Course Description

This course presents the theory and application of specialized subjects in financial accounting. Topics include accounting for partnerships, an introduction to governmental accounting, and accounting for mergers and acquisitions, including purchase methods and consolidated financial statements.


Learner Outcomes

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

  • Analyze case studies focused on equity method of accounting for investments and business combinations
  • Consolidate financial statements
  • Explain and apply accounting for foreign currency and governmental funds accounting
  • Prioritize additional study for certification exam


Intermediate Accounting III 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

Not offered this quarter. 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.