Chapter 1 Financial Accounting and Accounting Standards Assignment Classification Table (By Topic) Topics Questions Brief Exercises Exercises Critical Thinking 1. Environment of accounting, principles, objectives, standards, accountingtheory. 1,2,3,4 1 1 1 2. Authoritative pronouncements and rule-making bodies. 5,6, 7,8 2 2 2 3. Conceptual frameworkgeneral, objective of financial reporting. 9, 10 3 3,4 4. Qualitative characteristics of accounting. 11,12, 13, 14, 15, 16,17 3,4, 5, 6, 7 4,5,6 5, 10 5. Elements of financial statements. 18, 19 8, 9 7 6. Basic assumptions and principles. 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30,31 10, 11, 12, 13, 14 4, 8, 9, 10, 11, 12 6, 7, 8, 9, 11 7. Cost constraint. 32,33,34 8. Role of pressure groups. 35, 36 12, 14, 15, 16, 17 9. Ethical issues. 37, 38,39,40 13