It depends on your background and education. If you are an auditor then FAR shouldn't be that bad. A lot of information, especially govern. accounting, but it is stuff you see or research everyday at work. Therefore you are more familiar. Plus you have 4 hours to spend at the exam. REG is a nighmare if you have no tax experience. So many rules, exceptions, technical issues, numbers, no logic behind them. It seems that there is no logic, behind deducting expense type A, but not expense type B. Business law is somewhat easier than tax though (it is about memorization and critical judgement) Plus the time at REG is limited.