ACCT 116A - Financial Accounting

    Recent Professors
    Jesus Esteban Castro, Shana Carr, Tania Mustafa, Kenneth Dennis, Gregory Andrew Dold, Marc Claude LaFond
    Recent Semesters
    Fall 2026, Summer 2026, Spring 2026, Fall 2025, Summer 2025
    Class Size
    40–60 students
    Credits
    4
    Fall 2026 Sections
    View Fall 2026 sections of ACCT 116A
    Transfers To
    CSU
    Description
    This introductory course is an overview of financial accounting, why it is important, and how it is used by investors and creditors to make decisions. It covers the accounting information system, the recording and reporting of business transactions with a focus on the accounting cycle, the applications of generally accepted accounting principles (GAAP), the classified financial statements, and statement analysis. Other topics include issues related to asset, liability, and equity valuation; revenue and expense recognition; cash flows; internal controls; and ethics. This course is intended for students majoring in accounting or other fields related to business administration.
    Usually Held
    Mon Wed 11:10am–1:15pm, Thu 6:35pm–8:20pm, Tue Thu 9:00am–11:00am, Mon 6:35pm–8:20pm