3 days until FAR - Page 2

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  • #169194
    Anonymous
    Inactive

    I take the exam on Tuesday. This past week, I’ve been focusing on Stockholder’s equity, bonds/leases, consolidations, statement of cash flows, pensions, NFP, gov’t, and nonmonetary exchange since I feel those are the really important subjects.

    What I haven’t done, however, is brush up on the smaller subjects that I’m not as familiar with, such as sale-leaseback, foreign currency accounting, partnerships, troubled debt restructuring, ratio analysis, and estimated accrued liabilities. With 3 days until the exam, how much time should I put into these “smaller” subjects? I still plan on doing Becker/Wiley MCs on the bigger subjects.

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  • #337732
    Anonymous
    Inactive

    Okay, so I have Jeff's Ninja Notes for IFRS differences but I feel the exam questions will go beyond just knowing the differences between GAAP and IFRS. What's the best way to study IFRS?

    #337733
    mgoloubenko
    Member

    @dualmatrix, regarding your dollar value LIFO: I can totally relate. When I initially covered it, I though it was annoying to begin with. Then I saw that FAR practice final question, and I was like you must be kidding me. So annoying, time consuming.

    FAR 4/9/12- PASSED
    BEC 7/13/12- PASSED
    AUD 8/16/12- Ughhh 71, Rematch: 90!!!
    REG-12/6/12 PASSED

    USC MAcc- Fight on!

    They say good things come to those who wait, but only those things that are left by those who hustle.

    #337734
    Anonymous
    Inactive

    I am so sorry about the Gov/NFP Sims comment. I did not know they had changed it. In the past there weren't any Sims on Gov/NFP. My bad!

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