[dgg135]

Good day:

I’m taking FAR next Saturday and I’m doing fairly well (70-80%) but I’m having issues with IFrS. I know the basics (no LIFO inventory measured, lower of cost or net realizable value etc) but I’m finding I’m getting a number of the questions on IFRs wrong.

I also need to work on pension accounting, tax accounting, Bond retirement which I think are a higher priority.

I do want to ask how important it is to know IFrS?
I suspect WileyCPA is asking unusually difficult questions on the topic but I don’t know and would appreciate some thoughts. Thanks.