距離2016年6月4日的CFA考試還剩下100天的時(shí)間了！各位在備考*9線的考生們，你們備考得順利嗎？高頓財(cái)經(jīng)*9時(shí)間帶來了研究院老師精心整理的CFA考試重點(diǎn)，幫助各位考生有效備考。
2016年CFA一級考綱變化內(nèi)容分析：
1.財(cái)務(wù)報(bào)告及分析 Financial Reporting and Analysis
SS7,R23.Financial Reporting Mechanics
新增考點(diǎn)：
1、describe how business activities are classified for financial reporting purposes
SS8，R25.Understanding Income Statements
新增考點(diǎn)：
1、describe key aspects of the converged accounting standards issued by the International Accounting Standards Board and Financial Accounting Standards Board in May 2014;
SS9，Reading 29: Inventories
調(diào)整考點(diǎn)：
1、calculate and compare cost of sales, gross profit, and ending inventory using different inventory valuation methods and using perpetual and periodic inventory systems;
新增考點(diǎn)：
1、calculate and explain how inflation and deflation of inventory costs affect the financial statements and ratios of companies that use different inventory valuation methods;
2、explain LIFO reserve and LIFO liquidation and their effects on financial statements and ratios;
3、convert a company’s reported financial statements from LIFO to FIFO for purposes of comparison;
4、describe implications of valuing inventory at net realisable value for financial statements and ratios;
5、explain issues that analysts should consider when examining a company’s inventory disclosures and other sources of information;
6、calculate and compare ratios of companies, including companies that use different inventory methods;
7、analyze and compare the financial statements of companies, including companies that use different inventory methods.
刪除考點(diǎn)：
1、calculate and compare cost of sales, gross profit, and ending inventory using perpetual
and periodic inventory systems;
2、compare cost of sales, ending inventory, and gross profit using different inventory valuation methods;
3、calculate and interpret ratios used to *uate inventory management.
SS9,Reading 30: Long-lived Assets
調(diào)整考點(diǎn)：
1、describe the different depreciation methods for property, plant, and equipment and calculate depreciation expense;
2、describe the different amortisation methods for intangible assets with finite lives and calculate amortisation expense;
3、describe how the choice of amortisation method and assumptions concerning useful life and residual value affect amortisation expense, financial statements, and ratios;
新增考點(diǎn)：
1、explain and *uate how capitalising versus expensing costs in the period in which they are incurred affects financial statements and ratios;
2、describe how the choice of depreciation method and assumptions concerning useful life and residual value affect depreciation expense, financial statements, and ratios;
3、explain and *uate how impairment, r*uation, and derecognition of property, plant, and equipment and intangible assets affect financial statements and ratios;
4、analyze and interpret financial statement disclosures regarding property, plant, and equipment and intangible assets;
5、explain and *uate how leasing rather than purchasing assets affects financial statements and ratios;
6、explain and *uate how finance leases and operating leases affect financial statements and ratios from the perspective of both the lessor and the lessee.
SS9,Reading 31: Income Taxes
調(diào)整考點(diǎn)：
1、explain recognition and measurement of current and deferred tax items;
2.投資組合管理 Portfoio Management
SS12,Reading 42. Risk Management: An Introduction
新增考點(diǎn)：
1、define risk management;
2、describe features of a risk management framework;
3、define risk governance and describe elements of effective risk governance;
4、explain how risk tolerance affects risk management;
5、describe risk budgeting and its role in risk governance;
6、identify financial and non-financial sources of risk and describe how they may interact;
7、describe methods for measuring and modifying risk exposures and factors to consider in choosing among the methods.
3.權(quán)益 Equity
SS14,Reading 50: Introduction to Industry and Company Analysis
調(diào)整考點(diǎn)：
1、explain how a company’s industry classification can be used to identify a potential “peer group” for equity valuation;
2、explain the effects of barriers to entry, industry concentration, industry capacity, and market share stability on pricing power and price competition;
3、describe industry life cycle models, classify an industry as to life cycle stage, and describe limitations of the life-cycle concept in forecasting industry performance;
SS14,Reading 51: Equity Valuation: Concepts and Basic Tools
調(diào)整考點(diǎn)：
1、explain the rationale for using price multiples to value equity, how the price to earnings multiple relates to fundamentals, and the use of multiples based on comparables;
4.固定收益 Fixed Incomne
SS15,Reading 53: Fixed-Income Markets: Issuance, Trading, and Funding
調(diào)整考點(diǎn)：
1、describe repurchase agreements (repos) and the risks associated with them.
SS15,Reading 55. Introduction to Asset-Backed Securities
調(diào)整考點(diǎn)：
1、describe securitization, including the parties involved in the process and the roles they play;
2、describe typical structures of securitizations, including credit tranching and time tranching;
3、describe types and characteristics of residential mortgage-backed securities, including mortgage pass-through securities and collateralized mortgage obligations, and explain the cash flows and risks for each type;
4、describe types and characteristics of non-mortgage asset-backed securities, including the cash flows and risks of each type;
5、describe collateralized debt obligations, including their cash flows and risks.
新增考點(diǎn)：
1、define prepayment risk and describe the prepayment risk of mortgage-backed securities;
SS16,Reading 57. Fundamentals of Credit Analysis
調(diào)整考點(diǎn)：
1、explain the four Cs (Capacity, Collateral, Covenants, and Character) of traditional credit analysis;
新增考點(diǎn)：
1、describe default probability and loss severity as components of credit risk;
5.另類投資 Alternatives
SS18,Reading 64.Introduction to Alternative Investments
調(diào)整考點(diǎn)：
1、describe issues in valuing and calculating returns on hedge funds, private equity, real estate, commodities, and infrastructure;
刪除部分：
SS9,Reading 29: Inventories
1、calculate and compare cost of sales, gross profit, and ending inventory using perpetual and periodic inventory systems;
2、compare cost of sales, ending inventory, and gross profit using different inventory valuation methods;
3、calculate and interpret ratios used to *uate inventory management.
關(guān)于高頓財(cái)經(jīng)：
高頓財(cái)經(jīng)是國內(nèi)*5CFA教育培訓(xùn)基地，擁有200余名CFA持證人講師團(tuán)隊(duì)，每年培訓(xùn)超過5000名CFA華人考生，平均通過率超出全球平均通過率30%。
高頓財(cái)經(jīng)秉承"終身財(cái)經(jīng)教育"的理念，利用集團(tuán)相關(guān)產(chǎn)品線，為學(xué)員構(gòu)建了一個(gè)終身財(cái)經(jīng)教育平臺。高頓財(cái)經(jīng)充分發(fā)揮財(cái)經(jīng)教育核心資源優(yōu)勢，為學(xué)員提供可受益一生的后續(xù)教育，主題涵蓋財(cái)經(jīng)專業(yè)、職業(yè)發(fā)展以及個(gè)人修養(yǎng)等廣泛內(nèi)容，支持學(xué)員職業(yè)生涯的持續(xù)發(fā)展，打開職業(yè)上升通道，建立頂尖行業(yè)人脈圈。
看了上述分析，是否對自己CFA課程學(xué)習(xí)有所把握？高頓網(wǎng)校小編希望各位考試都可以根據(jù)自身的基礎(chǔ)情況合理安排各科目的學(xué)習(xí)時(shí)間。