今年CFA®一級考綱變化信息官方已經公布了，澤稷小編這次就為同學們整理了出來，如果有同學打算參加之后的CFA®一級考試的話可千萬不要錯過了哦！下面我們就一起來看看吧。

       2020年CFA®一級考綱變動內容為：

       首先，相較于2019年，各科目的考試比重未發(fā)生變化。

       其次，考綱內容上，除了經濟學（Economics）、權益投資（Equity Investment）、其他類投資（Alternative Investments）無變化，其他部分細節(jié)調整較多。具體而言：

       1.倫理道德與專業(yè)準則（Ethical and Professional Standards）部分：

       √Reading 1.Ethics And Trust In The Investment Profession中：

       新增考綱：c.describe professions and how they establish trust;

       取消了對framework for ethical decision making的應用（apply）要求。

       2.數(shù)量方法（Quantitative Methods）部分：

       √刪除整個Reading.Discounted Cash Flow Applications

       √Reading 7.Statistical Concepts and Market Returns中，2020年相比2019年考綱取消了對夏普比率（Sharpe ratio）的計算和解釋要求。

       √Reading 11.Hypothesis Testing中，新增考綱：k.formulate a test of the hypothesis that the population correlation coefficient equals zero and determine whether the hypothesis is rejected at a given level of significance;

       √原Reading 13.Technical Analysis整體移動到組合管理（Portfolio Management）部分。

       3.公司財報分析（Financial Reporting Analysis）部分：

       √Reading 20.Financial Reporting Standards中：

       刪除4條考綱要求，分別為：

       1.c.describe the status of global convergence of accounting standards and ongoing barriers to developing one universally accepted set of financial reporting standards;

       2.f.compare key concepts of financial reporting standards under IFRS and US generally accepted accounting principles（US GAAP）reporting systems;

       3.g.identify characteristics of a coherent financial reporting framework and the barriers to creating such a framework;

       4.i.analyze company disclosures of significant accounting policies.

       取消財報準則設置機構的描述、對國際證監(jiān)會組織的角色描述、財報的目標描述、財報的前提準備等要求。

       √Reading 21.Understanding Income Statements中，刪除原考綱要求：

       b.accrual accounting,specific revenue recognition applications（including accounting for long-term contracts,installment sales,barter transactions,gross and net reporting of revenue），and implications of revenue recognition principles for financial analysis;

       d.describe key aspects of the converged accounting standards for revenue recognition issued by the International Accounting Standards Board and Financial Accounting Standards Board in May 2014;

       √Reading 26.Long-lived Assets中，刪除原考綱要求：

       o.explain and evaluate how leasing rather than purchasing assets affects financial statements and ratios;

       p.explain and evaluate how finance leases and operating leases affect financial statements and ratios from the perspective of both the lessor and the lessee.

       √Reading 30.Non-current（Long-term）Liabilities中，刪除原考綱要求：

       h.determine the initial recognition,initial measurement,and subsequent measurement of finance leases;

       i.compare the disclosures relating to finance and operating leases;疫情期間澤稷小編助你備考CFA®：免費領取【CFA®電子版?zhèn)淇紝W習資料】

       4.公司金融（Corporate Finance）部分：

       √Reading 32.Capital Budgeting，新增考綱：f contrast the NPV decision rule to the IRR decision rule and identify problems associated with the IRR rule;

       5.固定收益投資（Fixed income）部分：

       √Reading 44.Introduction to Fixed-Income Valuation中，新增考綱：f calculate annual yield on a bond for varying compounding periods in a year;

       6.衍生工具（Derivatives）部分：

       √Reading 48.Derivative Markets and Instruments中，新增考綱d determine the value at expiration and profit from a long or a short position in a call or put option;

       √Reading 49.Basics of Derivative Pricing and Valuation中，

       新增考綱c.calculate a forward price of an asset with zero,positive,or negative net cost of carry;

       刪除原考綱i.explain how the value of a European option is determined at expiration;

       7.投資組合（Portfolio Management）部分整體移動到其他類投資之后：

       √Reading 51.Portfolio Management:An Overview中，新增考綱：b describe the steps in the portfolio management process;

       √Reading 52.Portfolio Risk and Return:Part I中，新增考綱：b.compare the money-weighted and time-weighted rates of return and evaluate the performance of portfolios based on these measures

       √Reading 54.Basics of Portfolio Planning and Construction中，新增考綱：h describe how environmental,social,and governance（ESG）considerations may be integrated into portfolio planning and construction.

       這些CFA®一級考綱的變化同學們可一定要認真的看完哦，后續(xù)的CFA®備考同學們也要及時作出調整，如果在備考過程中遇到什么問題的話同學們可以到我們澤稷網校的官網去向我們的澤稷老師進行求助哦！

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