Financial planning, performance and control (financial planning, performance and control)

Examination time: 4 hours.

Content and proportion of the theme:

1. Financial planning, budget and financial forecast (30% of planning, budget and forecast) and planning process; Budget concept; Annual profit plan and timetable; Budget types, including activity budget, project budget and flexible budget; Advanced planning and analysis; Financial forecasting includes quantitative methods such as regression analysis and learning curve analysis.

2. Financial performance evaluation (performance management 25%): financial indicators of internal control and performance evaluation, including income, cost, profit and asset investment; Analysis of various differences based on flexible budget and standard cost; Accounting responsibility of revenue, cost, contribution and profit center; And a balanced scorecard.

3. Cost management (cost management 25%): cost concept, process and terminology; Replacement cost target; The concept of cost measurement; Cost accumulation system includes batch cost system, step cost system and activity-based cost system; Indirect cost sharing; Operational efficiency and business performance topics, such as JIT, MRP and other production specifications, constraint theory, value chain analysis, benchmarking, ABM and continuous improvement.

4. Internal control (internal control 15%): risk assessment; Internal control environment, procedures and standards; Duties and rights of internal audit; Audit type; Adequacy evaluation of accounting information system.

5. Professional ethics (5%): professional ethics factors of management accounting professionals.

Financial decision

Examination time: 4 hours.

Content and proportion of the theme:

1. Analysis of financial statements (25%), criteria and purpose of financial statements; Limitations of financial statements; Interpretation and analysis of financial statements, including ratio analysis and comparative analysis; Market value and book value; Fair value accounting; International issues; Differences between IFRS and American GAAP; Balance sheet; Compilation, analysis and balance of cash flow statement; Income quality.

2. Corporate financial strategy (25% of corporate finance): risk type; Risk assessment; Securities management; Futures and options; Long-term financing capital instruments; Bonus policy; Factors affecting the optimal capital structure; Capital cost, financing; Working capital management; Financing; And international finance.

3. Risk management and decision analysis (decision analysis and risk management 25%): related data concepts; Cost, output and profit analysis; Marginal analysis; Self-made or outsourcing decisions; Pricing; The significance of income tax in business decision analysis: operational risk, disaster risk, financial risk and strategic risk; Uh.

4. Investment decision (20% of investment decision): cash flow estimation; Concept of discounted cash flow method; Net cash value; Internal rate of return; Non-discount analysis skills; The significance of income tax in investment decision-making; Classification of investment projects; Risk analysis; Real option; And value model.