Recent SemestersSpring 2027, Summer 2026, Spring 2026, Summer 2025, Spring 2025Class Size33 studentsCredits4 Transfers ToCSUDescriptionFinancial Accounting is 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. This course covers the accounting information system, including recording and reporting of business transactions with a focus on the accounting cycle, the application of generally accepted accounting principles, financial statements, and statement analysis. It includes issues related to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics. C-ID ACCT 110. 