美国注册管理会计师CMA PART2考试结构-大纲

绝不言放弃

Part 2Financial Decision Making

Part 2财务决策

A. Financial Statement Analysis (25%) (Level C) Principal financial statements and their purposes; limitations of financial statement information; interpretation and analysis of financial statements including ratio analysis and comparative analysis; market value vs. book value; fair value accounting; international issues; major differences between IFRS and U.S. GAAP; off-balance sheet financing; Cash Flow Statement preparation, analysis, and reconciliation; and earnings quality.

A. 财务报表分析（25%)（C级）主要财务报表及其目的；财务报表信息局限性；财务报表解释和分析，包括比率分析和比较分析；市场价值与账面价值对比；公允价值会计；国际问题；国际财务报告准则（IFRS）与美国公认会计准则（GAAP）主要区别；资产负债表外融资；现金流量表的编制、分析和调节；收益质量。

B. Corporate Finance (25%) (Level C) Types of risk; measures of risk; portfolio management; options and futures; capital instruments for long-term financing; dividend policy; factors influencing the optimum capital structure; cost of capital; raising capital; managing and financing working capital; mergers and acquisitions; and international finance.

B. 公司财务（25%)（C 级）风险类型；风险测量；资产组合管理；期权及期货；长期融资资本工具；红利政策；影响最优资本结构的因素；资本成本，集资；营运资本管理及融资；并购以及国际融资。

C. Decision Analysis and Risk Management (25%) (Level C) Relevant data concepts; cost-volume-profit analysis; marginal analysis; make vs. buy decisions; pricing; income tax implications for operational decision analysis; operational risk, hazard risk, financial risk, and strategic risk; and ERM.

C. 决策分析与风险管理（25%)（C级）有关数据概念；成本/数量/利润分析；边际分析；自制或外购决策；定价；运营决策分析中的所得税影响；经营风险，危害风险，金融风险以及战略风险；企业风险管理。

D. Investment Decision (20%) (Level C) Cash flow estimates; discounted cash flow concepts; net present value; internal rate of return; non-discounting analysis techniques; income tax implications for investment decisions;  ranking investment projects; risk analysis; real options; and valuation models.

D. 投资决策（20%)（C 级）现金流估计；现金流贴现概念；净现值；内部回报率；非贴现分析技巧；投资决策中所得税影响；投资项目评级；风险分析；实物期权；以及估价模型。

E. Professional Ethics (5%) (Level C) Ethical considerations for the organization

E. 职业道德（5%)（C级）组织的道德注意事项 。