時(shí)間到了2020年CFA®考綱自然也是又有一些改變的,為了幫助同學(xué)們剛好的去進(jìn)行之后的備考澤稷小編這次就為同學(xué)們整理了一部分2020年CFA®一級(jí)考綱變化的信息同學(xué)們?nèi)绻蛩銋⒓?020年CFA®考試的話可一定要認(rèn)真看看了!


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       2020年CFA®一級(jí)考綱變動(dòng)內(nèi)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(nèi)容上,除了經(jīng)濟(jì)學(xué)(Economics)、權(quán)益投資(Equity Investment)、其他類投資(Alternative Investments)無變化,其他部分細(xì)節(jié)調(diào)整較多。具體而言:

       1.倫理道德與專業(yè)準(zhǔn)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(duì)framework for ethical decision making的應(yīng)用(apply)要求。

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

       √刪除整個(gè)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(duì)夏普比率(Sharpe ratio)的計(jì)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(dòng)到組合管理(Portfolio Management)部分。

       3.公司財(cái)報(bào)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(cái)報(bào)準(zhǔn)則設(shè)置機(jī)構(gòu)的描述、對(duì)國際證監(jiān)會(huì)組織的角色描述、財(cái)報(bào)的目標(biāo)描述、財(cái)報(bào)的前提準(zhǔn)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;》》點(diǎn)擊領(lǐng)取全新CFA®考試學(xué)習(xí)資料

2020年CFA一級(jí)考綱變化情況

       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(dòng)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.

       除了上面介紹的這些信息以外大家如果對(duì)于CFA®考試還有什么好奇的也都可以直接向我們澤稷網(wǎng)校的老師進(jìn)行提問》》點(diǎn)擊咨詢《《如果大家需要用到CFA®備考資料的話可以試一試我們澤稷網(wǎng)校的CFA®網(wǎng)課哦,對(duì)于的備考應(yīng)該也是會(huì)有很大幫助的。

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