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CHAPTERS COVERED BY TOPIC 1








            1. Background and Introduction


            2. Framework for the preparation and presentation of

                    financial statements and standard setting


            3. Presentation of financial statements


            4. Inventories


            5. Income taxes


            6. Accounting policies, changes in accounting estimates
                    and errors


            7. Fair value measurement


            Additional questions covering above topics – helps you to

            consolidate understanding of concepts and principles



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