ACCT 124 - Financial Accounting - Principles of Accounting I

    Recent Professors
    K. Kincaid, E. Lopez, G. Sanchez, D. Candelaria, D. Cescolini
    Recent Semesters
    Fall 2026, Summer 2026
    Class Size
    32–35 students
    Credits
    3
    Fall 2026 Sections
    View Fall 2026 sections of ACCT 124
    Transfers To
    CSU
    Description
    This course 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. It covers recording and reporting of business transactions with a focus on the accounting cycle, the application of generally accepted principles, the financial statements, statement analysis, cash flow, internal controls, issues related to asset, liability and equity valuation, revenue and expense recognition, and ethics.
    Usually Held
    Thu 10:00am–11:45am, Tue 9:30am–10:45am, Wed 9:30am–10:45am