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Thanks for all of the really good advice guys. Let me ask one more follow up question. The finance department at my school is paying for me to take level 1. I can sign up in June or December and it will only cost me $350. I haven’t signed up yet because I’m waiting for my passport to be renewed. So my question is…
I have no doubt that I can pass level 1 in December if I sign up then but how realistic is passing level 2 in 6 months? Also, keep in mind that I will be working full-time at that point. I also will be in busy season from Jan to March because my job is in public accounting. Also, consider my background again for level 2.
If level 2 is just too hard to do in 6 months while working full-time then I might just bite the bullet and do level 1 this June. TIA guys.
Also, I’ve looked through the FRA LOS for level 1 and the only thing I will need to spend significant time on is the IFRS vs. U.S. GAAP differences. Everything else appears to be 300 level accounting concepts that I can do routinely. I did notice the accounting gets much harder for level 2 (pensions, leases, VIEs, equity method, acquision method etc.)