u30f3\u30c8\u30fb\u30ec\u30fc\u30c8\u6cd5\u3067\u306f\u7d14\u8cc7\u7523\u3001\u30c6\u30f3\u30dd\u30e9\u30eb\u6cd5\u3067\u306f\u7d14\u8ca8\u5e63\u6027\u8cc7\u7523\uff08\u8ca0\u50b5\uff09\u304c\u3053\u308c\u306b\u3042\u305f\u308a\u3001\u63db\u7b97\u5dee\u984d\u306e\u65b9\u5411\u3092\u6c7a\u3081\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Hyperinflationary Economy<\/div>\n<div class=\"ja\">\u8d85\u30a4\u30f3\u30d5\u30ec\u7d4c\u6e08<\/div>\n<div class=\"df\">\u7269\u4fa1\u304c\u6025\u6fc0\u306b\u4e0a\u6607\u3057\u901a\u8ca8\u4fa1\u5024\u304c\u5927\u304d\u304f\u4e0b\u304c\u308b\u7d4c\u6e08\u3002US GAAP\u3067\u306f3\u5e74\u7d2f\u8a08\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u7d04100%\u8d85\u3092\u76ee\u5b89\u3068\u3057\u3001IFRS\u3068US GAAP\u3067\u63db\u7b97\u65b9\u6cd5\u304c\u7570\u306a\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Organic Growth<\/div>\n<div class=\"ja\">\u30aa\u30fc\u30ac\u30cb\u30c3\u30af\u6210\u9577<\/div>\n<div class=\"df\">\u70ba\u66ff\u306e\u5f71\u97ff\u3084\u8cb7\u53ce\u30fb\u58f2\u5374\u306b\u3088\u308b\u5909\u5316\u3092\u9664\u3044\u305f\u3001\u6570\u91cf\u3084\u4fa1\u683c\u306e\u5909\u5316\u306b\u3088\u308b\u58f2\u4e0a\u9ad8\u306e\u6210\u9577\u3002\u70ba\u66ff\u8981\u56e0\u306e\u6210\u9577\u3088\u308a\u6301\u7d9a\u6027\u304c\u9ad8\u3044\u3068\u8003\u3048\u3089\u308c\u308b\u3002<\/div>\n<\/div>\n<h3 id=\"l2-fsa-g-lm4\">LM4 Analysis of Financial Institutions\uff08\u91d1\u878d\u6a5f\u95a2\u306e\u5206\u6790\uff09<\/h3>\n<div class=\"cfagl-lm\">\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u89e3\u8aac\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l2-fsa-lm4\/\">LM4 \u91d1\u878d\u6a5f\u95a2\u306e\u5206\u6790<\/a><\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Systemic Risk<\/div>\n<div class=\"ja\">\u30b7\u30b9\u30c6\u30df\u30c3\u30af\u30fb\u30ea\u30b9\u30af<\/div>\n<div class=\"df\">\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u306e\u4e00\u90e8\u306e\u6a5f\u80fd\u4e0d\u5168\u304c\u4ed6\u306e\u90e8\u5206\u306b\u6ce2\u53ca\u3057\u3001\u7d4c\u6e08\u5168\u4f53\u306b\u60aa\u5f71\u97ff\u3092\u53ca\u307c\u3059\u30ea\u30b9\u30af\u3002\u91d1\u878d\u6a5f\u95a2\u304c\u53b3\u3057\u304f\u898f\u5236\u3055\u308c\u308b\u4e3b\u306a\u7406\u7531\u3067\u3042\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Basel III<\/div>\n<div class=\"ja\">\u30d0\u30fc\u30bc\u30eb\u2162<\/div>\n<div class=\"df\">\u30d0\u30fc\u30bc\u30eb\u9280\u884c\u76e3\u7763\u59d4\u54e1\u4f1a\u304c\u5b9a\u3081\u305f\u56fd\u969b\u7684\u306a\u9280\u884c\u898f\u5236\u306e\u67a0\u7d44\u307f\u3002\u6700\u4f4e\u81ea\u5df1\u8cc7\u672c\u3001\u6700\u4f4e\u6d41\u52d5\u6027\u3001\u5b89\u5b9a\u8abf\u9054\u306e3\u3064\u3092\u8981\u4ef6\u3068\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Risk-Weighted Assets<\/div>\n<div class=\"ja\">\u30ea\u30b9\u30af\u52a0\u91cd\u8cc7\u7523<\/div>\n<div class=\"df\">\u9280\u884c\u306e\u8cc7\u7523\u3084\u53d6\u5f15\u3092\u30ea\u30b9\u30af\u306e\u5927\u304d\u3055\u306b\u5fdc\u3058\u305f\u639b\u3051\u76ee\u3067\u52a0\u91cd\u3057\u3066\u5408\u8a08\u3057\u305f\u984d\u3002\u81ea\u5df1\u8cc7\u672c\u6bd4\u7387\u306e\u5206\u6bcd\u3068\u3057\u3066\u7528\u3044\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Common Equity Tier 1 (CET1) Capital<\/div>\n<div class=\"ja\">\u666e\u901a\u682a\u5f0f\u7b49Tier 1\u8cc7\u672c\uff08CET1\uff09<\/div>\n<div class=\"df\">\u666e\u901a\u682a\u5f0f\u3068\u5185\u90e8\u7559\u4fdd\u306a\u3069\u3092\u4e2d\u5fc3\u3068\u3059\u308b\u6700\u3082\u640d\u5931\u5438\u53ce\u529b\u306e\u9ad8\u3044\u81ea\u5df1\u8cc7\u672c\u3002\u30ea\u30b9\u30af\u52a0\u91cd\u8cc7\u7523\u306b\u5bfe\u3057\u3066\u4e00\u5b9a\u4ee5\u4e0a\u306e\u6bd4\u7387\u3092\u7dad\u6301\u3059\u308b\u3053\u3068\u304c\u6c42\u3081\u3089\u308c\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Liquidity Coverage Ratio (LCR)<\/div>\n<div class=\"ja\">\u6d41\u52d5\u6027\u30ab\u30d0\u30ec\u30c3\u30b8\u6bd4\u7387\uff08LCR\uff09<\/div>\n<div class=\"df\">\u9ad8\u6d41\u52d5\u6027\u8cc7\u7523\u309230\u65e5\u9593\u306e\u30b9\u30c8\u30ec\u30b9\u4e0b\u3067\u898b\u8fbc\u307e\u308c\u308b\u7d14\u8cc7\u91d1\u6d41\u51fa\u984d\u3067\u5272\u3063\u305f\u6bd4\u7387\u3002\u77ed\u671f\u306e\u8cc7\u91d1\u6d41\u51fa\u306b\u8010\u3048\u3089\u308c\u308b\u304b\u3092\u793a\u3057\u3001100%\u4ee5\u4e0a\u304c\u6c42\u3081\u3089\u308c\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Net Stable Funding Ratio (NSFR)<\/div>\n<div class=\"ja\">\u5b89\u5b9a\u8abf\u9054\u6bd4\u7387\uff08NSFR\uff09<\/div>\n<div class=\"df\">\u5229\u7528\u53ef\u80fd\u306a\u5b89\u5b9a\u8abf\u9054\u984d\u3092\u6240\u8981\u5b89\u5b9a\u8abf\u9054\u984d\u3067\u5272\u3063\u305f\u6bd4\u7387\u3002\u8cc7\u7523\u306e\u6d41\u52d5\u6027\u306b\u898b\u5408\u3063\u305f\u5b89\u5b9a\u7684\u306a\u8cc7\u91d1\u8abf\u9054\u304c\u3067\u304d\u3066\u3044\u308b\u304b\u3092\u793a\u3059\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">CAMELS<\/div>\n<div class=\"ja\">CAMELS\uff08\u30ad\u30e3\u30e1\u30eb\u30ba\uff09<\/div>\n<div class=\"df\">\u81ea\u5df1\u8cc7\u672c\u306e\u5145\u5b9f\u5ea6\u3001\u8cc7\u7523\u306e\u8cea\u3001\u7d4c\u55b6\u3001\u53ce\u76ca\u3001\u6d41\u52d5\u6027\u3001\u5e02\u5834\u30ea\u30b9\u30af\u3078\u306e\u611f\u5fdc\u5ea6\u306e6\u9805\u76ee\u3067\u9280\u884c\u3092\u8a55\u4fa1\u3059\u308b\u67a0\u7d44\u307f\u3002\u653f\u5e9c\u652f\u63f4\u306a\u3069\u6349\u3048\u304d\u308c\u306a\u3044\u8981\u7d20\u304c\u3042\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Net Interest Margin<\/div>\n<div class=\"ja\">\u7d14\u5229\u606f\u30de\u30fc\u30b8\u30f3<\/div>\n<div class=\"df\">\u53d7\u53d6\u5229\u606f\u304b\u3089\u652f\u6255\u5229\u606f\u3092\u5dee\u3057\u5f15\u3044\u305f\u7d14\u5229\u606f\u53ce\u5165\u3092\u3001\u5229\u606f\u3092\u751f\u3080\u8cc7\u7523\u3067\u5272\u3063\u305f\u6bd4\u7387\u3002\u9280\u884c\u306e\u672c\u696d\u3067\u3042\u308b\u8cc7\u91d1\u4ef2\u4ecb\u306e\u53ce\u76ca\u6027\u3092\u8868\u3059\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Float<\/div>\n<div class=\"ja\">\u30d5\u30ed\u30fc\u30c8<\/div>\n<div class=\"df\">\u4fdd\u967a\u4f1a\u793e\u304c\u4fdd\u967a\u6599\u3092\u53d7\u3051\u53d6\u3063\u3066\u304b\u3089\u4fdd\u967a\u91d1\u3092\u652f\u6255\u3046\u307e\u3067\u306e\u9593\u306b\u4fdd\u6709\u3059\u308b\u8cc7\u91d1\u3002\u3053\u306e\u8cc7\u91d1\u306e\u904b\u7528\u53ce\u76ca\u304c\u4fdd\u967a\u4f1a\u793e\u306e\u91cd\u8981\u306a\u53ce\u76ca\u6e90\u3068\u306a\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Combined Ratio<\/div>\n<div class=\"ja\">\u30b3\u30f3\u30d0\u30a4\u30f3\u30c9\u30fb\u30ec\u30b7\u30aa<\/div>\n<div class=\"df\">\u640d\u5bb3\u7387\u3068\u4e8b\u696d\u8cbb\u7387\u3092\u5408\u8a08\u3057\u305f\u640d\u5bb3\u4fdd\u967a\u306e\u6bd4\u7387\u3002100%\u3092\u8d85\u3048\u308b\u3068\u4fdd\u967a\u5f15\u53d7\u3067\u640d\u5931\u304c\u751f\u3058\u3066\u3044\u308b\u3053\u3068\u3092\u8868\u3059\u3002<\/div>\n<\/div>\n<h3 id=\"l2-fsa-g-lm5\">LM5 Evaluating Quality of Financial Reports\uff08\u8ca1\u52d9\u5831\u544a\u306e\u8cea\u306e\u8a55\u4fa1\uff09<\/h3>\n<div class=\"cfagl-lm\">\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u89e3\u8aac\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l2-fsa-lm5\/\">LM5 \u8ca1\u52d9\u5831\u544a\u306e\u8cea\u306e\u8a55\u4fa1<\/a><\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Financial Reporting Quality<\/div>\n<div class=\"ja\">\u8ca1\u52d9\u5831\u544a\u306e\u8cea<\/div>\n<div class=\"df\">\u8ca1\u52d9\u5831\u544a\u304c\u4f01\u696d\u306e\u7d4c\u6e08\u5b9f\u614b\u3092\u5fe0\u5b9f\u306b\u8868\u3057\u3001\u610f\u601d\u6c7a\u5b9a\u306b\u6709\u7528\u306a\u60c5\u5831\u3092\u63d0\u4f9b\u3057\u3066\u3044\u308b\u5ea6\u5408\u3044\u3002\u57fa\u6e96\u6e96\u62e0\u3067\u6709\u7528\u306a\u5831\u544a\u304b\u3089\u67b6\u7a7a\u53d6\u5f15\u307e\u3067\u9023\u7d9a\u7684\u306a\u5e45\u3067\u6349\u3048\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Earnings Quality<\/div>\n<div class=\"ja\">\u5229\u76ca\u306e\u8cea\uff08\u7d50\u679c\u306e\u8cea\uff09<\/div>\n<div class=\"df\">\u5831\u544a\u3055\u308c\u305f\u5229\u76ca\u304c\u6301\u7d9a\u53ef\u80fd\u3067\u3001\u8cc7\u672c\u30b3\u30b9\u30c8\u3092\u4e0a\u56de\u308b\u5341\u5206\u306a\u6c34\u6e96\u306b\u3042\u308b\u304b\u3068\u3044\u3046\u89b3\u70b9\u3067\u306e\u8cea\u3002\u5831\u544a\u306e\u8cea\u304c\u4f4e\u3044\u3068\u8a55\u4fa1\u3067\u304d\u306a\u3044\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Beneish Model<\/div>\n<div class=\"ja\">\u30d9\u30cb\u30c3\u30b7\u30e5\u30fb\u30e2\u30c7\u30eb<\/div>\n<div class=\"df\">\u58f2\u639b\u91d1\u56de\u8ee2\u306e\u5909\u5316\u3084\u58f2\u4e0a\u7dcf\u5229\u76ca\u7387\u306e\u5909\u5316\u306a\u30698\u3064\u306e\u5909\u6570\u304b\u3089\u3001\u5229\u76ca\u64cd\u4f5c\u306e\u53ef\u80fd\u6027\u3092M\u30b9\u30b3\u30a2\u3068\u3057\u3066\u63a8\u5b9a\u3059\u308b\u30e2\u30c7\u30eb\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Earnings Persistence<\/div>\n<div class=\"ja\">\u5229\u76ca\u306e\u6301\u7d9a\u6027<\/div>\n<div class=\"df\">\u5f53\u671f\u306e\u5229\u76ca\u304c\u7fcc\u671f\u4ee5\u964d\u3082\u7e70\u308a\u8fd4\u3057\u751f\u3058\u308b\u5ea6\u5408\u3044\u3002\u5f53\u671f\u5229\u76ca\u3067\u7fcc\u671f\u5229\u76ca\u3092\u8aac\u660e\u3059\u308b\u56de\u5e30\u306e\u4fc2\u6570\u3067\u6e2c\u308a\u3001\u4fc2\u6570\u304c\u5927\u304d\u3044\u307b\u3069\u6301\u7d9a\u6027\u304c\u9ad8\u3044\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Accruals<\/div>\n<div class=\"ja\">\u767a\u751f\u9805\u76ee\uff08\u30a2\u30af\u30eb\u30fc\u30a2\u30eb\uff09<\/div>\n<div class=\"df\">\u5229\u76ca\u306e\u3046\u3061\u73fe\u91d1\u306e\u53d7\u6255\u3044\u3092\u4f34\u308f\u306a\u3044\u90e8\u5206\u3002\u5229\u76ca\u306b\u5360\u3081\u308b\u767a\u751f\u9805\u76ee\u306e\u5272\u5408\u304c\u5927\u304d\u3044\u307b\u3069\u3001\u5229\u76ca\u306e\u6301\u7d9a\u6027\u306f\u4f4e\u304f\u306a\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Mean Reversion in Earnings<\/div>\n<div class=\"ja\">\u5229\u76ca\u306e\u5e73\u5747\u56de\u5e30<\/div>\n<div class=\"df\">\u6975\u7aef\u306b\u9ad8\u3044\u3001\u307e\u305f\u306f\u4f4e\u3044\u5229\u76ca\u304c\u7af6\u4e89\u306a\u3069\u306b\u3088\u3063\u3066\u5e73\u5747\u7684\u306a\u6c34\u6e96\u306b\u623b\u3063\u3066\u3044\u304f\u50be\u5411\u3002\u767a\u751f\u9805\u76ee\u306e\u591a\u3044\u5229\u76ca\u307b\u3069\u901f\u304f\u56de\u5e30\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Channel Stuffing<\/div>\n<div class=\"ja\">\u30c1\u30e3\u30cd\u30eb\u30fb\u30b9\u30bf\u30c3\u30d5\u30a3\u30f3\u30b0\uff08\u62bc\u3057\u8fbc\u307f\u8ca9\u58f2\uff09<\/div>\n<div class=\"df\">\u6d41\u901a\u696d\u8005\u306b\u901a\u5e38\u3092\u8d85\u3048\u308b\u91cf\u306e\u5546\u54c1\u3092\u51fa\u8377\u3057\u3066\u58f2\u4e0a\u3092\u524d\u5012\u3057\u3067\u8a08\u4e0a\u3059\u308b\u884c\u70ba\u3002\u58f2\u4e0a\u3068\u58f2\u639b\u91d1\u306e\u4e0d\u81ea\u7136\u306a\u5897\u52a0\u3068\u3057\u3066\u73fe\u308c\u3084\u3059\u3044\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Altman Z-Score<\/div>\n<div class=\"ja\">\u30a2\u30eb\u30c8\u30de\u30f3\u306eZ\u30b9\u30b3\u30a2<\/div>\n<div class=\"df\">5\u3064\u306e\u8ca1\u52d9\u6bd4\u7387\u3092\u52a0\u91cd\u5408\u8a08\u3057\u3066\u4f01\u696d\u306e\u5012\u7523\u306e\u53ef\u80fd\u6027\u3092\u8a55\u4fa1\u3059\u308b\u5224\u5225\u30e2\u30c7\u30eb\u306e\u6307\u6a19\u3002\u7d50\u679c\uff08\u5229\u76ca\uff09\u306e\u8cea\u306e\u8a55\u4fa1\u306b\u7528\u3044\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Management&#8217;s Discussion and Analysis (MD&amp;A)<\/div>\n<div class=\"ja\">\u7d4c\u55b6\u8005\u306b\u3088\u308b\u8ca1\u653f\u72b6\u614b\u30fb\u7d4c\u55b6\u6210\u7e3e\u306e\u5206\u6790\uff08MD&amp;A\uff09<\/div>\n<div class=\"df\">\u7d4c\u55b6\u8005\u304c\u696d\u7e3e\u3001\u8ca1\u653f\u72b6\u614b\u3001\u30ea\u30b9\u30af\u30fb\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u3068\u305d\u306e\u7ba1\u7406\u65b9\u91dd\u3092\u8aac\u660e\u3059\u308b\u958b\u793a\u3002\u8ca1\u52d9\u8af8\u8868\u3092\u88dc\u3046\u30ea\u30b9\u30af\u60c5\u5831\u306e\u6e90\u6cc9\u3068\u306a\u308b\u3002<\/div>\n<\/div>\n<h3 id=\"l2-fsa-g-lm6\">LM6 Integration of Financial Statement Analysis Techniques\uff08\u8ca1\u52d9\u8af8\u8868\u5206\u6790\u624b\u6cd5\u306e\u7d71\u5408\uff09<\/h3>\n<div class=\"cfagl-lm\">\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u89e3\u8aac\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l2-fsa-lm6\/\">LM6 \u8ca1\u52d9\u8af8\u8868\u5206\u6790\u624b\u6cd5\u306e\u7d71\u5408<\/a><\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Financial Statement Analysis Framework<\/div>\n<div class=\"ja\">\u8ca1\u52d9\u8af8\u8868\u5206\u6790\u306e\u67a0\u7d44\u307f<\/div>\n<div class=\"df\">\u76ee\u7684\u3068\u6587\u8108\u306e\u660e\u78ba\u5316\u3001\u30c7\u30fc\u30bf\u306e\u53ce\u96c6\u3001\u52a0\u5de5\u3001\u5206\u6790\u30fb\u89e3\u91c8\u3001\u7d50\u8ad6\u306e\u4f5c\u6210\u3068\u4f1d\u9054\u3001\u30d5\u30a9\u30ed\u30fc\u30a2\u30c3\u30d7\u306e6\u6bb5\u968e\u3067\u5206\u6790\u3092\u9032\u3081\u308b\u67a0\u7d44\u307f\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Common-Size Financial Statements<\/div>\n<div class=\"ja\">\u767e\u5206\u7387\u8ca1\u52d9\u8af8\u8868\uff08\u5171\u901a\u30b5\u30a4\u30ba\u8ca1\u52d9\u8af8\u8868\uff09<\/div>\n<div class=\"df\">\u5404\u9805\u76ee\u3092\u58f2\u4e0a\u9ad8\u3084\u7dcf\u8cc7\u7523\u306b\u5bfe\u3059\u308b\u6bd4\u7387\u3067\u8868\u3057\u305f\u8ca1\u52d9\u8af8\u8868\u3002\u898f\u6a21\u306e\u7570\u306a\u308b\u4f01\u696d\u9593\u3084\u671f\u9593\u306e\u6bd4\u8f03\u3092\u5bb9\u6613\u306b\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">DuPont Analysis<\/div>\n<div class=\"ja\">\u30c7\u30e5\u30dd\u30f3\u5206\u6790<\/div>\n<div class=\"df\">ROE\u3092\u7a0e\u8ca0\u62c5\u7387\u3001\u91d1\u5229\u8ca0\u62c5\u7387\u3001EBIT\u30de\u30fc\u30b8\u30f3\u3001\u7dcf\u8cc7\u7523\u56de\u8ee2\u7387\u3001\u8ca1\u52d9\u30ec\u30d0\u30ec\u30c3\u30b8\u306a\u3069\u306e\u8981\u7d20\u306b\u5206\u89e3\u3057\u3001\u53ce\u76ca\u6027\u306e\u6e90\u6cc9\u3092\u5206\u6790\u3059\u308b\u624b\u6cd5\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Big Bath Accounting<\/div>\n<div class=\"ja\">\u30d3\u30c3\u30b0\u30fb\u30d0\u30b9<\/div>\n<div class=\"df\">\u696d\u7e3e\u306e\u60aa\u3044\u671f\u306b\u8cbb\u7528\u3084\u640d\u5931\u3092\u904e\u5927\u306b\u524d\u5012\u3057\u8a08\u4e0a\u3057\u3001\u5c06\u6765\u306e\u5229\u76ca\u3092\u62bc\u3057\u4e0a\u3052\u3084\u3059\u304f\u3059\u308b\u4f1a\u8a08\u4e0a\u306e\u9078\u629e\u3002\u4fdd\u5b88\u7684\u306b\u898b\u3048\u308b\u504f\u308a\u306e\u4e00\u7a2e\u3067\u3042\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">LIFO Reserve<\/div>\n<div class=\"ja\">LIFO\u6e96\u5099\u91d1<\/div>\n<div class=\"df\">FIFO\u3067\u8a55\u4fa1\u3057\u305f\u68da\u5378\u8cc7\u7523\u3068LIFO\u3067\u8a55\u4fa1\u3057\u305f\u68da\u5378\u8cc7\u7523\u306e\u5dee\u984d\u3002LIFO\u63a1\u7528\u4f01\u696d\u306e\u6570\u5024\u3092FIFO\u30d9\u30fc\u30b9\u306b\u8abf\u6574\u3059\u308b\u969b\u306b\u68da\u5378\u8cc7\u7523\u3078\u52a0\u7b97\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Normalized Earnings<\/div>\n<div class=\"ja\">\u6b63\u5e38\u5316\u5229\u76ca<\/div>\n<div class=\"df\">\u975e\u7d4c\u5e38\u7684\u306a\u640d\u76ca\u3092\u9664\u5916\u3057\u3066\u3001\u4f01\u696d\u304c\u6301\u7d9a\u7684\u306b\u751f\u307f\u51fa\u3059\u5229\u76ca\u6c34\u6e96\u3092\u8868\u3059\u3088\u3046\u306b\u4fee\u6b63\u3057\u305f\u5229\u76ca\u3002\u8a55\u4fa1\u3084\u4f01\u696d\u9593\u6bd4\u8f03\u306e\u57fa\u790e\u3068\u3059\u308b\u3002<\/div>\n<\/div>\n<div class=\"cfagl-t\">\n<div class=\"en\">Off-Balance-Sheet Obligations<\/div>\n<div class=\"ja\">\u30aa\u30d5\u30d0\u30e9\u30f3\u30b9\u50b5\u52d9<\/div>\n<div class=\"df\">\u8cb8\u501f\u5bfe\u7167\u8868\u306b\u8a08\u4e0a\u3055\u308c\u3066\u3044\u306a\u3044\u4fdd\u8a3c\u3084\u30b3\u30df\u30c3\u30c8\u30e1\u30f3\u30c8\u306a\u3069\u306e\u5b9f\u8cea\u7684\u306a\u50b5\u52d9\u3002\u5206\u6790\u3067\u306f\u8ca0\u50b5\u306b\u52a0\u7b97\u3057\u3066\u4fee\u6b63\u3057\u3001\u30ec\u30d0\u30ec\u30c3\u30b8\u3092\u518d\u8a55\u4fa1\u3059\u308b\u3002<\/div>\n<\/div>\n<h2>\u3042\u308f\u305b\u3066\u4f7f\u3044\u305f\u3044\u30da\u30fc\u30b8<\/h2>\n<ul>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/24\/cfa-l2-fsa-formulas\/\">CFA\u00ae\ufe0e Level 2 FSA \u516c\u5f0f\u96c6\uff08\u8a18\u53f7\u306e\u610f\u5473\u3068\u4f7f\u3044\u3069\u3053\u308d\uff09<\/a><\/li>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/cfa-level2-glossary\/\">CFA\u00ae\ufe0e Level 2 \u7528\u8a9e\u96c6\uff08\u5168\u79d1\u76ee\u306e\u4e00\u89a7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/cfa-curriculum\/#l2-fsa\">CFA\u00ae\ufe0e \u5b66\u7fd2\u5185\u5bb9\u306e\u76ee\u6b21\uff08Level 2 Financial Statement Analysis\uff09<\/a><\/li>\n<\/ul>\n<h2>\u52b9\u7387\u3088\u304f\u5b66\u3076\u306b\u306f FA-Academy<\/h2>\n<p>CFA\u00ae\ufe0e\u306e\u5354\u4f1a\u30c6\u30ad\u30b9\u30c8\u306f\u82f1\u8a9e\u3067\u5206\u91cf\u3082\u591a\u304f\u3001\u7528\u8a9e\u3084\u516c\u5f0f\u3092\u82f1\u8a9e\u3060\u3051\u3067\u7406\u89e3\u3057\u3066\u3044\u304f\u306e\u306f\u5927\u304d\u306a\u8ca0\u62c5\u3067\u3059\u3002<\/p>\n<p>FA-Academy\uff08Financial Analyst Academy\uff09\u306f\u3001<strong>\u65e5\u672c\u8a9e\u3067\u5b66\u3079\u308b\u6570\u5c11\u306a\u3044CFA\u00ae\ufe0e\u8a66\u9a13\u30b5\u30dd\u30fc\u30c8<\/strong>\u3067\u3059\u3002\u3053\u308c\u307e\u3067 Level 1 \u304b\u3089 Level 3 \u307e\u3067\u591a\u304f\u306e\u5408\u683c\u8005\u3092\u8f29\u51fa\u3057\u3066\u304a\u308a\u3001\u5408\u683c\u8005\u306e\u65b9\u3005\u3068\u306e\u5bfe\u8ac7\u3082\u6570\u591a\u304f\u516c\u958b\u3057\u3066\u3044\u307e\u3059\u3002\u3069\u3093\u306a\u65b9\u304c\u3001\u3069\u306e\u3088\u3046\u306b\u5408\u683c\u3055\u308c\u305f\u306e\u304b\u306f<a href=\"https:\/\/triumphmind.com\/cfa\/category\/gokaku\/\" target=\"_blank\" rel=\"noopener\">\u5408\u683c\u8005\u5bfe\u8ac7\u30fb\u5408\u683c\u4f53\u9a13\u8ac7\u306e\u4e00\u89a7<\/a>\u304b\u3089\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/present1\/\" target=\"_blank\" rel=\"noopener\">Level 1 \u65e5\u672c\u8a9e\u8981\u70b9\u96c6\u306e\u7121\u6599\u30b5\u30f3\u30d7\u30eb\u3092\u53d7\u3051\u53d6\u308b\uff087\u65e5\u9593\u30e1\u30fc\u30eb\u8b1b\u5ea7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/timerex.net\/s\/cfa.tips.slack_2a23\/e72e883e\/\" target=\"_blank\" rel=\"noopener\">\u7121\u6599\u500b\u5225\u9762\u8ac7\u3092\u4e88\u7d04\u3059\u308b\uff08\u5b66\u7fd2\u8a08\u753b\u306e\u3054\u76f8\u8ac7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/course\/\" target=\"_blank\" rel=\"noopener\">\u53d7\u8b1b\u6848\u5185\uff08\u30b3\u30fc\u30b9\u4e00\u89a7\u30fb\u53d7\u8b1b\u6599\uff09\u3092\u898b\u308b<\/a><\/li>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/side_by_side\/\" target=\"_blank\" rel=\"noopener\">Level 2 Leveraged Support Course\uff08\u7528\u8a9e\u96c6\u30fb\u516c\u5f0f\u96c6\u306e\u6574\u7406\u8cc7\u6599\u3064\u304d\uff09\u3092\u898b\u308b<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>CFA\u00ae\ufe0e Level 2 Financial Statement Analysis\uff08\u8ca1\u52d9\u8af8\u8868\u5206\u6790\uff09\u306e\u91cd\u8981\u7528\u8a9e55\u8a9e\u3092\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306e\u5358\u5143\uff08LM\uff09\u5225\u306b\u3001\u82f1\u8a9e\u30fb\u65e5\u672c\u8a9e\u8a33\u30fb\u610f\u5473\u306e3\u70b9\u30bb\u30c3\u30c8\u3067\u6574\u7406\u3057\u305f\u7528\u8a9e\u96c6\u3067\u3059\u3002<\/p>\n","protected":false},"author":1,"featured_media":11596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jin_ogp_image_url":"","_jin_last_featured_id":0,"footnotes":""},"categories":[101],"tags":[],"class_list":["post-11429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-glossary"],"_links":{"self":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/11429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/comments?post=11429"}],"version-history":[{"count":2,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/11429\/revisions"}],"predecessor-version":[{"id":11550,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/11429\/revisions\/11550"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media\/11596"}],"wp:attachment":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media?parent=11429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/categories?post=11429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/tags?post=11429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}