There is a lot of information to learn, but Professor Lu makes an effort to help his students. You can tell he actually enjoys teaching and wants to see everyone succeed.

4% Accounting Fundamentals Quiz (taken at the beginning of the quarter)
40% Midterm
56% Final

Professor Lu is one of the best professors I have ever taken at UCLA. He clearly cares about his students a lot, and he provides notes he spent hours typing himself that cover the whole class. You don't need the textbook and the textbook is useless, his notes are more than enough. He also gives tips on what would be tested on the CPA exam, as well tips for recruiting and funny anecdotes that explain accounting concepts.

I took this class online so the exams were taken through the Connect system, which is easier than the normal exams he gives out. The exams were also open notes open book for me since Anderson hasn't approved the proctoring software Professor Lu wanted to use yet, but that might change in the future.

I can't recommend Professor Lu enough, and make sure to save the notes for the CPA exam!

Professor Lu was by far the most accommodating professor I had during COVID-19 and amidst the protests. One thing I wish he did was record the lectures because he often teaches early morning classes, but attendance is not mandatory and if you study his notes thoroughly, then you will be perfectly prepared. Attending lectures is nice though because he will use real-life examples, tell stories, and essentially makes the material more digestible. This class and 120b are typically really difficult, but during the pandemic, we used Connect for our tests and that made it easier. Connect test are pretty straight forward with no trick questions. Professor Lu also made the midterm and final open book, open notes because the Anderson School had not gotten funding yet for Proctorus. I am not sure if that will be the same for later quarters, but the open book definitely made it less stressful. You definitely have to know all the material well, but open book allowed me to go back into my notes and verify answers.
Overall, I really enjoyed Professor Lu. When I did go to lecture, I really enjoyed myself and he is really good at breaking down concepts in his notes

Professor Lu gave us all the notes for his class, which was nice of him. Online lectures are given via Zoom, and he doesn't post them online afterwards, but attendance isn't mandatory, and if you only study off of the notes, you technically could do fine.
You have to buy the online textbook to take the midterm and final, which was annoying.

The grades were 10% quiz (taken early week 1 to test your knowledge), 40% midterm, 50% final. Like all accounting classes, you'll probably have to work hard and study a lot no matter what, so, I mean, it could be worse.