@sammunoor
You do need to know the differences between IFRS and GAAP. Becker has a nice summary at the end of each section. I followed Becker's suggestion of learning GAAP first and then studying the differences between the two, and it worked well for me.
FAR is exhausting, but I think the main reason people don't finish is that they run out of time. Most of the problems require calculations instead of being just theory so they take longer. The best way to get thru the exam is to set a schedule and stick to it. You have to do the SIMS last so make sure you allow enough time for them. I'd recommend at least 1 1/4 hours and preferably 1 1/2. Work backwards from this to determine how much time to allow for each testlet remembering the first one is probably going to be the easiest. Stick to this schedule no matter what. If you're stuck on a MCQ move on, and come back to it after you finish everything else. If you still don't know the answer and don't have any spare time, make your best guess and move on. It's better to miss a MCQ (which may be one of the 20% that don't count) and have enough time for the SIMS.
I used the Becker and Wiley texts but not the Becker videos so I can't answer your question as to whether they and the Passmaster questions are enough. You do need to thoroughly know the material. I liked the Becker text better than Wiley but preferred the Wiley problems because they were tougher. I used the Wiley test bank as well and felt that it really helped me both learn the material and improve my speed.
You have a lot on your plate, but you do have enough time if you study effectively and stick to a schedule. Look through this thread and others asking for study tips for FAR for ideas that might be helpful.
Hope this helps. Good luck with your studies.
FAR 4/1/11 - 89
AUD 4/15/11 - 85
REG 4/29/11 - 80
BEC 5/13/11 - 85
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