Modern Advanced Accounting in Canada continues the approach that made it the best selling advanced financial accounting text in Canada. This includes the complete & comprehensive coverage of business combinations, the preparation of consolidated financial statements, the consolidation of joint ventures and foreign subsidiaries, and push-down accounting. Consolidation coverage continues to emphasize the direct approach accompanied by a "building block" development of the consolidation basics. Coverage of unrelated topics - bankruptcy and receivership, partnerships, and accounting for not-for-profit organizations - has also been maintained.
