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Overview of Australian financial accounting 7th edition:
Right now, Australian financial accounting is leading in the market of text books in financial accounting. Craig Deegan the author of this book is has done a great job by successfully communicating the details that is important to understand and evaluate financial reporting. The 7th edition of this book is fully modernized and offers students with the strong base for their studies and future career. There are certain things that are new in this edition that are as follows:
- More chapter exercises are there in the new edition.
- New edition includes the reporting of current changes in the meeting of US Financial Accounting Standards Board and IASB.
- It also includes that how financial crises create an impact on other international central banks.
- It also includes detailed review of the chapter on accounting for financial instruments.
- Addition of new international standards and project and completely new working standard that demonstrate changes to practice.
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