2015 CFA Level 1 课程更新计划进度表
Instructor | 目标课程 | Change of LOS from 2014 to 2015 | 课程 | 习题 |
Lihui He | SS1 Ethical and Professional Standards | |||
1 Code of Ethics and Standards of Professional Conduct | 2015/1/3 | 2015/1/17 | ||
2 Guidance for Standards I-VII | 2015/1/31 | 2015/2/14 | ||
3 Introduction to the Global Investment Performance Standards (GIPS) | 2015/2/28 | 2015/3/14 | ||
4 GIPS | 2015/3/28 | 2015/4/11 | ||
Zhan Wang | SS2 Quantitative Methods: Basic Concepts | no change | ||
5 The Time Value of Money | ||||
6 Discounted Cash Flow Applications | ||||
7 Statistical Concepts and Market Returns | ||||
8 Probability Concepts | ||||
SS3 Quantitative Methods: Application | ||||
9 Common Probability Distributions | ||||
10 Sampling and Estimation | ||||
11 Hypothesis Testing | ||||
12 Technical Analysis | ||||
SS4 Microeconimc Analysis | no change | |||
13 Demand and Supply Analysis: Introduction | ||||
14 Demand and Supply Analysis: Consumer Demand | ||||
15 Demand and Supply Analysis: The Firm | ||||
16 The Firm and Market Structures | ||||
SS5 Macroeconomic Analysis | ||||
17 Aggregate Output, Prices and Economic Growth |
new LOS 17.j distinguish between the following types of macroeconomic equilibria: long-run full employment, short-run inflationary gap, and short-run stagflation |
2015/1/3 | 2015/1/10 | |
18 Understanding Business Cycles | no change | |||
19 Monetary and Fiscal Policy | new LOS17.i describe the monetary transmission mechanism | 2015/1/17 | 2015/1/24 | |
SS6 Economics: Economics in a Global Context | no change | |||
20 International Trade and Capital Flows |
new LOS 20.g describe common objectives of capital restrictions imposed by governments |
2015/1/31 | 2015/2/7 | |
21 Currency Exchange Rates | no change | |||
Nan Chen | SS7 Financial Reporting and Analysis : An Introduction | |||
22 Financial Statement Analysis: An Introduction | ||||
23 Financial Reporting Mechanics | ||||
24 Financial Reporting Standards | ||||
SS 8 FRA: Income Statements, Balance Sheets and Cash Flow Sheets | ||||
25 Understanding Income Statements | ||||
26 Understanding Balance Sheets | ||||
27 Understanding Cash Flow Statements | ||||
28 Financial Analysis Techniques | ||||
Da Gui | SS 9 FRA: Inventories, Long-lived Assets, Income Taxes and Non-Current Liabilities | |||
29 Inventories | ||||
30 Long-Lived Assets | ||||
31 Income Taxes | ||||
32 Non-Current (Long-Term) Liabilities |
delete LOS 32.j describe defined contribution and defined benefit pension plans |
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SS 10 FRA:Financial Reporting Quality and Financial Statement Analysis | ||||
33 Financial Reporting Quality |
new 33.a distingish between financial reporting quality and quality of reported results ( including quality of earnings, cash flow, and blance sheet items) |
2015/1/3 | 2015/1/17 | |
new 33.b describe a spectrum for assessing financial reporting quality | ||||
new 33.c distinguish between conservative and aggressive accounting | ||||
new 33.d describe motivations that might cause management to issue financial reports that are not high quality |
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change 33.e describe consitions that are conducive to issuing low-quality, or even fraudulent, financial repots |
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new 33.f describe mechanisms that discipline financial reporting quality and the potential limitations of those mechanisms |
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new 33.g describe presentation choices, including non-GAAP measures, that could be used to influence an analyst's opinion |
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new 33.h describe accounting methods ( choices and estimates) that could be used to manage earnings, cash flow, and balance sheet items |
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34 Financial Statement Analysis: Applications |
delete 34.a describe reasons for investors to assess the quality of cash flow statements |
2015/1/31 | 2015/2/14 | |
delete 34.b analyze and describe the following ways to manage or manipulate the cash flow statement: stretching out payables, financing of payables,securitization of receivables,issuing stock options, and using stock buybacks |
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Yang Liu | SS11 Corporate Finance | |||
35 Capital Budgeting | wording change in LOS a,b,d | 2015/1/3 | 2015/1/3 | |
36 Cost of Capital | wording change in LOS c | 2015/1/10 | 2015/1/10 | |
37 Measures of Leverage | wording change in LOS a, c | 2015/1/17 | 2015/1/17 | |
38 Dividends and Share Repurchases: Basics | wording change in LOS a | 2015/1/24 | 2015/1/24 | |
39 Working Capital Management | no change | |||
40 The Corporate Governance of Listed Companies: A Manual for Investors | wording change in LOS f | 2015/1/31 | 2015/1/31 | |
Cheng Cui | SS13: Equity:Market Organization, Market Indices, and Market Efficiency | |||
45 Market organization and Structure | ||||
46 Security Market Indices | ||||
47 Market Efficiency | ||||
SS14: Equity Analysis and Valuation | ||||
48 Overview of Equity Securities | ||||
49 Introduction to Industry and Company Analysis | wording change in LOS d | 2015/1/3 | 2015/1/3 | |
50 Equity Valuation: Concepts and Basic Tools | ||||
Nan Chen | SS15 Fixed Income:Basic Concepts | |||
51 Fixed-Income Securities: Defining Elements | ||||
52 Fixed-Income Markets: Issuance, Trading, and Funding | ||||
53 Introduction to Fixed Income Valuation | ||||
54 Introduction to Asset-Backed Securities | new reading | 2015/1/17 | 2015/1/31 | |
SS16 Fixed Income: Analysis of Risk | ||||
55 Understanding Fixed-Income Risk and Return |
new lOS d define key rate duration and describe the key use of key rate durationsin measuring the sensitivity of bonds to changes in the shape of the benchmark yield curve |
2015/1/3 | 2015/1/3 | |
56 Fundamentals of Credit Analysis | ||||
Da Gui | SS12 Portfolio Management | |||
41 Portfolio Management: An Overview | ||||
42 Portfolio Risk and Return: Part I | ||||
43 Portfolio Risk and Return: Part II | ||||
44 Basics of Portfolio Planning and Construction | wording change in LOS g | |||
SS17 Derivatives and Alternative Investments | ||||
57 Derivatie Markets and Instruments | ||||
58 Basics of Derivative Pricing and Valuation | new reading | 2015/2/28 | 2015/3/14 | |
59 Risk Management Applications of Option Strategies | ||||
SS18 Alternative Investments | ||||
60 introduction to Alternative Investments |