Is FAR changing in early 2010?

  • Creator
    Topic
  • #156688 Reply
    Anonymous
    Inactive

    I have been hearing rumors that FAR is changing in 2010 to include IFRS, etc. Can anyone confirm this? My materials are 2009 so I may consider trying to take the exam at the end of November if they are planning on changing the exam so soon.

Viewing 9 replies - 1 through 9 (of 9 total)
  • Author
    Replies
  • #209422 Reply
    jeff
    Keymaster

    You're good to go in 2010…no IFRS until 2011 at the earliest

    https://www.another71.com/cpa-exam-changes-in-2010-what-you-need-to-know.html

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    Another71 | NINJA CPA
    #209423 Reply
    Anonymous
    Inactive

    When will the research section in FAR contain the codified standards?

    #209424 Reply
    jeff
    Keymaster

    TBD…no announcement…was supposed to be in Sept.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    Another71 | NINJA CPA
    #209425 Reply
    Anonymous
    Inactive

    I've been told no IFRS until 2012 at the earliest. The CPA Exam covers standards from the prior year (i.e. this year's REG uses the 2008 tax standards). The SEC will decide on the future of IFRS in 2011 and therefore, I wouldn't expect to see it until 2012.

    #209426 Reply
    aazaidi2000
    Participant

    Hi John:

    I am planning to take FAR exam in Jan. 2010, my question is that, the new exam format will be the same as it is in 2009 or it will be changed to following structure?

    CBT-e Structure

    ? 3 Multiple-Choice Question (MCQ) testlets containing a total of 90 questions

    ? 1 Testlet containing 7 short Task-Based Simulations (TBS)

    ? CBT-e Testing Time: 4 hours

    Thanks

    Syed

    Syed Zaidi
    BEC Passed, FAR Passed, AUD Passed, REG (Passed), Ethics (Passed), Done

    #209427 Reply
    MadamJ
    Participant

    Jeff says that this will not start until 2011. Not 2010.

    #209428 Reply
    jeff
    Keymaster

    Correct – the big change happens in 2011.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    Another71 | NINJA CPA
    #209429 Reply
    Anonymous
    Inactive

    your good to go; study now and you will be fine; Jan tests are cool; if you get the cod questions I bet they would be testing the waters questions and not graded…….

    #209430 Reply
    aazaidi2000
    Participant

    Thanks Jeff and others

    Syed

    Syed Zaidi
    BEC Passed, FAR Passed, AUD Passed, REG (Passed), Ethics (Passed), Done

Viewing 9 replies - 1 through 9 (of 9 total)
Reply To: Is FAR changing in early 2010?
Your information:





<a class="" href="" title="" rel="" style="" download="" target=""> <abbr> <blockquote class="" style="" cite=""> <div class="" style=""> <span class="" style=""> <code class="" style=""> <pre class="" style=""> <em class="" style=""> <i class="" style=""> <b class="" style=""> <strong class="" style=""> <del datetime="" class="" style=""> <h1 align="" class="" style=""> <h2 align="" class="" style=""> <h3 align="" class="" style=""> <h4 align="" class="" style=""> <h5 align="" class="" style=""> <h6 align="" class="" style=""> <ul class="" style=""> <ol class="" style="" start=""> <li class="" style=""> <img class="" style="" src="" border="" alt="" height="" width=""> <table align="" bgcolor="" border="" class="" style=""> <tbody align="" valign="" class="" style=""> <td align="" valign="" class="" style=""> <tfoot align="" valign="" class="" style=""> <th align="" valign="" class="" style=""> <thead align="" valign="" class="" style=""> <tr align="" valign="" class="" style="">

Return to Forum Home