A leading book of questions on financial accounting, this book is designed to meet the needs of students in financial accounting.

It has been successfully used with the Gripping GAAP textbook by CL Service at a second year, third year and intermediate honours level for over 20 years. In ensuring that the book is user-friendly, and to enable both lecturers and students to identify questions easily, the contents page of each chapter includes the name of the relevant entity and a detailed description of the key issues in each question. A detailed set of solutions, in electronic format, is available from the publishers to the relevant lecturers at those institutions that prescribe this book.

The ongoing international harmonisation and improvements projects have seen a proliferation of revised and re-revised standards, interpretations and exposure drafts. This edition has been updated for all relevant standards.

Gripping GAAP is designed for those who wish to: fully understand the concepts and principles of accounting be able to study their syllabus without the aid of daily lectures (e.g. students studying on a distance learning basis);qualify as chartered accountants; and keep abreast of the changes to international financial reporting standards.