ACCT 208 Introduction to Financial Accounting

Fundamental concepts and procedures of financial accounting including the use, interpretation, preparation, and analysis of financial statements. Recording and reporting of business transactions with a focus on the accounting cycle, generally accepted accounting principles and accounting policy choices. Includes issues relating to asset, liability, and equity valuation; revenue and expense recognition; cash flow; internal controls and ethics. (C-ID ACCT 110)

Units: 4.00

Offered: (Fa,Sp)

UC, CSU, Associate Degree Applicable

Prerequisites: None

Lecture: Minimum 64 hours per semester