Solutions for Modern Advanced Accounting in Canada, 10th Edition Hilton (All Chapters included)
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Course
Advanced Accounting
Institution
Advanced Accounting
Complete Solutions Manual for Modern Advanced Accounting in Canada, 10th Edition by Murray Hilton, Darrell Herauf ; ISBN13: 9781260881295. Full Chapters included Chapter 1 to 12. Cases and Excel file solutions included.
CHAPTER 1. Conceptual and Case Analysis Frameworks for Financial Reporting.
C...
Modern Advanced
Accounting in Canada
10th Edition
by Murray Hilton
Complete Chapter Solutions Manual
are included (Ch 1 to 12)
** Immediate Download
** Swift Response
** All Chapters included
** Cases solutions included
, Chapter 1
Conceptual & Case Analysis
Frameworks for Financial Reporting
Solutions Manual, Chapter 1 1
, A brief description of the major points covered in each case and problem.
CASES
Case 1-1
Students are asked to determine the impact of adopting the future tax method on key ratios and
to provide supporting arguments for the two different methods of accounting for income taxes.
Case 1-2 (adapted from a case prepared by Peter Secord, Saint Mary’s University)
In this real-life case, students are asked to discuss the merits of historical costs vs. replacement
costs. Actual note disclosure from a company’s financial statements is provided as background
material.
Case 1-3 (adapted from a case prepared by Peter Secord, Saint Mary’s University)
A Canadian company has just acquired a noncontrolling interest in a U.S. public company. It must
decide whether to use IFRS or U.S. GAAP for the U.S. subsidiary. Financial statement information
is provided under IFRS and U.S. GAAP. The reasons for some of the differences in numbers
must be explained and an opinion provided as to which method best reflects economic reality.
Case 1-4
This case is adapted from a CPA Canada case. A private company is planning to go public.
Analysis and recommendations are required for accounting issues related to purchase and
installation of new information system, revenue recognition, convertible debentures, and doubtful
accounts receivable.
Case 1-5
This case is adapted from a CPA Canada case. A private company is planning to transition from
ASPE to IFRS. Analysis and recommendations are required for accounting issues related to
convertible debentures, unusual item, revenue recognition, contingency and impairment.
2 Modern Advanced Accounting in Canada, Tenth Edition
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