Financial Accounting explores how accounting information is used by a variety of decision makers, including investors and creditors. This core lower-division business course emphasizes the reporting and analysis of business transactions as communicated to the public through financial statements. Topics include: the accounting cycle; Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS); revenue and expense recognition; asset, liability and equity valuation; cash flows; internal controls; and ethics. (AA, CSU, UC) (C-ID: ACCT 110) Prerequisite: BA 0920 Advisory: ENGL 0900 and MATH 0850.
This class meets once per week on campus.
It is important to have your book for the START of the class. Please check with the COS bookstore regarding the required textbook.
If you have any questions, please email the instructor, Shawn Abbott.