Modern Advanced Accounting In Canada, 10th Edition Solution Manual By Darrell Herauf, Chima Mbagwu, Verified Chapters 1 - 12, Complete Newest Version

SOLUTION MANUAL 5t




Modern Advanced Accounting In Canada,
5t 5t 5t 5t




10th Edition By Darrell Herauf, Chima
5t 5t 5t 5t 5t




Mbagwu
Chapters 1 - 12, Complete
5t 5t 5t 5t 5t

,
, Chapter1 t5




Conceptual&CaseAnalysisFramewo rk t5 t5 t5 t5 5t




s for Financial Reporting 5t 5t 5t




A brief description of the major points covered in each case and problem.CA S
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




ES

Case 1-1 5t




In this case, students are introduced to the difference in accounting for R&D costs betwe
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




e nIFRS and ASPE and asked to provide arguments to support the differentSstandards.
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




Case 1-2 (adapted from a case prepared by PeterSSecord, SaintSMary’s University)
5t 5 t 5t 5t 5t 5t 5t 5t 5t 5t




In this real life case, students are asked to discuss the merits of historical costs vs. replacement
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5




c osts. Actual note disclosure from a company’s financial statements is provided as backgroun
t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




d m aterial.
5t 5t




Case 1-3 (adapted from a case prepared by Peter Secord, Saint Mary’s University)
5t 5 t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t

, A Canadian companyShas just acquired a non-
5t 5t 5t 5t 5t 5t




controlling interest in a U.S. public company. It must decide whether to use IFRS orSU.S. GAAP f
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




orSthe U.S. subsidiary. Financial statement information is provided under IFRS and U.S. GAAP. T
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




h e reasons forSsome of the differences in numbers must be explained and an opinion provide
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




d as to which method best reflects economic reality.
5t 5t 5t 5t 5t 5t 5t 5t




Case 1-4 5t




This case is adapted from a CPA Canada case. A private company is planning to go public. Anal
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




y sis and recommendations are required forSaccounting issues related to purchase and installati
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t 5t




on ofSnewSinformation system, revenue recognition, convertible debentures and doubtfulaccou
5t 5t 5t 5t 5t 5t 5t 5t




nts receivable.
5t




Case 1-5 5t




This case is adapted from a CPA Canada case.
5t 5t 5t 5t 5t 5t 5t 5t 5 t A private company is planning to transition fr
5t 5t 5t 5t 5t 5t 5t




o m ASPE to IFRS. Analysis and recommendations are required forSaccounting issues related t
5t 5t 5t 5 t 5t 5t 5t 5t 5t 5t 5t 5t 5t




o c onvertible debentures, unusual item, revenue recognition, contingency and impairment.
5t 5t 5t 5t 5t 5t 5t 5t 5t 5t