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Topic Description
Generally Accepted Accounting Principles (GAAP) Understanding and application of the set of accounting principles and standards
International Financial Reporting Standards (IFRS) Comprehension and implementation of the global accounting standards
Revenue Recognition Recognizing and measuring revenue in financial statements
Lease Accounting Accounting treatment for leases, including classification and recognition
Financial Instruments Accounting treatment for various financial instruments like stocks, bonds, derivatives
Consolidation of Financial Statements Consolidation of financial statements for entities with subsidiaries or controlled entities
Accounting for Income Taxes Recognition and measurement of current and deferred tax assets and liabilities
Inventory Valuation Methods and techniques for valuing inventory and lower of cost or net realizable value

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