2017年cfa一级考纲变动对比分析

2017年CFA一级考纲及2016年CFA一级考纲对比

1、EthicalandProfessionalStandards

由2016年4个Reading增至2017年5个Reading；

StudySession1中增加一个Reading，EthicsandTrustintheInvestmentProfession。

READING1.ETHICSANDTRUSTINTHEINVESTMENTPROFESSION

explainethics;

describetheroleofacodeofethicsindefiningaprofession;

identifychallengestoethicalbehavior;

describetheneedforhighethicalstandardsintheinvestmentindustry;

distinguishbetweenethicalandlegalstandards;

describeandapplyaframeworkforethicaldecisionmaking.

2、QuantitativeMethods

无变化

3、Economics

由2016年的9个Reading减为2017年7个Reading；

微观经济学部分的DemandandSupplyAnalysis中introduction,ConsumerDemand及Firm合并为一个Reading14TopicsinDemandandSupplyAnalysis。由2016年31个考点减为2017年6个。

READING14.TOPICSINDEMANDANDSUPPLYANALYSIS

calculateandinterpretprice,income,andcross-priceelasticitiesofdemandanddescribefactorsthataffecteachmeasure;

comparesubstitutionandincomeeffects;

distinguishbetweennormalgoodsandinferiorgoods;

describethephenomenonofdiminishingmarginalreturns;

determineanddescribebreakevenandshutdownpointsofproduction;

describehoweconomiesofscaleanddiseconomiesofscaleaffectcosts.

4、FinancialReportingandAnalysis

1.StudySession8，Reading24，IncomeStatement部分，删除对extraordinaryitems的理解。

5、CorporateFinance

1.CorporateGovernance内容变化较大。

READING34.CORPORATEGOVERNANCEANDESG:ANINTRODUCTION

describecorporategovernance;

describeacompany’sstakeholdergroupsandcompareinterestsofstakeholdergroups;

describeprincipal–agentandotherrelationshipsincorporategovernanceandtheconflictsthatmayariseintheserelationships;

describestakeholdermanagement;

describemechanismstomanagestakeholderrelationshipsandmitigateassociatedrisks;

describefunctionsandresponsibilitiesofacompany’sboardofdirectorsanditscommittees;

describemarketandnon-marketfactorsthatcanaffectstakeholderrelationshipsandcorporategovernance;

identifypotentialrisksofpoorcorporategovernanceandstakeholdermanagementandidentifybenefitsfromeffectivecorporategovernanceandstakeholdermanagement;

describefactorsrelevanttotheanalysisofcorporategovernanceandstakeholdermanagement;

describeenvironmentalandsocialconsiderationsininvestmentanalysis;

describehowenvironmental,social,andgovernancefactorsmaybeusedininvest