Jan 28, 2026  
NIACC Catalog 2025-2026 
    
NIACC Catalog 2025-2026

ACC - 121 Principles of Accounting I


(3 s.h.)

Principles of Accounting I is a financial accounting course that introduces students to the steps of the accounting cycle and GAAP (generally accepted accounting principles). Students are also taught accounting for inventory, liabilities, stock transactions, and depreciation of fixed assets, as well as implementation of cash controls.

Lecture Hours: 45
Lab Hours: 0
Clinical Hours: 0
Work Experience Hours: 0

Equivalent to 15-150, ACCT-120.