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

Fundamental Accounting Principles, Fourteenth Edition, is the most-customer-driven revision in Fundamentals history. Surveys, focus groups, reviewers, and personal correspondence pointed the way to the trends in the introductory accounting market: the demand for a business orientation, the need to find new ways to motivate students, the need for flexibility and innovation in the classroom, new pedagogy, and the impact of technology. Reflecting these needs and the changes recommended by the Accounting Education Change Commission, Larson and Chiappetta have aggressively integrated real-company examples; made the topical presentation relevant and interesting to all business majors; developed innovative pedagogy; included challenging, new end-of-chapter material; and developed technological innovations for both instructors and students. The new modern principles course is supported by exciting changes in the text and supplement package.

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.