Accounting Standards (Paperback, 5Rev ed)

Each of this edition's chapters gives an introduction to the standard under scrutiny, with an analysis of its nature and purpose, and discusses practical problems in accounting treatment. Worked examples are included at regular intervals to show how theory operates in practice and to improve skills in examination technique. Questions and solutions are also provided for this purpose.;The book covers all extant standards and financial reporting statements, including Financial Reporting Exposure drafts and Urgent Issue Task Force Abstracts.