Fundamental Accounting Principles, Volume 1

About the Author\nKermit D. Larson is the Arthur Andersen & Co. Alumni Professor of Accounting Emeritus at the University of Texas at Austin.\nTilly 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.\nRay F. Carroll was Associate Professor of Accounting at Dalhousie University in Halifax, Nova Scotia. He was a graduate of Saint Francis Xavier University, where he completed his B.B.A. and B.Ed. degrees, and Dalhousie University, from which he obtained M.B.A. and Ph.D. degrees. Professor Carroll taught at Hong Kong Baptist University and lectured in various international MBA programs throughout Hong Kong and Mainland China. His publications from recent years appeared in the Journal of International Business, Teaching Business Ethics, and the Journal of Intellectual Capital. He was a Fellow of Certified General Accountants- Canada and a member of the Institute of Management Accountants of Australia. He served as chairperson of the Canadian Certified General Accountants’ National Education Committee and as a member of the American Accounting Association’s Globalization Initiatives Committee. Professor Carroll passed away in February 2008 after a lengthy illness.\nFundamental 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. The 10 c/e is available in 3 volumes, or in a hardbound financial accounting version.