Solution manual for modern advanced accounting in canada 9th edition hilton murray

SOLUTIONMANUAL D
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ModernAdvancedAccountingInCanada
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DP 10thEdition By Darrell Herauf, Chima
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Mbagwu
Chapters1 - 12, Complete
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, Chapter1 P
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Conceptual&CaseAnalysisFramewo P
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Abriefdescriptionofthemajorpointscoveredineachcaseandproblem.CA SES
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Case 1-1 DP




In this case, students are introduced to the difference in accounting for R&D costs betwee
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nIFRS and ASPE and asked to provide arguments to support the differentSstandards.
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Case 1-2 (adapted from a case prepared by PeterSSecord, SaintSMary’s University)
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In this real life case, students are asked to discuss the merits of historical costs vs. replacement c osts.
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Actual note disclosure from a company’s financial statements is provided as background m aterial.
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Case 1-3 (adapted from a case prepared by Peter Secord, Saint Mary’s University)
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, A Canadian companyShas just acquired a non-
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controlling interest in a U.S. public company. It must decide whether to use IFRS orSU.S. GAAP f orSthe
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U.S. subsidiary. Financial statement information is provided under IFRS and U.S. GAAP. Th e reasons
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forSsome of the differences in numbers must be explained and an opinion provided as to which
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method best reflects economic reality.
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Case 1-4 DP




This case is adapted from a CPA Canada case. A private company is planning to go public. Analy sis
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and recommendations are required forSaccounting issues related to purchase and installation
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ofSnewSinformation system, revenue recognition, convertible debentures and doubtfulaccounts
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receivable.
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Case 1-5 DP




This case is adapted from a CPA Canada case.
DP DP DP DP DP DP DP DP D P A private company is planning to transition fro m
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ASPE to IFRS. Analysis and recommendations are required forSaccounting issues related to c
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onvertible debentures, unusual item, revenue recognition, contingency and impairment.
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