Personally I put it down to more holdays in Europe (yes Italy, I’m taking to you!) to study. Though back in the good ol’ days in England, we had 33 bank holidays / year. Imagine that…
eltia Wrote: ------------------------------------------------------- > I am more inclined to agree. After I have gone > through the FSA materials for L2, I found GAAP > quite ad hoc and confusing at times. That is why most countries have or will be adopting IFRS… Will be interesting, we may be one of the last group of candidates to be tested on US GAAP, after 2014 when US adopts (need confirmation on date), no more US GAAP on CFA exams…
HA HA yes. I was off yesterday -office closed due to the G20 summit protests. Few peeps on here not prepared to accept the statistics eh?
No the pass rates don’t include no shows. So 34% of people who enrolled passed the exam.