2020年注会会计岛CPA财管思维导图

第十八章 全面预算·········································································· 28 第十九章 责任会计·········································································· 29 第二十章 业绩评价·········································································· 30 第二十一章 管理会计报告 ································································ 32
投资组合的风险与报酬
总期望报酬率＝Q×风险组合的期望报酬率＋（1－Q） ×无风险报酬率
资本市场线 总标准差＝Q×风险组合的标准差
资本市场线与有效边界集的切点称为市场均衡点，它代表 惟一最有效的风险资产组合
组合风险
目 录
第一章 财务管理基本原理 ·································································· 1 第二章 财务报表分析和财务预测 ························································· 2 第三章 价值评估基础 ········································································ 5 第四章 资本成本··············································································· 7 第五章 投资项目资本预算 ·································································· 8 第六章 债券、股票价值评估 ······························································· 9 第七章 期权价值评估 ······································································ 10 第八章 企业价值评估 ·······································································11 第九章 资本结构············································································· 12 第十章 长期筹资············································································· 13 第十一章 股利分配、股票分割与股票回购 ··········································· 16 第十二章 营运资本管理 ··································································· 18 第十三章 产品成本计算 ··································································· 21 第十四章 标准成本法 ······································································ 24 第十五章 作业成本法 ······································································ 25 第十六章 本量利分析 ······································································ 26 第十七章 短期经营决策 ··································································· 27
投资回收系数（A/P，i，n），是普通年金现值系数的倒数
年金终值与现值
预付年金 递延年金 永续年金
F=A×[(F/A,i,n+1)-1] P=A×[(P/A,i,n-1)+1] F=A×(F/A,i,n) P=A(P/A,i,n)×(P/F,i,m) 无终值
P=A/i
风险与报酬
风险的含义
单项投资的风险与报酬
第三章 价值评估基础
利率
基准利率
基准利率及特征 基准利率的特征
市场利率的影响因素 无偏预期理论
利率的期限结构 市场分割理论 流动性溢价理论
市场化 基础性 传递性
货币时间价值的概念
复利终值：
称为复利终值系数，用符号（F/P，i，n）表示
复利终值 与现值
复利现值：
称为复利现值系数，用符号（P/F，i，n）表示
投资组合的风 险与报酬 资本资产定价模型
风险衡量指标：预期值、方差、标准差、变异系数 风险比较
价值评估基础
利率
Байду номын сангаас货币时间价值
风险与报酬
风险的含义
单项投资的风险与报酬
风险衡量指标：组合期望报酬率、组合标准差、组合贝塔系数
相关系数与风险组合的关系
有效集与无效集
机会集与相关系数的关系：相关系数越小，机会集曲线越弯曲，风险分 散化效应越强。
（P/F，i，n）与（F/P，i，n）互为倒数
当m=1时，有效年利率＝报价利率
当m>1时，有效年利率>报价利率 报价利率与有效年利率
货币时间价值
报价利率与计息期利率 计息期利率=报价利率/每年复利次数
普通年金
F=A×(F/A,i,n) P=A×(P/A,i,n)
偿债基金系数（A/F，i，n），是普通年金终值系数的倒数