[Anonymous]

It’s listed as an ancillary material in 2011 edition of Becker.

I have learned not to ignore ancillary material, but I’m wondering if this is really vital? I just can’t wrap my mind around it.

FAR is a huge challenge, and I just finished F4. I can only imagine how worse it’s about to get….UGHHHHH. Sorry, just had to vent(:

[Texas27]

It is kind of dumb but I would just know the basics of it… I wouldn't spend a lot of time learning it because the chances of you seeing it on the exam are very small… I think in all of the Becker Passmaster questions there were maybe two dealing with the retail inventory method. I almost completely ignored it when studying.

BEC - Feb 2012: 80
AUD - Feb 2012: 84
FAR - Apr 2012: 78
REG - May 2012: 90

Thanks Becker!

[Anonymous]

Perfect, Thank you:!)

I'm good with retail inventory and conventional inventory and hopefully that's okay. I'll try to go back and understand LIFO/FIFO retail method, but for now, I'm skipping it!

[Lisa_Jane]

In my experience they test heavily in the major topics- especially Lifo and Fifo, and hardly ever on minor stuff. You might get one question. I would not stress about it. Just know all the major stuff like you had to calculate it at gunpoint and you will do fine!

FAR Passed 5/28/14
AUD Passed 1/22/13
BEC Passed 7/12/13
REG Passed 5/9/14
Virginia CPA license issued July 2014

[Anonymous]

Don't worry about it..Focus on the big picture…

[Author]

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