Course Description
This course introduces the study of accounting as an information system, examining why it is important and how it is used by investors, creditors, and others to make decisions. The course covers the accounting information system, including recording and reporting of business transactions, with a focus on the accounting cycle, financial statements, statement analysis, and the application of generally accepted accounting principles. It also includes issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics.
Units: 5
Credit - Degree Applicable Transferable to both UC and CSU
Course Details
- Grade Options: Letter Grade
- In-Class Lecture Hours: 80 鈥� 90
- In-Class Lab Hours: 0
Requisites and Advisories
- Prerequisites: None
- Co-Requisites: None
- Advisory: None
Transfer Details
- CSU/UC:
Transferable to both UC and CSU - C-ID: ACCT 110 - Financial Accounting