[Anonymous]

I am taking FAR mid-january. How much focus should I put on IFRS?

[ledgermaven]

a lot. pretty new material since just started testing in this last year, and definately the way things are going. I'm hitting it hard in every chapter.

[See Pee A]

It's a relatively minor topic, but luck of the draw on your exam could still make it worth several points that could push you over passing. Don't focus extra time here, but at least learn the major differences and also review the IFRS v. GAAP (e.g. lower-of-cost-or-market inventory comes to mind here). Don't worry about every last detail. This goes for everything since you just can't consume all that information.

Don't lose sight of the forest for the trees.

BEC 86 (08/30/11)
FAR 84 (10/13/11)
REG 88 (11/08/11)
AUD 86 (11/29/11)

Exam prep - Becker self-study

[Anonymous]

More than I thought when I took FAR back in Aug, some questions I totally had to guess.

I will think you would get more of those in year 2012.

[Anonymous]

A LOT, i personally got tons of IFRS, however, some of my friends told me that they got little IFRS, so back to your question, it depends on your luck, but I would definitely study those.

[Author]

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