Fundamental Accounting Principles

This text is now available in a new edition – Please see ISBN 0070918449

Larson's Fundamental Accounting Principles has been setting the standard in financial accounting for over a decade and continues to keep pace with changing needs of today's classroom. The Twelfth Canadian Edition benefits from a superior research and development process, and sets the standard in using technology to enhance teaching and learning - in and beyond the classroom. The Twelfth Canadian Edition continues to build on the core strengths that have made it a market leader - presenting accounting principles in a clear, comprehensive, and technically accurate text that has been developed in accordance with evolving market needs. New to the Twelfth Canadian Edition is the introduction of the Student Success Cycle to reinforce the learning process. Learning involves a cycle and financial accounting is no exception. Following the steps in the Student Success Cycle will help students learn, rather than simply memorize, the basics of financial accounting. Critical Thinking Exercises have also been introduced to encourage the application of this knowledge. This text also continues to boast a superior supplements and technology package, which supports the widest range of teaching and learning, whether in a traditional or technology-enhanced classroom. Like the text, the supporting resources and technology solutions have been developed in accordance with market needs and set a new standard in Financial Accounting.

Kermit D. Larson is the Arthur Andersen & Co. Alumni Professor of Accounting Emeritus at the University of Texas at Austin.

Tilly Jensen, Athabasca University. 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 fulltime career. Tilly is an academic coordinator with Athabasca University, Canada's open, online university. She obtained her M.Ed. at the University of Sheffield in Britain while travelling abroad and is currently engaged in doctoral studies at the University of Calgary (via distance) focusing on how educational technologies can be used to enhance critical thinking. Tilly spent four years in the Middle East teaching at Dubai Men's College of the Higher Colleges of Technology in the United Arab Emirates. While overseas, she also taught financial accounting to students enrolled in the Chartered Institute of Management Accountants (CIMA) program, a British professional accounting designation. During her recent sabbatical, Tilly taught accounting in China to ESL students at Shenyang Ligong University. She authored LIFA—Lyryx Interactive Financial Accounting—a dynamic, leading-edge, Web-based teaching and learning tool produced by Lyryx. Tilly has also authored material for CGA-Canada. In addition to her professional interests, Tilly places a priority on time spent with her family and friends.