ACCT 101 - Financial Accounting

    Recent Professors
    Michael Chammas, Fatima Hussain, Patrick Borja, Napoleon Raymundo, Lily Gidcumb, Robert Smolin, John Pusateri, Kurt Hull and 2 more
    Recent Semesters
    Fall 2026, Summer 2026, Spring 2026
    Class Size
    Not published
    Credits
    4
    Fall 2026 Sections
    View Fall 2026 sections of ACCT 101
    Transfers To
    CSU
    Description
    The objectives of this course are to learn the content and meaning of the basic financial statements and their impact on the decision-making process in the business environment. This course will provide a broad overview of the importance of accounting in the business process as well as introduce the student to the double entry system of accounting, how to record, process and report on the business transactions and events and to consider the operating cycles in business. Topical areas covered in this class will include cash, accounts, inventory, property, plant and equipment, intangible assets, current liabilities and stockholder equity. The importance of internal controls will be reviewed and the components of the income statement will also be discussed.
    Usually Held
    Mon Wed 10:00am–11:30am, Mon Wed 2:30pm–4:35pm, Mon Wed 3:00pm–5:50pm, Mon Wed 6:00pm–8:05pm