The definitive guide to passing the "highest-level qualification" in construction accounting. This book completely covers the entire scope of the Construction Accounting Examination Level 1 (Financial Statements, Cost Accounting, and Financial Analysis) and is a test preparation problem collection with a total of 100 questions plus detailed answers and explanations. Thoroughly analyzing past exam trends, it is structured around practical, application-based problems directly relevant to real-world practice. To ensure that even self-study examinees can deepen their understanding, frequently appearing themes in each field are carefully organized. ⸻ Contents of this book: • Part 1: Financial Statements (40 questions) Covers corporate accounting principles, percentage-of-completion method, tax effect accounting, consolidated accounting, cash flow, etc. Thoroughly cultivates financial statement creation skills, from theory to calculation problems. • Part 2: Cost Accounting (30 questions) Deepens understanding of construction costs and allocation calculations, and strengthens cost management capabilities, including standard costing, activity-based costing (ABC), and life cycle costing. • Part 3: Financial Analysis (30 questions) Includes financial indicator analysis such as ROE, ROA, current ratio, and equity ratio, as well as understanding of the management evaluation (Y-point, P-point) and practical analysis problems. ⸻ Features: • Practical 100-question structure that completely covers the exam scope • Detailed explanations for each question, allowing for deeper understanding through self-study • Comprehensive preparation for all three subjects: Financial Statements, Cost Accounting, and Financial Analysis