This book has been written in lucid and simple language. It includes fundamental concepts and principles of accounting and auditing. This study material is divided into two main parts. There are "multiple choice" exercises in the textbook, which students are required to answer multiple choice questions. For supplementing the information contained in the textbook, students may refer to the economic and financial dailies, commercial, legal, and management journals, latest economic research, Suggested Readings and References mentioned in the study material, and relevant websites. The textbook aims to give the main and basic information about accounting and auditing, and to provide the students with an explanatory dictionary. There is also a Glossary of financial terms and Transcripts of all the study extracts. The Interactive exercises let students review learning by doing extra activities on their computer; this will be particularly valuable if students use the book for self-study. In the textbook, there are useful phrases and vocabulary, an A-Z word-list with all the key words.
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