Modern Advanced Accounting in Canada continues to deliver the content and pedagogy that made it the best selling advanced financial accounting text in Canada. With the addition of new co-author Darrell Herauf complementing Murray Hilton's expertise, the fourth edition will maintain its reputation as the most current, technically accurate, and concise advanced accounting text in Canada.
This text also covers topics usually taught in advanced accounting courses. They include complete and comprehensive coverage of business combinations, the preparation of consolidated financial statements, the consolidation of joint ventures and foreign subsidiaries, and pushdown accounting. Consolidation coverage continues to emphasize the direct (non-working paper) approach accompanied by a "building block" development of the consolidation basics.
Murray Hilton holds the rank of Senior Scholar at the University of Manitoba where he has continued to teach in the MBA programs since his retirement in 2002. For thirty-five years he was Professor of Accounting at the university’s Asper School of Business, teaching graduate and undergraduate courses in financial accounting. A Chartered Accountant with business degrees from the University of Saskatchewan and Oregon State University, he has published five advanced accounting books. In addition, he has been active in university and faculty administration, having previously served as Head of the Department of Accounting and Finance and as Director of the Master of Accountancy Program. He is currently the Director of the Centre for Accounting Research and Education. Murray has also been very involved in the accounting profession, teaching CA and CMA courses for many years, and serving on numerous national and provincial committees of both accounting bodies. He has on two separate occasions been a member of the National Examination Board of the Society of Management Accountants of Canada. In 1991, he received the FCA designation from the Institute of Chartered Accountants of Manitoba, and in 1994 he was made an honorary member of the Society of Management Accountants of Manitoba. For relaxation, he enjoys reading, golfing, and fishing.
Darrell Herauf teaches graduate and undergraduate courses in financial and managerial accounting at the Eric Sprott School of Business, Carleton University. A Chartered Accountant and a Certified General Accountant with a business degree from the University of Saskatchewan, this co-author of Modern Advanced Accounting in Canada is also the author of testbanks for several financial accounting textbooks. He is the recipient of numerous teaching awards, and participates on many committees at the university. Darrell has been involved in professional accounting education at the Institute of Chartered Accountants of Ontario for over 20 years in a variety of roles, including teaching, developing case/program material, and serving as a member of the Examinations subcommittee. For more than 15 years, he has been involved with the Certified General Accountants Association of Canada as national examiner, course author, and consultant. For relaxation, he enjoys cycling and skating.