Practical applications of CFA

I am high schooler targeting AM/HF wanted to build a strong technical knowledge of finance .I am Studying for cfa l1 .
How much knowledge does the Cfa exams give.Does clearing l3 means you know every aspect of portfolio management your technical knowledge of finance is equivalent to a portfolio manager. I loved the asset classes sections and absolutely hated the accounting part.Is accounting important?

Is cfa l1 equivalent(in depth and technical know...) to a masters in finance.

 
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