I hate the Tax section of CFA more than anything else. What would you guys hate the most?
Probabilities: i dont know from where a conditional probability appears which some unconditional probabilities
it has to be IFRS and GAAP convergence for me.
Long lived assets I think or taxes
Calculating cash flows… I never seem to get those right.
It’s close among some of the FRA topics but I’d have to agree with taxes.
I tend to get questions about the p-value consistently wrong although the quant methods section is otherwise my best.
for me its impossible to pick just one! I HATE DTL/DTA, USGAAP/IFRS differences and probabilities.
Taxes by far. I tried to read that section twice and each time it made absolutely no sense. Plus reading the word “tax” just makes you cringe.
DTL/DTA stuff, long lived assets, and macro econ stuff. Sometimes I approach the questions and I get frustrated and then I tell myself, that 1 outta 3 isn’t so bad and I move on.
IFRS and GAAP, all Econ (charts), leases. I had to go back to elementary probability just to finally manage that section.
this boring IS/LM Econ stuff that I can’t keep in mind…
Toss up between Econ and FSA. End of story 
lots of tax material in the L3 curriculum
my worst section was probably at the end of the last section…when the exam was over with =(