Changes for Summer 2024 and subsequent exam sittings

(The attached PDF file has better formatting.)

The old FA Module 11 (Operating leases and finance leases) and the old FA Module 19 (Foreign currency translation) are difficult and rarely used by most actuaries. The material from these two modules has been removed from the financial accounting on-line course syllabus; the final exam problems will not test leases or foreign currency translation.

The remaining modules are renumbered to keep the 24 module sequence. Material from the textbook that is not tested on the final exam is specified in the “overview” postings. No material has been added to the syllabus.

Students taking the Summer 2024 course need complete only 18 of the remaining homework assignments.