Conceptual and case analysis frameworks for financial reporting -- Investments in equity securities -- Business combinations -- Consolidation of non-wholly owned subsidiaries -- Consolidation subsequent to acquisition date -- Intercompany inventory and land profits -- (A) intercompany profits in depreciable assets (B) intercompany bond holdings -- Consolidated cash flows and changes in ownership -- Other consolidation reporting issues -- Foreign currency transactions -- Translation and consolidation of foreign operations -- Accounting for non-for-profit and public sector organizations.
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Hilton/Herauf Modern Advanced Accounting In Canada is recognized as the most current and technically accurate advanced accounting text on the market today. This reputation has been not only maintained but also improved upon in the new edition. The 8th edition is 100% compliant with International Financial Reporting Standards (IFRSs), with regard to the typical advanced accounting topics of business combinations and foreign currency transactions, as well as for the topics studied in intermediate accounting and other courses. It also contains the reporting requirements for private enterprises and not-for-profit organizations. All of the extracts from financial statements are taken from Canadian entities.