标题: If not specified: IFRS or US GAAP [打印本页] 作者: meghanjackson 时间: 2011-7-13 13:44 标题: If not specified: IFRS or US GAAP
Hello - What is the presumption if not specified in the question this year: IFRS or US GAAP. I've heard both (from different sources), so if someone happens to know where it's mentioned in the CFAI books, that would be very helpful.
I know it will probably be mentioned in the question on the actual test, but it would be good to know just in case.
Thank you.作者: cv4cfa 时间: 2011-7-13 13:44
The default is IFRS. If US GAAP are applied they will clarify it.
I read it somewhere in the CFAI exam info. I shall post the link if I happen to come across again.作者: maryli 时间: 2011-7-13 13:44
From what I remember last year there wasn't a blanket statement of "Assume IFRS/GAAP unless otherwise told differently" on the exam.
I wish every single question was tested under GAAP. Because the GAAP standards are merging into IFRS into a few years we'll probably see more IFRS related questions. Just a guess though, plus IFRS is more tricky imo.
