IFRS on FAR?

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  • #2062643
    Tony73085
    Participant

    I’ve been studying with Roger and at the end of each section, he goes over IFRS and GAAP differences.

    Post edited – please read the forum rules:

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    FAR - 78
    REG - 83
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  • #2062823
    irishA
    Participant

    Based on the roadmap, IFRS can be up to 10% of the exam. I think I had some, but they were mostly conceptual, not computational. If you have a general idea of the key differences (no LIFO, CF statement, IFRS assets can be written up & down, etc.) you should be fine.

    AUD - 86
    BEC - 90
    FAR - 95
    REG - 90
    #2065496
    SuperAccountingGod
    Participant

    IFRS is def testable. Doesn't guarantee you'll see a question it tho. My first FAR exam had 3 sims on it and my retake didn't have a single IFRS question. It's all random.

    AUD - NINJA in training

    BEC - NINJA IN TRAINING

    FAR - 74

    REG - NINJA IN TRAINING

    #2065601
    Operation_CPA
    Participant

    One day people will eventually realize that each and every exam is different. That being said, your best strategy is to look at the AICPA released Blueprints and come up with a game plan based off of that percentage. In my opinion, everything is fair game. If I were you, I would study the main differences that Roger, Becker, Wiley, etc. highlight and put some trust in your review course.

    Also – the AICPA reads this forum, to no surprise (It's the biggest CPA forum on the web). Too many “don't study X, Y, Z topics” and you will probably end up with a TBS on it come exam day. That's my view at least.

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