Accounting

• Description: 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. The course covers the accounting information system, including recording and reporting of business transactions with a focus on the accounting cycle, ethics in accounting, the application of generally accepted accounting principles, international financial reporting standards, the financial statements, and financial statement analysis. Includes issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics. Financial Accounting is covered over a 2-course sequence: ACTG 1A or ACTG 1AH and ACTG 1B or ACTG 1BH.
• Prerequisite:
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249; not open to students with credit in ACTG 1AH.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: Both
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Continuation of ACTG 1A or 1AH focusing on accounting as an information system, examining why it is important and how it is used by investors, creditors, and others to make decisions. Long-term assets, short- and long-term liabilities, equity valuation, revenue and expense recognition, statement of cash flows, financial statement analysis, internal controls, and ethics.
• Prerequisite: ACTG 1A or 1AH.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249; not open to students with credit in ACTG 1BH.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: Both
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Study of accounting information system for internal uses for decision-making, planning, directing operations, and controlling. Process costing, job-order costing, activity-based costing, standard costing, cost behavior and cost-volume profit analysis, budgeting, performance evaluation, capital investment analysis, and ethics.
• Prerequisite: ACTG 1B or 1BH.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249; not open to students with credit in ACTG 1CH.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: Both
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Review of financial accounting standards, accounting information processing systems and the resulting financial statements. Selected topics related to present value applications, valuation techniques, and revenue recognition. Also covered: accounting for cash, receivables, and inventory.
• Prerequisite: ACTG 1B or 1BH.
• Corequisite:
• Advisory:
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Accounting for investments, income taxes, pensions and post-retirement benefits, leases, and accounting changes and error analysis; also covered: the cash flows statement, and full disclosure in financial reporting.
• Prerequisite: ACTG 1B or 1BH.
• Corequisite:
• Advisory:
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: The student will develop a set of core skills essential to financial statement analysis. The course covers strategic ratio analysis, cash flow analysis, forecasting, proforma financial statements, and firm valuation using discounted cash flow and residual income techniques. The course emphasizes the practical application of the material using a combination of lecture and hands-on examples.
• Prerequisite: ACTG 1B or 1BH.
• Corequisite:
• Advisory: Advisory: ACTG 51A; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249; Elementary Algebra or equivalent.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Accounting information systems (AIS) for internal and external decision making. The course acquaints students with the fundamentals of the accounting information system and covers business transaction processing from data collection to the generation of useful, timely, and relevant information to support decision-makers. Students will also learn about internal control procedures, the revenue and expense cycles, and workpaper and other documentation techniques from an accountant/auditor user perspective. Students will also explore the variety of available software packages and learn to collaborate in team hands-on projects.
• Prerequisite: ACTG 1B or 1BH, or equivalent.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: This course focuses on information systems, information technology governance and risk assessment, processing integrity and tests of controls, availability, confidentiality and privacy, SOC engagements, use and management of data, and information security and protection of information assets.
• Prerequisite: ACTG 1A or 1AH.
• Corequisite:
• Advisory:
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Given the increasing complexity of today's business environment, accountants are expected to be proficient in a wide array of advanced technical accounting topics, covering both for-profit entities and governmental agencies. Determining the proper application of these advanced topics requires research skills, business analysis, and advanced data analytics capabilities. The main topics covered in this course include applied research, business analysis, technical accounting and reporting, state and local governments, and data and technology concepts.
• Prerequisite: ACTG 1A or 1AH.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: This course covers tax compliance and planning topics tested on the Tax Compliance and Planning (TCP) section of the Uniform CPA Examination.
• Prerequisite:
• Corequisite: Completion of or concurrent enrollment in ACTG 67.
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Study of the contemporary auditing environment, auditing profession, and the principle and practices of financial statement audit. Topics include auditing, attestation and assurance services, Generally Accepted Auditing Standards (GAAS), attestation standards, professional ethics, Sarbanes-Oxley Act 2002 regulatory requirements, internal controls and audit risk, audit planning, procedures, evidence, documentation and report writing.
• Prerequisite: ACTG 51A.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: This course covers important topics associated with modern forensic accounting and fraud examination. Topics include an examination of the various types of occupational fraud, as well as the techniques to prevent and detect fraud in organizations. In addition, students will learn principals of fraud examination including who and why individuals commit fraud.
• Prerequisite: ACTG 51A.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Pre-professional accounting course introducing the theory of double-entry bookkeeping/accounting. Emphasis on basic accounting cycle, elementary accounting principles and procedures, and financial records.
• Prerequisite:
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Focus on using QuickBooks to record financial data. Reviewing the accounting cycle, processing business transactions and preparing financial statements.
• Prerequisite:
• Corequisite: Completion of or concurrent enrollment in ACTG 1A or 1AH or 60.
• Advisory: Advisory: Not open to students with credit in CIS 64A.
• Repeatability: Not Repeatable.
• Hours: 4 hours lecture per week. 48 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Practice in using an electronic spreadsheet program to organize and process financial and managerial accounting data. Includes research on the internet.
• Prerequisite:
• Corequisite: Completion of or concurrent enrollment in ACTG 1B or 1BH.
• Advisory: Advisory: Not open to students with credit in CIS 64B.
• Repeatability: Not Repeatable.
• Hours: 4 hours lecture per week. 48 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Presentation of basic payroll procedures used in business today. Provides practice in recording procedures and preparation of tax returns.
• Prerequisite: ACTG 1A or 1AH.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 4 hours lecture per week. 48 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Fundamentals of activity-based costing, job-order, process cost, and standard cost accounting systems.
• Prerequisite: ACTG 1C or 1CH, or equivalent experience.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Current federal and California income tax law as it relates to individuals, emphasizing practical application, tax planning and tax form preparation.
• Prerequisite:
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Current Federal income tax law as it relates to partnerships, limited liability entities, and S corporations.
• Prerequisite: ACTG 67.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 4 hours lecture per week. 48 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Provides an opportunity for the student to expand their studies in Accounting beyond the classroom by completing a project or an assignment arranged by agreement between the student and instructor. The student is required to contract with the instructor to determine the scope of assignment and the unit value assigned for successful completion. Students may take a maximum of 6 units of Independent Study per department.
• Prerequisite:
• Corequisite:
• Advisory:
• Repeatability: Not Repeatable.
• Hours: 3 hours lab per week. 36 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Provides an opportunity for the student to expand their studies in Accounting beyond the classroom by completing a project or an assignment arranged by agreement between the student and instructor. The student is required to contract with the instructor to determine the scope of assignment and the unit value assigned for successful completion. Students may take a maximum of 6 units of Independent Study per department.
• Prerequisite:
• Corequisite:
• Advisory:
• Repeatability: Not Repeatable.
• Hours: 6 hours lab per week. 72 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Provides an opportunity for the student to expand their studies in Accounting beyond the classroom by completing a project or an assignment arranged by agreement between the student and instructor. The student is required to contract with the instructor to determine the scope of assignment and the unit value assigned for successful completion. Students may take a maximum of 6 units of Independent Study per department.
• Prerequisite:
• Corequisite:
• Advisory:
• Repeatability: Not Repeatable.
• Hours: 9 hours lab per week. 108 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Provides an opportunity for the student to expand their studies in Accounting beyond the classroom by completing a project or an assignment arranged by agreement between the student and instructor. The student is required to contract with the instructor to determine the scope of assignment and the unit value assigned for successful completion. Students may take a maximum of 6 units of Independent Study per department.
• Prerequisite:
• Corequisite:
• Advisory:
• Repeatability: Not Repeatable.
• Hours: 12 hours lab per week. 144 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Study of governmental and not-for-profit accounting. Topics include financial reporting; federal, state and local government accounting; budgetary accounting; general and special revenue funds; proprietary funds; trust and agency funds; fixed assets and long term debt; and nonprofit accounting for entities such as public colleges, universities and health care providers.
• Prerequisite: ACTG 1B or 1BH.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note:

• Description: Study of professional ethics for accounting from a business perspective in context of financial statement frauds, such as Enron. Topics include nature of accounting, ethical behavior in accounting, ethical theory, rules of the code of conduct, ethics of tax accounting, and ethics of the auditing function.
• Prerequisite: ACTG 1A or 1AH.
• Corequisite:
• Advisory: Advisory: Elementary Algebra or equivalent; demonstrated proficiency in English by placement via multiple measures OR through an equivalent placement process OR completion of ESLL 125 & ESLL 249.
• Repeatability: Not Repeatable.
• Hours: 5 hours lecture per week. 60 hours total per quarter.
• Foothill GE Area:
• Transferability: CSU
• Transfer GE: Information regarding how this course is applied toward CSU GE/Breadth or IGETC certification is available at:
• Foothill Transfer GE Guide

Department Note: