Principles of Financial Accounting
This course is the first in a two-course Principles of Accounting sequence that provides an introduction to accounting theory, principles, and practice.
What you can learn.
- Develop the skills to communicate and process financial information
- Record, analyze, and summarize information used in preparing balance sheets and income statements
- Learn the accounting skills associated with purchases and sales, receivables and payables, cash and inventories, plant and equipment, depreciation, natural resources, intangible assets, and payrolls
- Understand various forms of business structures: sole proprietorships, partnerships, and publicly traded corporations
About this course:
This course is the first in a two-course Principles of Financial Accounting sequence and provides an introduction to accounting theory, principles, and practice. Instruction covers the uses, communication, and processing of accounting information, as well as the recording, analyzing, and summarizing of procedures used in preparing balance sheets and income statements. Additional topics include accounting for purchases and sales, receivables and payables, cash and inventories, plant and equipment, depreciation and natural resources, intangible assets, and payrolls. Sole proprietorships and partnerships also are examined. Transferable for UC credit.Summer 2021 Schedule
Available Format(s):
Course content is delivered through an online learning platform where you can engage with your instructor and classmates. There are no required live meetings, but assignments are due regularly.
Internet access required. Materials required.
Hybrid courses are taught online and feature a blend of regularly scheduled class meetings held in real-time via Zoom and additional course content that can be accessed any time through an online learning platform.
Accelerated section. Read chapters 1-3 before the first class.
Visitors not permitted. Internet access required. Materials required.
Internet access required. Materials required.
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This course applies towards the following certificates & specializations…
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