FRA and struggling

[taqsim]

I have taken more than 30 days …but st ill struggling with FRA??..am I falling really behind for L1 2016?

 

[S2000magician]

No.

 

[josh_16]

My advice… focus on CONCEPTS vs. formulas/mathematics… i’m by no mean an expert by that has helped me.

 

[olajideanuoluwa001]

you still have a lot of time, so make small notes and try solving questions.

 

[aydarm16]

Schweser Notes for CFA level 2 are more helpful to study FRAs than level 1 notes.

 

[taqsim]

Thanks a lot..everyone..but am i the only one who tends to forget to everything after each week?? I have completed Volume 3..but seems i am completely blank on Cash Flow

 

[S666]

aydarm16 wrote:
Schweser Notes for CFA level 2 are more helpful to study FRAs than level 1 notes.

Are you referring to FRAs, as in Forward Rate Agreements? I think OP is talking about FRA as in Financial Reporting and Analysis.
Financial Reporting and Analysis topics are different in L2 than L1 so there would not be much to gain by revising L1 FRA from L2 FRA material.
Forward Rate Agreements on the other hand are indeed well explained in L2 material…

 

[GuyOnABuffalo]

Flash cards help. Plenty of study time left for 2016. You are actually starting pretty early.

 

[busprof]

Here’s a guide that one of the providers put up. It summarizes differences between IFRS and GAAP. It’s obviously from a previous year (if I recall, it’s 2012, so the readings don’t match up), and I haven’t given it a thorough reading and cross-checked it against current year’s material. But it seems to hit most of the differences.
http://www.finquiz.com/sample/download/usgaapvsifrs.pdf