You will need to know how to:
Knit
Purl
Knit in the round
Join a new ball of yarn
Read a knitting chart
Knit with two colors

You will need:
Two balls of Worsted Weight Yarn
Lion Brand in Gold 80% acrylic 20% Wool ease yarn
Bernat Satin in Snow 100% acrylic yarn or any white scrap yarn
Size US 8 circular knitting needles; I’d recomend 16” circulars
XL Pompom maker
Tapestry needle
Measuring tape
Stitch markers
Scissors

http://knatalieknits.tumblr.com/ has great tutorials!