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 is an accounting instructor at the Northern Alberta Institute of Technology (NAIT) in Edmonton, Alberta. In addition, Tilly is an academic coordinator with Athabasca University, Canada's open, online univsity. 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, leadingedge, Web-based teaching and learning tool produced by Lyryx. Tilly also authored material for CGA-Canada. In addition to her professional interests, Tilly places a priority on time spent with her family and friends.

Larson Fundamental Accounting Principles represents a current, accurate and pedagogically sound text that 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 Eleventh Canadian Edition benefits from a superior research and developmental process, and sets a new standard in using technology to enhance teaching and learning -- in and beyond the classroom.

The Eleventh Canadian Edition continues to build on the core strengths that have made it a market leader, presenting Fundamental Accounting Principles in a clear, comprehensive, and technically accurate text that has been developed in accordance with evolving market needs.

This text boasts 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 the Financial Accounting.