Questions, exercises and problems in financial accounting

This book of questions, exercises and problems has been prepared to accompany the textbook, A concepts-based introduction to financial accounting. The chapters in this book correspond to the chapters in the textbook for ease of reference when both books are used together. However, this question book can be used independently of A concepts-based introduction to financial accounting. Each chapter is divided into a selection of questions, exercises and problems. The questions are multiple choice and ensure understanding of a topic before moving on to the exercises and problems. The exercises are generally shorter in length and less complex than the problems, and can be used to develop proficiency in a topic where students are expected to reach the standard of the problems. On the other hand, where the level of the course dictates, the problems can be ignored and the exercises used in their place. The problems are longer and more complex in nature, requiring an in-depth understanding of the topic. In addition, there are three revision sets (after chapters 10, 16 and 23) which provide comprehensive coverage of material covered in earlier chapters. These are also excellent exam preparation material. The book and accompanying solutions are up-to-date with the latest requirements of International financial reporting standards.