Recent SemestersSpring 2027, Fall 2026, Summer 2026, Spring 2026, Fall 2025Class Size7–75 studentsCredits3PrerequisiteMATH M01 or equivalent Transfers ToCSUDescriptionExamines financial accounting from both the user and preparer perspective, emphasizing public corporations. Explores accounting as an information system, why it is important and how it is used by investors, creditors and others in making decisions. Emphasizes recording and reporting of business transactions with a focus on the accounting cycle, the application of Generally Accepted Accounting Principles (GAAP), and the form and content of the basic financial statements. Includes issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, ethics, and financial statement analysis.Usually HeldMon Wed 10:00am–11:50am, Mon Wed 8:00am–9:50am, Tue Thu 10:00am–11:50am, Tue Thu 8:00am–9:50am 