Fundamental Accounting Principles/Applications of Fundamental Accounting Principles: Clippings from the Los Angeles Times

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9780256101287: Fundamental Accounting Principles/Applications of Fundamental Accounting Principles: Clippings from the Los Angeles Times

This 14th edition has been revised based on feedback from the marketplace, and now includes a more flexible approach. Learning aides are included with real company scenarios and end-of-chapter questions, business decision cases and ethical issues. This edition places greater emphasis on the uses of accounting information by managers, business owners, and lenders, and examines the accounting function in the context of the organization, the work accountants do, and the pervasive importance of ethics. A new chapter discusses natural resources, intangible assets, and long-term investments, including international investments, and there is expanded coverage of activity based costing systems.

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About the Author:

Kermit D. Larson is the Arthur Andersen And Co. Alumni Professor of Accounting Emeritus at the University of Texas at Austin. He served as chairman of the U.T. Department of Accounting and was Visiting Associate Professor at Tulane University. His scholarly articles have been published in a variety of journals, including The Accounting Review, Journal of Accountancy, and Abacus. He is the author of several books, including FINANCIAL ACCOUNTING, and FUNDAMENTALS OF FINANCIAL AND MANAGERIAL ACCOUNTING, both published by Richard D. Irwin, Inc.. . Professor Larson is a member of The American Accounting Association, the Texas Society of CPAs and the American Institute of CPAs. His activities with the AAA involved service as Vice President, as Southwest Regional Vice President, and as chairperson of several committees, including the Committee of Concepts and Standards. He was a member of the committee that planned the first AAA Doctoral Consortium and served as its Director.. . Professor Larson served as President of the Richard D. Irwin Foundation. His other activities have included serving on the Accounting Accreditation Committee and on the Accounting Standards Committee of the AACSB. He has been an expert witness on cases involving mergers, antitrust litigation, consolidation criteria, franchise taxes and expropriation of assets by foreign governments.

John J. Wild is Professor of Business and Vilas Research Scholar at The University of Wisconsin at Madison, where he also received his Ph.D. He has received numerous teaching awards at Wisconsin as well as from Michigan State University. He is a frequent speaker at universities and national and international conferences.

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