I am really curious as to how the IFRS questions are worded, are they similar to NINJA questions or the WTB ones, where you just identify the differences, or are do they require calculations?
They are similar to how you see them in WTB and Ninja MCQ's. They aren't overly complicated questions mostly theory type or at least the ones I got were theory.
The one feature I liked in Gleim was you can filter out all the IFRS questions in their test bank and practice those alone. I think Gleim really helped me be prepared for the IFRS stuff I saw
I don't see that in WTB nor have I noticed it in Ninja Mcq's.
At the end of the day its a lottery. You just don't know what you will see. The others will say theirs was more calculation types but I am sure it won't be super complicated. It will be more straight forward IE if your know the difference between IFRS and GAAP you should be able to do well in the exam.
@ahugemistake – all of my IFRS questions were calculations. wish i could tell yah more, but because of disclosure policies, i have to stop there. i hope that helps!
Most of the IFRS I saw were calculations. They never ask you to explain the difference between gaap and IFRS. I probably got 10 IFRS questions all covered by Becker.
Thanks for the help guys, and I definitely understand the constraints of the disclosure policies! I just wanted to know if the IFRS questions were total curve balls or similar to the MCQtest banks.
@brainfarts well of course you should start from the first season and as soon as you start watching it the time will pass by real quick. Hope you enjoy it
@ahugemistake – A little yes and a little no…Some test banks are better than others as far as IFRS go. Exam Matrix was a bit skimpy in that regard, but I was using the 2013 test bank. Ninja MCQ was a bit better. But as has been said, focus on the theory behind IFRS and you should be ok. It wouldn't hurt to look at some of the IAS as well.
Using Ninja MCQ, NINJA Notes, Audio, Flashcards and BLITZ, and 2014 Wiley Text
FAR - (61,63)
AUD - (68)
Keep Calm and RTMFQ
Accountant, what is best in life? To crush your MCQs, see them driven before you, and hear the lamentation of their SIMS!
Yes I think so too.. Have to bug my hubby today night to have us start watching it 😀
part of me is worried — what if I get addicted ?
Like I got hooked on Mixology. I know its a stupid show but it was 30mins of laughter for me 🙂 Its no longer going to be aired but still my husband and I were in tears.
I am continuing to study for FAR just in case I have to take it first of July. I pretty much know I am going to have to retake it. It looks like I might be the only one doing this. Does anyone have suggestions on retaking the exam?
FAR - JULY 2014 - PASSED
BEC - MAY 2015 - PASSED
REG - AUG 2015 - PASSED
AUD - AUG 31 2015
@brainfarts I am warning you in advance you'll get hooked
@jenni don't worry too much right now. None of us feel good about our performance but just in case if you want to keep studying try to do progress tests of 30 MCqs until score release so that things stay fresh. For my AUD retake I started from scratch and added NINJA combo and WTB. I was using Becker only for my first time. Hope this helps Good luck
@njpru seriously not just the FAR q3 group but other groups from Q2 as well. The number of responses and pages on this thread put all the others groups/threads on this forum to shame 😛
I'm not trying to pressure any of you that just took your last test, but please feel free to offer a lot of advice about REG and check in on the Q3 REG group to help answer questions. 🙂 Just in case you weren't sure what to do with yourselves since you don't have a test to study for anymore.
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