CFA二级培训项目：前导班_框架介绍_财报理财权益其他衍生.docx

CFA二级培训项目讲师：ToM空,8相依行56ysW中Uio哽WTopicWeightingsinCFALevelIISessionNO.ContentWeightingsIStudySession1Ethics&ProfessionalStandards10-15StudySession2-3QuantitativeMethods5-10StudySession4Economics5-10StudySession5-6FinancialReportingandAnalysis10-15StudySession7-8CorporateFinance5-10StudySession9-11EquityValuation10-15StudySession12-13FixedIncome10-15StudySession14Derivatives5-10StudySession15AlternativeInvestments5-10StudySession16-17PortfolioManagement10-153-74专业.创新ISIi三三-iwS-S>>euvPUe6三rodx-.suue三u.Ss.I.三wSUoDn七一SUl-BPUBUizO-s-BU<91CTSUO-IBJBdO-PUo-IBU4-n工LnT6U-PBXPaSBqIaIBqSPUBIULUAo-dluLJJJsod-UoABSUduJOuAo-dluLU寸H6U.PBQrSIULUlS>UIoooml(I)夏一eu<PUe6*三tod-.三vueuizSSSSnbE-slS-BU<IUUJEBlS-PPUPU一LL.JOUOAgOalUI8一6-PPCTto-BPUBWLL-Jo->ZlBU-PBBH(Z)SM-EUVPUe6三rod-ra»ucmcz9SSVaU-OMEelt®Am三-W9IJJ>pueLUdsUoAeu-qluoSS三sn00SPolE一o:PajLLlSIUUJIS>u-lsJIu-6£=。IUoU、SamIU>luor、9PPoSS<、6SHLL'I一SIss<-PPUBUlzU0ulu>ui、M>>0SIUIUIS>UIleOd-OUaUImIaa-SA-euPUB6*三todH-BPIIBUHSSSAOMEeltM三I套三=l加寸EUo-IBsUBdIJUOU-'v-、FISOPS-PUo万Ud、uo+3BlUSaJd一2U、M>>0udCUJ(DJJsod、SCUOUOAB-QSn=I'-oro'PUBIUUJAo-duuujJS0d-Uo-WSUdujouAo-dluuj寸IHa-SA-euPUB6ujodVEQCZSSSAoi三sM三I套三=l加寸ZSjS一u×U6-JojPUBBnSS-UlMO-IB>SSUoABJdo-BUOAeUR-PIEOsu04B-dE-XB1、AuJoUo2-euo-l-JUH3d>-c-B-S'-lUJouo。、su-AuuDU-OJOU04SUB=、AUUaLIrDJoUO4B2三SSBDSUoWPSUBIAuunuCO-OV-OM-S020-o-SIa(T)-SA-euvPUB6ujoda-eplleuZSSSAo三sFrameworkASS5FinancialReportingandAnalysis(1)R16AnalysisofFinancialInstitutions/Thedifferencebetweenfinancialinstitutionsandothercompanies/CAMELSapproachtoanalyzeabank/Otherfactorsconsideredtoanalyzeabank/Keyratiosandotherfactorsconsideredtoanalyzeaninsurancecompany#袈.添花留X-OI/F户noqpUonP,I4wooSjalpojP.sp11bABOqS°UPpgwoe£pnbMeg0Sjo+->EOJP.S,SMUPJJBgsodaW°UPUyAQypnbOqJwoaRJDURIy昌Pno,M-sro>ZIMSSISAfeUVPUPupJEod七dupu9gs00MUm工Framework>SS6FinancialReportingandAnalysis(2)R18IntegrationofFinancialStatementAnalysisTechniques/DefineaPurposefortheAnalysis/Collectinput/Processdata/Analyzeorinterpretthedata/Developandcommunicateconclusionsandrecommendations/Followup/CasestudyCategorizationofInvestment:OverviewFinancialassetsAssociatesBusinesscombinationsJointventuresDegreeofinfluenceNosignificantSignificantControllingSharedcontrolTypicalownership%<20%20%-50%>50%VariesInvesteeN/AAssociateSubsidiaryN/ANewfinancialreporting(postIFRS9takingeffect)FVthroughP/LFVthroughOCIAmortizedcostEquitymethodConsolidationEquitymethodU.S.GAAPTradingsecurityAFSHTMAPercentageofinterestsheldbyinvestorsisnotthesolecriterion,degreeofinfluenceismorepersuasive.Otherfactorsshouldbeconsidered,suchas,involvementinpolicyanddecisionmaking.12-741.M专业创新憎值AssociateAAssociates:significantinfluenced(20%-50%)AEquitymethod-basicRecognizethecostofinvestmentatinception;One-lineconsolidation;>B/S:carryingamountofinvestment=costofinvestment+(adj.accumulatednetprofitoftheinvestee-accumulateddividendsdeclaredbytheinvestee)*percentageofinterestowned;adj.accumulatednetprofitoftheinvestee/FVappreciation;/Inter-transaction.AI/S:againisrecognized=currentyear,snetprofitoftheinvestee*percentageofinterestowned;(usuallyseparatedfromoperatingincome)ControllinginterestinvestmentAAcquisitionmethod:frameworkTheB/SandI/Softhesubsidiaryandparentareincludedintheconsolidatedfinancialstatements;InVeStmentintheSUbSidiarieS(itemonParentsB/S)areeliminated;Alltransactionsamongtheentitiesconsolidateareeliminated.MinorityIntereStS(MI)arerecognizedbothintheincomestatementsandbalancewhichaccountsforthenetprofitsandnetassetsofthesubsidiariesownedbytheminorityshareholders;/MIisregardedasanisolateditem.Goodwill:fullgoodwill/partialgoodwillFundedstatusofapensionplanFundedstatus=Planassets-PBOPlan AssetsFair value at the end of the year =Fair value at the beginning of the year+ Employer contributions+ Actual return-Benefit paid to employeePBOPBO at the end of the year =PBO at the beginning of the year + Current service cost + Interest costs + Past service cost (plan amendmen