FAR Exam Breakdown of Becker Sections

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  • #192173
    Anonymous
    Inactive

    Hi All,

    I am using Becker to study for the FAR exam, which has 10 sections (F1 to F10):

    F1: Standard Setting, Income Statement, and Reporting Requirements

    F2: Matching (Revenue & Expenses), Foreign Currency Accounting, and Other Financial Statement Presentations

    F3: Marketable Securities and Business Combinations

    F4: Working Capital and Fixed Assets

    F5: Leases, Liabilities, and Bonds

    F6: Pensions and Income Tax Accounting

    F7: Stockholders’ Equity, Cash Flows, and Ratio Analysis

    F8: Governmental Accounting

    F9: Governmental and Not-for-Profit Organizations

    F10: Fair Value, Partnerships, VIEs, AROs, Liabilities, Contingencies, Subsequent Events, Financial Instruments, Review of IFRS vs. U.S. GAAP, and Liquidation Basis of Accounting

    Can anyone provide an estimated weight for each section for the exam? (ie. F1 15%, F2 10%, F3 5%, etc.)

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  • #647969
    Anonymous
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    According to my FAR exam diagnostic:

    Framework and Standards (17-23%)

    Financial Statement Accounts (27-33%)

    Specific Transactions/Events (27-33%)

    Governmental (8-12%)

    Not-for-Profit (8-12%)

    It's not exactly in Becker's format, but you get the idea.. which is to MASTER JE's all financial statement accounts, Government and Non-profit.

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