FAR Study Guide
FAR Study Guide
(1) Read the concepts on the lecture notes portion of the handouts and via app.
(2) Watch the video lecture on concepts discussion.
(3) Answer first the exercises on your own before watching the video discussion on such exercises. This will con
(4) Watch the video discussion on exercises.
(5) Answer the quizzers. These are do-it-yourself drills.
(6) Attend bi-montly live consultation via app to confirm your knwoledge and to address some of your concerns.
(7) Message the reviewers for any concerns and queries.
Gentle Reminder: The success of this study guide heavily depends on your self discipline and motivation. Please
We believe that you can do it and so should you! :)
CATEGORY TITLE
Introduction to Accountancy Profession and Preface to PFRS
Conceptual Framework for Financial Reporting
Cash and Cash Equivalents
Trade and Other Receivables
Inventories
Biological Assets
Property, Plant and Equipment (PART 1)
Property, Plant and Equipment (PART 2)
Government Grant
Borrowing Costs
Wasting Assets and Depletion
Intangible Assets
Impairment of Assets
Investment in Equity Securities
Investment in Associates
Investment in Debt Securities
Investment Properties
Funds and Other Investments
Current Liabilities
Notes & Loan Payable
Bonds Payable
Compound Financial Instrument
Provisions
Employee Benefits
Income taxes
Leases
SHE Part 1
SHE Part 2
Share-based payments
Book Value per Share
Earnings per Share
Financial Statements Part 1
Financial Statements Part 2
Statement of Cash Flows
Operating Segments
NCAHFS and Discontinued Operations
Events after Reporting Period
Related Parties
Interim Financial Reporting
Accounting Changes and Error Correction
Cash to Acrrual Basis
Accounting Process
SMEs
Month
September
October
November
December
January
February
March
April
Notes:
1) The fast-paced review schedule is for those students with solid foundation in FAR. Hence, they just want to re
2) The fast-paced program is good for 18-20 weeks. The remaining weeks before the CPALE is the study period o
er 5, 2023 to April 25, 2024
Week # Topic/(s)
1
2
3
4
1
2
3
4
1 Topic 01 & 02
2 Topic 03
3 Topic 04
4 Topic 05 & 06
1 Topic 07 & 08
2 Topic 09 & 10
3
Christmas Break
4
1 Topic 11 & 12
2 Topic 13 & 14
3 Topic 15 & 16
4 Topic 17 & 18
Holiday break. Take a breather and enjoy your time doing things you love :)
3rd Monthly Assessment Examinations (Coverage: Topics 13 - 19)
1 Topic 05 & 06
2 Topic 07
October
3 Topic 08
4 Topic 09 & 10
1 Topic 11
2 Topic 12 & 13
November
3 Topic 14 & 15
4 Topic 16 & 17
1 Topic 18 & 19
2 Topic 20 & 21
December
3
Christmas Break
4
1 Topic 22 & 23
2 Topic 24
January
3 Topic 25
4 Topic 26
1 Topic 27 & 28
2 Topic 29 & 30
February
3 Preboard Break
4 Topic 31
1 Topic 32 & 33
2 Topic 34
March
3 Topic 35 & 36
4 Holy Week Break
Holiday break. Take a breather and enjoy your time doing things you love :)
3rd Monthly Assessment Examinations (Coverage: Topics 13 - 19)
1
2
October
3
4
1
2
November
3
4
1
2
December
3
Christmas Break
4
1 Topic 01 , 02 & 03
2 Topic 04 & 05
January
3 Topic 06, 07 & 08
4 Topic 09, 10, & 11
Holiday break. Take a breather and enjoy your time doing things you love :)
3rd Monthly Assessment Examinations (Coverage: Topics 13 - 19)