Corporate Issuers是原來(lái)的公司金融科目，在2022年CFA二級(jí)中有很多刪除的知識(shí)點(diǎn)，那你知道是哪些知識(shí)點(diǎn)被刪除？今天和小編看看這個(gè)科目！

公司金融主要變化是減負(fù)，刪除了很多定量考查的知識(shí)點(diǎn)，包含HHI指數(shù)，在并購(gòu)背景下對(duì)目標(biāo)公司估值的幾種方法等；這些內(nèi)容均為非重點(diǎn)知識(shí)點(diǎn)。

2021 Reading 20 Capital Structure

·LOS c:describe the role of debt ratings in capital structure policy;

2021 Reading 21 Analysis of Dividends and Share Repurchases

·LOS d:explain how clientele effects may affect a company's payout policy;

2021 Reading 23 Mergers and Acquisitions

·LOS g:calculate and interpret the Herfindahl-Hirschman Index and evaluate the likelihood of an antitrust challenge for a given business combination;

·LOS i:calculate free cash flows for a target company and estimate the company's intrinsic value based on discounted cash flow analysis;

·LOS j:estimate the value of a target company using comparable company and comparable transaction analyses;


2021 Reading 19 Capital Budgeting

·LOS h:calculate and interpret accounting income and economic income in the context of capital budgeting;

·LOS i:distinguish among the economic profit,residual income, and claims valuation models for capital budgeting and evaluate a capital project using each

除了內(nèi)容變化，科目名稱由Corporate Finance調(diào)整為Corporate Issuers；章節(jié)順序把Capital budgeting調(diào)至*后，

公司治理Reading名稱變?yōu)?/span>Environmental，Social，and Governance （ESG）Considerations in Investment Analysis，均非實(shí)質(zhì)變化。