# Accounting (ACCT) courses

Napa Valley College · 2026-2027 Catalog · 5 courses

Source: https://catalog.napavalley.edu/courses/acct/

"Offered" lists sections in this catalog year's class schedules: Fall 2026, Spring 2027.

### ACCT-120 — Introduction to Accounting

- **Units:** 3
- **Hours:** 54 hours lecture; 54 hours total
- **Transfers to:** CSU
- **Offered:** Fall 2026, 3 sections (/c/napa-valley-college/schedule/fall-2026/acct.md); Spring 2027, 2 sections (/c/napa-valley-college/schedule/spring-2027/acct.md)

An introduction to the field of accounting and the role accounting plays in local, national and transnational businesses. This course will focus on the manual preparation of financial statements, specifically, the bookkeeping rules. This discussion includes the use of journals, ledgers, posting and the closing of the financial records ending with a discussion of the possible uses and analysis of financial statements.

### ACCT-122 — Federal Income Tax for Individuals

- **Units:** 3
- **Hours:** 54 hours lecture; 54 hours total
- **Transfers to:** CSU
- **Offered:** Fall 2026, 1 section (/c/napa-valley-college/schedule/fall-2026/acct.md); Spring 2027, 1 section (/c/napa-valley-college/schedule/spring-2027/acct.md)

A comprehensive introduction to the concepts and principles of individual U.S. income tax law. The course will examine federal tax laws applicable to the determination, payments and reporting requirements for individual taxpayers.

### ACCT-125 — Financial Accounting

- **Units:** 5
- **Hours:** 90 hours lecture; 90 hours total
- **Advisory:** Completion of ACCT-120 with a minimum grade of C.
- **Transfers to:** UC, CSU
- **Offered:** Fall 2026, 3 sections (/c/napa-valley-college/schedule/fall-2026/acct.md); Spring 2027, 2 sections (/c/napa-valley-college/schedule/spring-2027/acct.md)

This is the 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, the application of generally accepted accounting principles, the financial statements, and statement analysis. Includes issues relating to asset, liability and equity valuation, revenue and expense recognition, cash flow, internal controls and ethics.

### ACCT-126 — Managerial Accounting

- **Units:** 5
- **Hours:** 90 hours lecture; 90 hours total
- **Prerequisite:** Completion of ACCT-125 with a minimum grade of C.
- **Transfers to:** UC, CSU
- **Offered:** Fall 2026, 2 sections (/c/napa-valley-college/schedule/fall-2026/acct.md); Spring 2027, 2 sections (/c/napa-valley-college/schedule/spring-2027/acct.md)

This is the study of how managers use accounting information in decision-making, planning, directing operations and controlling. Focuses on cost terms and concepts, cost behavior, cost structure and cost-volume-profit analysis. Includes issues relating to cost systems, cost control, profit planning, and performance analysis in manufacturing and service environments.

### ACCT-127 — Introduction to Accounting With Quickbooks

- **Units:** 3
- **Hours:** 54 hours lecture; 54 hours total
- **Advisory:** Completion of ACCT-120 with a minimum grade of C.
- **Transfers to:** CSU
- **Offered:** Fall 2026, 1 section (/c/napa-valley-college/schedule/fall-2026/acct.md); Spring 2027, 1 section (/c/napa-valley-college/schedule/spring-2027/acct.md)

This course covers basic accounting concepts and procedures that are required to complete an accounting cycle using generally accepted accounting principles (GAAPS). Employer tax responsibilities and payroll is covered. Account types, (assets, liabilities, equity, revenue, expenses) as well as procedures for bank reconciliations, and petty cash, are introduced. Learners complete business transactions from source documents to closing entries and the preparation of year-end documents such as a balance sheet, income statement, and statement of owner's equity using QuickBooks.