Course Description

This course continues the studies from Intermediate Accounting I by exploring additional topics involving financial statement preparation. Subjects include depreciation and depletion, intangibles, current liabilities and contingencies, long-term debt, stockholder's equity, dilutive securities, and earnings per share.

Learner Outcomes

Upon successful completion of this course, students will be able to:

• Discuss inventory, property, plant, and equipment, including depreciation

• Identify and describe current and long-term liabilities

• Explain and analyze the concepts and methodologies of accounting systems and their applications

• Analyze selected case studies


Intermediate Accounting I or consent of instructor


Completion of the UCSB PaCE Professional Accounting Certification Program does not result in CPA licensure.  While courses in this program may count toward the educational requirements for individual states' boards of accountancy, completion of this program will not, in itself, fulfill the education, professional experience or examination requirements to qualify for CPA licensure. For more information about the requirements for the CPA Licensure, students should consult the State Board of Accountancy for the State or Jurisdiction in which they are interested in practicing. 

Applies Towards the Following Certificates

Classes are offered according to the schedule on the respective Certificate or Program Page. Please click on the Request Information below to be promptly notified when enrollment opens.