All posts

326, i.e. the 2026 Term 3 FAR final exam, was relatively straightforward overall. We would rate the difficulty at around 1 star out of 3, and in our view it was easier than the first two FAR exams in 2026. Overall Comments 1. Consolidation was always going to be a key area As we said before the exam, Consolidation is a must-know topic. Most of the question could be answered using the standard consolidation template. This time, the exam included NCI calculations, which were ve

Enrolment for 2026 Term 4 officially opened on Tuesday, 4 August 2026. For most subjects, enrolment remains open for around one to two months. Ethics is the exception, with only around two weeks available for enrolment. Before enrolling, you need to apply for provisional membership first. In practice, we have seen some students receive approval in around three days, but CA ANZ officially states that the process can take up to 20 business days. So if you are planning to start

By looking at the previous FAR exam and the topics covered in OA1 this term, we can make some reasonable predictions about what may appear in the 326 final exam. The key principle here is not to predict exactly what will be tested. Instead, we use an elimination approach: if a topic has already been tested extensively in the previous exam or in OA1, the likelihood of it being tested heavily again is probably lower. FAR 326 Final Exam – For Reference Only Topics less likely to

📊 Solving three key questions that confuse many candidates What is the tax base? Why is the tax base of many accounting provisions zero? Why does an asset with a carrying amount greater than its tax base give rise to a DTL, while a liability with a carrying amount greater than its tax base gives rise to a DTA? What is the tax base? Remember this in one sentence: 🔴 Carrying amount = how much accounting thinks it is worth🔴 Tax base = how much the tax authority thinks it is w

This semester, RTA has introduced AI-assisted marking for assessments. For those familiar with the CA marking process, it often feels like a "black box." Sometimes, you only receive an overall score without knowing exactly where marks were lost. Even when question-by-question marks are provided, it can still be unclear why certain marks were deducted. After reading the feedback, many students are left wondering how they can improve for future assessments. The introduction of

The official FAR226 pass rate was below 65%, making it one of the lowest pass rates in recent years. After reviewing the exam paper and examiner feedback, I believe there were several key reasons behind the result. 1. Fewer Questions Closely Resembling Past Exams Many candidates rely heavily on practising past exam questions. While there is nothing inherently wrong with this approach, FAR226 demonstrated the limitations of relying on past papers alone. For example, Question 1

In this blog, we cover the following key areas: 1. FAR Content Overview 2. Requirements to Pass the Module 3. Core...