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Originally Posted by Zohaib786
brother raz.. plz guide me about accounting and auditing.. is the british and american rules have impact on the papers.. bcz we have studied in american method. meig. uzry..hilton books..
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Paper-1: Financial Accounting
Rules are not substantially different whereas terminology do differ. Like Debtors in British and Accounts Receivables in American. Creditors in British and accounts payable in American. Pakistani books rely more on British terminology. Paper checkers prefer Pakistani trend which is covered in M.A. Ghani's books and Petiwala's books. They have followed British terminology.
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brother what u suggest do i opt it,,
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Yes, if you have reasonable understanding of accountancy and auditing. Accounting can enhance your merit.
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and second plz will u clear me about the combination of total sub-subjects in this option.. i mean i have to study taxation and auditing.. for this or any 1 of them.
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Paper-2: You have to study Cost Accounting, Auditing, Taxation, and some topics of Business organization. You don't have option to skip any of these 4 subjects. However; you need not study 100% of these 4 subjects. Only selective topics are sufficient to attempt paper for 200 marks.