Recognized as the most current and technically accurate advanced accounting text on the market, Herauf/Mbagwu Modern Advanced Accounting In Canada continues to be one of the most trusted and reliable choices for advanced accounting courses.

The10th edition is 100 percent compliant with International Financial Reporting Standards (IFRS), not only with regard to the typical advanced accounting topics of business combinations and foreign currency transactions, but also 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.

Emphasis on the direct approach of preparing consolidated financial statements along with the “building block” development of the basics of consolidations has been maintained.

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