[Anonymous]

IF you are using Becker to study for FAR, you’ll notice that Chapter 10 is a compilation of random stuff from different chapters. I am taking the live class and they intentionally do not cover that chapter, saying we are responsible for it on our own. I have gone through all the other chapters and I’m looking to start reviewing. How much time do I really need to spend on Ch. 10? Even if you are not using Becker, how important are the topics below for the exam? Topics covered are below:

1. Fair value measurement

2. Partnerships

3. Variable interest entities

4. Asset retirement obligations

5. Troubled debt restructuring

6. Other liabilities and debt covenants

7. Estimated and accrued liabilities

8. Contingencies

9. Subsequent events

10. Financial instruments

11. Review of IFRS vs. GAAP

12. Liquidation basis of accounting