隨著ACCA2010年12月份考試的結束,考生正式進入ACCA2011年6月份的考試備考當中,為幫助廣大考生迅速掌握考試要點,定位好備考重點,中華會計網校本著服務廣大考生、努力讓廣大考生的複習、備考事半功倍的宗旨,將陸續公布2011年6月份ACCA考試大綱和學習指南,以饗考生！該大綱和學習指南旨在幫助考生規劃學習,並為每一部分的考點提供詳細的信息。
H RISK MANAGEMENT
1.The nature and types of risk and approaches to risk management
a)Describe and discuss different types of foreign currency risk:[2]
i)translation risk
ii)transaction risk
iii)economic risk
b)Describe and discuss different types of interest rate risk:[1]
i)gap exposure
ii)basis risk
2.Causes of exchange rate differences and interest rate fluctuations
a)Describe the causes of exchange rate fluctuations,including:
i)balance of payments [1]
ii)purchasing power parity theory [2]
iii)interest rate parity theory [2]
iv)four-way equivalence [2]
b)Forecast exchange rates using:[2]
i)purchasing power parity
ii)interest rate parity
c)Describe the causes of interest rate fluctuations,including:[2]
i)structure of interest rates and yield curves
ii)expectations theory
iii)liquidity preference theory
iv)market segmentation
3.Hedging techniques for foreign currency risk
a)Discuss and apply traditional and basic methods of foreign currency risk management,including:
i)currency of invoice [1]
ii)netting and matching [2]
iii)leading and lagging [2]
iv)forward exchange contracts [2]
v)money market hedging [2]
vi)asset and liability management [1]
b)Compare and evaluate traditional methods of foreign currency risk management.[2]
c)Identify the main types of foreign currency derivates used to hedge foreign currency risk and explain how they are used in hedging.[1]
(No numerical questions will be set on this topic)
4.Hedging techniques for interest rate risk
a)Discuss and apply traditional and basic methods of interest rate risk management,including:
i)matching and smoothing [1]
ii)asset and liability management [1]
iii)forward rate agreements [2]
b)Identify the main types of interest rate derivates used to hedge interest rate risk and explain how they are used in hedging.[1]
(No numerical questions will be set on this topic)
READING LIST
This section only contains examiner suggested reading which is in addition to the study texts and/or revision materials and/or other reading listed within the learning content provider directory.
Additional examiner suggested reading:
A Griffiths,D Wall,Applied Economics(11th edition)FT Prentice Hall ISBN 978-0-273-70822-3 / 0-273-70822-3
D Watson,A Head,Corporate Finance:Principles and Practice(5th edition)
FT Prentice Hall ISBN 978-0-273-72525-1
J Van Horne,J Wachowicz,Fundamentals of Financial Management(13th edition)
FT Prentice Hall ISBN 0-273-71363-9 / 978-0-273-71363-0
Further details on reading lists and Approved Learning Content can be found in the first few sections of this guide and on the following link.
http://www.accaglobal.com/learningproviders/alpc/content_provider_directory/search/