Advanced Level Financial Reporting Q&A 2020

New 2020 edition based on the updated 2020 ICAEW Study Manual and including analysis of the financial reporting elements of the 2014 to 2019 Advanced Level ICAEW past papers in both Corporate Reporting and Strategic Business Management. Fully updated for the new Study Manual content on IFRS 16, the 2018 edition of the UK Corporate Governance Code and all other 2020 syllabus changes. Short form question bank providing over 1,000 practice questions for the financial reporting aspects of the Advanced Level. This book is applicable to both the Corporate Reporting and Strategic Business Management papers as the same core financial reporting concepts are tested in both papers. Designed to complement past paper practice by splitting topics and concepts into smaller and more manageable chunks which you can revise many times before the exam, helping the knowledge to sink in. Helps to build your confidence and avoid becoming overwhelmed by the large number of learning points in full exam standard questions and in the vast and dense Study Manual. Instead, our Q&A tests one thing at once and therefore allows you to learn an issue properly before moving on. In this way, you can build your knowledge effectively without trying to cover too much at the same time. Questions are organised into 15 chapters, covering all aspects of the financial reporting element of the Advanced Level syllabus. Analysis of distribution of past paper marks in CR and SBM papers set from 2014 to 2019 to help you focus your revision on key areas. Detailed questions on relevant IFRSs and new Advanced Level material such as pensions, share-based payments, deferred tax, forex and forex consolidation and hedge accounting. Also includes revision of brought-forward FAR topics such as groups, leases and government grants. A substantial number of new questions on IFRS 16 and the 2018 edition of the UK Corporate Governance Code have been added to this 2020 edition. All questions are designed to split topics into smaller parts, allowing you to study one thing at once and gradually build up knowledge. Our short form Q&A method strips the syllabus down into the core components and gives you a 100% active way of learning the models and theories, making it more interesting to revise this very dense syllabus. Please also see our Advanced Level Audit & Assurance Q&A 2020 to complete your revision of the audit and assurance elements of the Advanced Level syllabus content. Please note that we *strongly recommend* that you thoroughly revise your brought-forward financial reporting knowledge from the Professional Level – our Professional Level Financial Accounting and Reporting (IFRS) Q&A 2020 provides the ideal way to do so. See www.acasimplified.com for more information on our Q&A technique.