CMA 국제관리회계사 Study Guide Part 2

SECTION A Financial Statement Analysis

Chapter 1 Basic Financial Statements Analysis
01 재무분석의 의의
02 재무제표분석의 종류

Chapter 2 Financial Ratio Analysis(Relationship Ratio Analysis)
01 관계비율분석의 의의
02 유동성비율(Liquidity Ratio)
03 자본구조비율, 지불능력비율, 이익포함비율과 레버리지비율
04 수익성비율I(Profititability Ratio)
05 활동성비율(Activity Ratio)
06 수익성비율II(Profititability Ratio)
07 시장비율(Market Ratio)
08 Special Issues

SECTION B Corporate Finance

Chapter 1 Risk and Return
01 Risk and Return
02 Portfolio Management
03 Risk Premium
04 CAPM (Capital Asset Pricing Model: 자본자산가격결정모형)

Chapter 2 Long-Term Financial Management
01 Capital Structure
02 Bonds(Debt securities)
03 Common Stock
04 Preferred Stock
05 Dividend policy

Chapter 3 Cost of Capital
01 의 의
02 Cost of Debt(타인자본비용)
03 Cost of Preferred Stock(우선주자본비용)
04 Coct of Common Stock(보통주자본비용)
05 요구수익률(기대투자수익률)과 자본비용
06 WACC(Weighted Average Cost of Capital)
07 Optimal Capital Structure

Chapter 4 Raising Capital
01 Financial Market(금융시장)의 의의
02 완전자본시장 및 효율적 시장가설과 자본시장의 이례현상
03 Souces of the Capital

Chapter 5 Working Capital Management
01 Overall
02 Cash and Cash Equivalents Management
03 Marketable Securities Management
04 Accounts Receivable Management
05 Inventories Management
06 Short-Term Credit Management

Chapter 6 Corporate Restructuring
01 Business Combination
02 Diverstitures
03 Bankruptcy

Chapter 7 International Finance
01 Foreign Currency Exchange Rate
02 Managing Transaction Exposure
03 Financing International Trade

SECTION C Decision Analysis

Chapter 1 Decision Making Intro
01 의사결정의 의의
02 의사결정단계
03 의사결정의 종류
04 의사결정의 내용
05 의사결정에서 고려될 요소

Chapter 2 Cost-Volume-Profit Analysis
01 의 의
02 기본가정
03 기초개념
04 분석내용

Chapter 3 Relevant Profit Analysis
01 의 의
02 기초개념
03 구체적 사례에 의한 관련이익분석

Chapter 4 Pricing
01 Pricing Methodologies
02 Factors Affecting Price-Setting
03 Transfer Pricing

SECTION D Risk Management

Chapter 1 Risk Management
01 Definition
02 Types of Risk
03 Use of Probabilities in Determining Exposure to Risk
04 Risk Management Framework

Chapter 2 Enterprise Risk Management
01 의 의
02 EMR의 목표
03 EMR의 프로세스
04 특 징
05 EMR의 한계

Chapter 3 Derivatives
01 Futures (+ Forwards)
02 Option
03 Swap

Chapter 4 Immunization by Duration
01 Interest Rate Risk
02 Duration
03 Immunization

Chapter 5 Financial Risk Management
01 의 의
02 기타 수단들

SECTION E Investment Decisions

Chapter 1 The Capital Budget Process
01 의 의
02 적용방법
03 Procedure
04 Types of Projects

Chapter 2 Cash Flows Estimation
01 현금흐름 추정원칙
02 현금흐름의 구성

Chapter 3 Investment Decision Method
01 Net Present Value(NPV)
02 Internal Rate of Return(IRR)
03 Profitability Index
04 Payback Period Method(PPM)
05 Accounting Rate of Return(ARR)
06 NPV VS IRR

Chapter 4 Risk Analysis and Real Options in Capital Budget
01 의 의
02 위험분석방법
03 Real option

SECTION F Profrssional Ethics

Chapter 1 Ethical Considerations for Management Accounting and Financial Management Professionals
01 IMA’s “Statement on Ethical Professional Practice”
02 Evaluation and Resolution of Ethical Issues
03 Fraud Triangle

Chapter 2 Ethical Considerations for the Organization
01 “Values and Ethics: From Inception to Practice”
02 Corporate Responsibility for Ethical Conduct
03 Applicable Laws and Regulations