Modern Advanced Accounting In Canada,
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10th Edition By Darrell Herauf, Chima
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Mbagwu,
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Chapters 1 - 12, Complete
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, Chapter 1 boy
Conceptual & Case Analysis boy boy b oy
boyFrameworks for Financial Reporting boy boy boy
A brief description of the major points covered in each case and
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problem.CASES
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Case 1-1 boy
In this case, students are introduced to the difference in accounting for R&D
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costs between IFRS and ASPE and asked to provide arguments to support the
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different standards.
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Case 1-2 boy b o y (adapted from a case prepared by Peter Secord, Saint Mary’s University)
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In this real life case, students are asked to discuss the merits of historical costs vs.
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replacement costs. Actual note disclosure from a company’s financial statements is
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provided as background material.
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Case 1-3 boy b o y (adapted from a case prepared by Peter Secord, Saint Mary’s University)
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, A Canadian company has just acquired a non-controlling interest in a U.S. public
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boy company. It must decide whether to use IFRS or U.S. GAAP for the U.S. subsidiary.
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boy Financial statement information is provided under IFRS and U.S. GAAP. The reasons
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boy for some of the differences in numbers must be explained and an opinion provided
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boy as to which method best reflects economic reality.
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Case 1-4 boy
This case is adapted from a CPA Canada case. A private company is planning to go
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boy public. Analysis and recommendations are required for accounting issues related to
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boy purchase and installation of new information system, revenue recognition, convertible
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boy debentures and doubtfulaccounts receivable.
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Case 1-5 boy
This case is adapted from a CPA Canada case.
boy boy boy boy boy boy boy boy boy boy boy A private company is planning to
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boy transition from ASPE to boy boy boy b o y IFRS. Analysis and recommendations are required for
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boy accounting issues related to convertible debentures, unusual item, revenue recognition,
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contingency and impairment.
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