ECON X422B Intermediate Accounting II

Course Description

This course concludes the studies from Intermediate Accounting I by exploring complex topics involving stockholder's equity, earnings per share, investments, revenue recognition, accounting for income taxes, leases, and pensions and other long term benefit obligations. The course also cov...

Course Description

Successful completion of this course is the basis of preparation for enrolling in Advanced Accounting.

Learner Outcomes

Understand the components of stockholder’s equity and how different classes of shares of stock impact earnings per share calculations
Communicate why earnings per share is an important metric for most publicly held companies
Identify and properly categorize assets classified as investments
Discuss revenue recognition concepts and apply the percentage of completion method for long-term contracts
Understand the differences between tax obligations and US GAAP accounting for taxes
Explain the accounting related to pensions and similar long-term obligations
Apply accounting concepts for both operating and capital leases from both the lessor and lessees' standpoint
Identify the differences between accounting changes and corrections.
Understand what auditors attest to in their reports and review required financial statement disclosures.

Prerequisites

Suggested: Intermediate Accounting I, equivalent course, or consent of instructor

Applies Towards the Following Certificates

Business Accounting : Required Courses (6 Courses)
Professional Accounting : Required Courses (8 Courses)

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ECON X422B - 005

Fall 2025

Online Live

Available

Online

6:00PM to 7:30PM

Oct 02, 2025 to Dec 11, 2025

Web-based Instruction

Schedule and Location

View Details

36.0

Web-based Instruction

Online Live

Course Fee credit (4 units)

$685.00

INT Coupon Code

4 units

Reading List / Textbook

Section Notes

Steps to Enroll

How to Access Your Online Course on Canvas

Late Registrations Notice:

Self-enrollment will be available until 11:59 PM PT of the second business day after the 1st class session (i.e. If the first class starts on Thursday, self-enrollment is open until the following Monday at 11:59 pm). If you wish to enroll after that time, please contact PaCE Support at help@professional.ucsb.edu

Required Textbook(s):
Students are required to purchase the textbook(s) assigned by the instructor. The instructor will provide details to the class prior to the course start date.

No refunds after 10/12/25
A minimum $40 non-refundable administrative fee per course is charged for all drops. See the full Drop Policy here.

ECON X422B - Intermediate Accounting II

Course Description

Course Description

Learner Outcomes

Prerequisites

Applies Towards the Following Certificates

ECON X422B - 005

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Course Description

Course Description

Learner Outcomes

Prerequisites

Applies Towards the Following Certificates

ECON X422B - 005

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