Modern Advanced Accounting in Canada, 7th Edition

Hilton/Herauf Modern Advanced Accounting In Canada is recognized as the most current, concise, and technically accurate advanced accounting text on the market today. The new edition of Hilton/Herauf delivers a timely, up-to-date text which fully integrates IFRS.

Hilton/Herauf’s hallmark approach is maintained in the seventh edition. This emphasis on the direct approach of preparing consolidated financial statements along with the “building block” development of the basics of consolidations has been further strengthened. The working paper approach is also provided in appendices at the end of the chapter where applicable.

Hilton/Herauf offers the most comprehensive support available for both students and instructors. New Connect, McGraw-Hill’s innovative homework management solution, includes an interactive eBook, direct text end-of-chapter problem material, select algorithmic problems, diagnostic quizzes, Help Me Solve It tutorials, and many study resources. Connect is included with each new Hilton/Herauf print text

Table of Contents

CHAPTER 1 A Survey of International Accounting
CHAPTER 2 Investments in Equity Securities
CHAPTER 3 Business Combinations
CHAPTER 4 Consolidation of Non–Wholly Owned Subsidiaries
CHAPTER 5 Consolidation Subsequent to Acquisition Date
CHAPTER 6 Intercompany Inventory and Land Profits
CHAPTER 7 (A) Intercompany Profits in Depreciable Assets
CHAPTER 7 (B) Intercompany Bondholdings
CHAPTER 8 Consolidated Cash Flows and Ownership Issues
CHAPTER 9 Other Consolidation Reporting Issues
CHAPTER 10 Foreign Currency Transactions
CHAPTER 11 Translation and Consolidation of Foreign Operations
CHAPTER 12 Accounting for Not-for-Profit and Public Sector Organizations