Hi all , i am a retaker , i would like to share with u my experience that came from last year as well as a couple of sample exams , mock exams, past exams and schweser exams …here are the topics that i beleive will appear in the exam 1- Translation (one item set)…2 to three calculations and three financial effects 2- Pension (one item set) …memorize how to calculate economic pension expense and income statement pension expennse as well as the funded status. 3- Accounting for minority investment , business combinations ( US GAAP uses equity in joint venture …THIS KILLED THE PEOPLE WHO DIDNT KNOW LAST YEAR …I WAS ONE OF THEM OF COURSE 
)…forget to tell u …KNOW ALL THE CALCULATIONS in this part …it is not just analysis 4- Earning quality. 5- PORTER PORTER PORTER !!! ( ONE ITEM SET) … 6- Capital Budgeting (One item set - one question on the effect of something …WC , inflations depreciation method etc on NPV ) 7- U will find two questions maybe on corporate governance …Memorize wht makes an effective gorporate governance system …all other things are best practices 8- All the derivatives is important Forward futures, FRA , swaptions 9- Always know the difference between Nominal And Real …!!! 10- All FI is important 
… 11- The equity part before PORTER …( Not that important ) focus your final study on industry analysis and valuation models … 12-DONT spend much time on portfolio managment riddles …it always come HARD …only 5 % 13- Interest rate parity will be on the exam …know the difference between the domestic and forgin currency …dont mix them up plz 14- Its always that the multiple regresion appears on the exam … Some other topics that CFAI LOVE !! 1- BETA ! 2- Real Estate. 3- The concept of arbitrage …how to make use of it. 4- ANOVA table 5- SWITCHING COSTS !!! 6- Hefindahl index 7- Inflation pass through equation 8- Residual income …sure will find some theoritcal HARD question on this one…example …the effect of capitalization on RI … etc 9- Intrinsic P/E ratio 10-APT 11- CAPM ( Know the difference between equity risk premium and market risk ) …this basic stuff but it can trip u up on exam day ( like the nominal and real thing) AHHHH …U WILL ALWAYS FIND 4 , or 5 QUESTIONS THAT U WILL SPEND FEW HOURS AFTER THE EXAM …SEARCHING IN SCHWSER NOTES WHERE DID THEY COME FROM !!!..AFTER THAT U WILL DISCOVER THAT THEY ARE VERY OBVIOUS , BUT IN THE CFAI CURRICOLUM !!!..however the good news is that u can miss these questions and pass !!! Good luck for all of us
Great work meemee! Thanks for the tips!
Thanks, I have to add that inflation flow through formula to my list of must knows.
sorry, seems I am supossed to remember it but dont have my notes here with me… what were the switching costs about?
frebolledo Wrote: ------------------------------------------------------- > sorry, seems I am supossed to remember it but dont > have my notes here with me… what were the > switching costs about? Switching costs are costs incurred by the consumer when switching from one supplier’s product to another supplier’s substitute product. The higher these costs are, the higher the bargaining power of suppliers, I believe.
correct.
How about PE? Which New material this year most likely has a debut?
thanks
hi, do the actual exam asks you Does So and so make Statement 1 and/or Statement 2 correct? I found these a lot from Schweser exam. thx.
I hate those questions, especially when they change one word and it screws the whole statement up…
THANKS!!!
Thanks for posting this - but don’t forget ETHICS. At a minimum, let’s all make sure we KILL that topic.
bump
They love to ask stuff about which security will best hedge a certain position as well.
Cash collections formula will for see be there
6th of June is the day after the test .
My theory is that major topics outside of Pensions and FSA that were NOT covered on the mock might be on there.
who gave yuh the crystal ball?
what’s the market risk again?
Nice list that probably didn’t work that well a year ago. This year we have a few new readings plus a huge number of pissed off re-takers whom institute would like to surprise again. I wonder if meemee81 passed…