Financial Accounting Principles:Tenth Canadian Edition

Fundamental Accounting Principles remains the most successful introductory accounting text in Canada. The 10th Canadian Edition benefits from a winning new author team, and a research and development process that is unprecedented in Canadian College Publishing. The result is a highly market driven text that responds to the evolving needs of today’s classroom. The text's hallmarks; readability, superior problem material and high production value; have been expanded and improved, reflecting extensive user and reviewer feedback. With a sole proprietor focus, the text patiently brings the student into the accounting cycle and the key financial statements, with an appreciation for the role and importance of the accounting function stressed throughout.

Kermit D. Larson is the Arthur Andersen & 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.

Tilly Jensen graduated from the University of Alberta with a Bachelor of Commerce and later attained the designation of Certified Management Accountant. She worked in private industry for a number of years before making teaching her full-time career. Tilly has been instructing financial accounting and management accounting over a twelve-year period at the Northern Alberta Institute of Technology in Edmonton, Alberta. In her spare time, Tilly teaches financial and cost accounting for the University of Alberta's Department of Extension. She obtained her M.Ed. at the University of Sheffield in Britain while travelling abroad. Recently Tilly spent four years in the Middle East teaching financial accounting, financial management, and strategic management at Dubai Men's College of the Higher Colleges of Technology in the United Arab Emirates. While in the Middle East, she also taught financial accounting to students enrolled in the Chartered Institute of Management Accountants (CIMA) program, a British professional accounting designation. In addition to her professional interests, Tilly places a priority on time spent with her family and friends.

Raymond F. Carroll is currently at Hong Kong Baptist University on leave from Dalhousie University. He teaches a variety of subjects in both financial and managerial accounting at undergraduate and graduate levels. Dr. Carroll has lectured at Xiamen University in China through the CIDA/Dalhousie University linkage program. He has had extensive experience in the community college system and has taught professional accounting and MBA subjects for programs based in Canada, Australia and the UK. Dr. Carroll is a fellow of the Certified General Accountants Association of Canada where he has held a variety of posts including chairman of the National Education program, president of CGA-Nova Scotia, and member of the CGA National Executive Committee. He has also served on the Global Initiative Committee of the American Accounting Association and on the Canadian Advisory Committee for international accounting standards.