Just how important is IFRS for FAR?

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  • October 7, 2011 at 4:24 am #162093
    Anonymous
    Inactive

    I know I can’t ask about specifics regarding people being tested on IFRS for FAR, but I’m just curious as to how heavily this is being tested during it’s first year. I figure as each year passes it’ll increase in importance. Considering this is the initial year including IFRS, maybe it’s not being tested as heavily? Any thoughts?

    Thanks!!!

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  • October 7, 2011 at 4:45 am #302766
    Yvonne570
    Member

    It's always much safer to know both IFRS and GAAP – along with the differences. You never know what they will test. There are similarities with key differences. With a 43% pass rate this year in FAR, doesn't hurt to prepare for the worst.

    AUD - Passed:)
    FAR - Passed:)
    REG - Retake TBD
    BEC - Missed by 3 points Retake TBD

    October 7, 2011 at 5:09 am #302767
    Anonymous
    Inactive

    Know it. I had more IFRS material than I anticipated on my exam in July.

    October 7, 2011 at 5:16 am #302768
    Anonymous
    Inactive

    Definitely know it. There's more than you probably imagine. No idea if they actually count these questions though.

    October 7, 2011 at 5:53 am #302769
    Anonymous
    Inactive

    Yes, hell yes know it. I had more question of IFRS than I did Gov't/Nfp. If I don't pass the exam it's because of IFRS.

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