ajpheif16

I am down the same path right now... dont know how or where I will come out but yes, FRA is tough without any background... I have just completed it... don't remember most of it... though ratios are not difficult to remember... generally u can glean much out of their names... then a few tricks here and there... like margin means some kind of income will be num e.g. NI, EBIT etc... turnover means some kind of total amount will be on top like revenue or Cost of Goods Sold... etc.. plus you will come back to ratios again and again in other readings too so you will be revising them often... also, I feel they keep revisiting the imp differences b/w GAAP and IFRS like LIFO not allowed in IFRS.... I plan to come back to FRA once again if I have time...



Edited 1 time(s). Last edit at Friday, February 4, 2011 at 08:14AM by anish.