Financial Accounting Issues

Financial Accounting Issues, 2nd edition has been written for courses that specifically deal with the analysis of accounting issues or that combine the teaching of accounting theory with specific issues facing the accounting profession. The text is also relevant to postgraduate students undertaking their Professional Year or CPA exams. After using this text, students will be able to understand the accounting standards analysed, be aware of any debate concerning theoretical issues within each standard, and be able to implement these standards on a practical basis.Building upon the practically oriented style of the first edition, Financial Accounting Issues, 2nd edition contains new information on regulation and standard setting in Australia, more illustrative examples, and updated end-of-chapter discussion questions and problems. The material covering the more challenging aspects of the subject has been substantially rewritten to make it more understandable to undergraduate students.