CFA二級原科目名稱“Corporate Finance” 修改為 “Corporate Issuers”，那2022年CFA二級這個科目的考綱有怎樣的變化？考生報考2022年CFA二級考試如何學習呢？跟著融躍一起看看二級考試科目的變化！
Reading順序調整：Capital Budgeting從第1個reading調整為zui后一個reading，接下來跟著小編一起看看各個章節(jié)的變化！
READING 15. CAPITAL STRUCTURE
a) explain the Modigliani—Miller propositions regarding capital structure;
b) explain the effects on costs of capital and capital structure decisions of taxes, financial distress, agency costs, and asymmetric information;
原有a條款分拆為現有的a、b兩個條款，表述上方式稍有變化
原有的b和c條款刪除：b) describe target capital structure and explain why a company's actual capital structure may fluctuate around its target; c) describe the role of debt ratings in capital structure policy;
READING 16. ANALYSIS OF DIVIDENDS AND SHARE REPURCHASES
d) explain how agency costs may affect a company's payout policy;
g) compare stable dividend with constant dividend payout ratio, and calculate the dividend under each policy;
d條款中刪除了clientele effects ；g條款刪除了residual dividend payout policies的對比;
READING 17名字修改成:ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) CONSIDERATIONS IN INVESTMENT ANALYSIS
READING 18的其中一位作者：Keith M. Moore,增加了 PhD的頭銜。
c條款把earning per share改成了EPS;
原來的g, i ,j條款刪除；g條款是有關HHI和反壟斷的內容；i 條款是有關用自由現金流對目標公司進行估值；j條款主要是用可比較公司和可比較交易進行估值；
h條款刪除了calculate the estimated post-acquisition value of an acquirer and the gains accrued to the target shareholders;
READING 19. CAPITAL BUDGETING
e) describe types of real options relevant to a capital project;
原有的e條款刪除，主要內容為關于敏感性分析、情景分析和蒙特 卡洛模擬對于資本項目風險的估計；
新的e條款刪除了evaluate a capital project using real options;
原有的h, i條款刪除。h條款是關于計算和解釋accounting income 和 economic income; i 條款是關于區(qū)分 EP、Rl、claim valuation model相關內容。
