IFRS

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  • #1536193
    kris
    Participant

    I’m not sure how much I gotta study IFRS in FARE.. Can anybody who took FARE in this window give me a advise on IFRS?? Should I study how to calculate the whole things? or just differences in concepts?

    Becker says the following..
    On the new FAR Exam, the testing of IFRS will be limited to testing only the differences between IFRS and U.S. GAAP rather than testing IFRS in its entirety as a standalone financial accounting and reporting framework.

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  • #1536237
    Anonymous
    Inactive

    Just know the differences. Do NOT skimp on IFRS. It is one of the reasons I failed faR.

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