Quote:
Originally Posted by Awesum Farhan
I'm doing MBA Finance.. I did accounting in BBA (Hons) Finance.. In almost all universities of Pakistan teachers give more emphasize on numerical questions instead of theory... You should study Theory to get Conceptual Understanding of Accounting.. Otherwise you'll not be able to comprehend the numerical questions fully.. So don't worry at all.. Just study Business Accounting 1 and 2 By Frank Wood for theoretical portion.. Because it's very basic and easy book. In Pakistan we are using UK standards IAS and IFRS that's why i'm recommending you Frank Wood not Meigs and Meigs who's from US..
I'm not recommending Pakistani books because it lacks theoretical framework but good for Numerical questions..
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Nope brother they are not UK standards and local laws supersede any international standards so we are following Mixture of local laws and International Standards further IAS are part of IFRS that's clearly mentioned in IFRS I know because I am CA finalist with 5 years experience further if you want I can provide you specific references