ACCTG 001 - Introductory Accounting I

    Recent Professors
    Laurence Hirota, Robert Foster, Stefan Ignatovski, Babken Basmadzhyan, Sheridan Smith, Norachai Chawareewong, LAPC STAFF, Minas Torosian
    Recent Semesters
    Spring 2027, Winter 2027, Fall 2026, Summer 2026
    Class Size
    Not published
    Difficulty
    4.8Moderateout of 10
    Credits
    5
    Spring 2027 Sections
    View Spring 2027 sections of ACCTG 001
    Transfers To
    CSU
    Description
    Students will study accounting as an information system, examining why it is important and how it is used by investors, creditors, and others to make decisions. Students will develop an understanding of accounting information systems, including recording and reporting of business transactions with a focus on the accounting cycle, the application of generally accepted accounting principles, the financial statements, and statement analysis. Students will also be exposed to asset, liability and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics.
    Usually Held
    Mon Wed 9:35am–12:05pm, Mon Wed 7:00pm–9:30pm