Accounting/ CPA Preparation - UCSC Extension Silicon Valley

BUSINESS AND MANAGEMENT
Accounting/
CPA Preparation
KNOWLEDGE YOU PUT TO WORK
COURSES AND CERTIFICATE
Program Summary
The Certified Public Accounting
(CPA) credential remains the gold
standard in accounting and is the
de facto prerequisite for chief financial
officers. UCSC Extension Silicon
Valley offers a certificate program in
Accounting, as well as courses in CPA
Preparation that provide aspiring
CFOs, CPAs, and consultants the
comprehensive preparation required
to succeed in today’s competitive
marketplace. This unique program
is great for aspiring CFOs, M.B.A.s,
business owners, corporate managers,
technical professionals, bookkeepers,
accounting assistants, and
anyone wanting to understand
modern accounting.
Join us for a
FREE Open House
to learn more.
Details inside…
ucsc-extension.edu/accounting
Top Reasons to Choose Our Program:
• Our CPA program is well-known and respected throughout Silicon Valley.
Courses are recognized for degree credit by the nationally ranked UCSC Economics Department.
• You get UC-quality training at a cost-per-credit significantly lower than degree options—
as you earn credit toward graduate school or complete our foundational Accounting Certificate.

Accounting Certificate
Certificate Requirements
Total: 16 units (4 courses—all required)
GPA: 3.0, with a C or better in all courses.
Timeline: Complete minimum units within 3 years.
Note: Courses completed more than five years
prior to date of certificate issuance cannot be used
to fulfill requirements.
Required Course Sequence
You must start with “Introduction to Accounting I,
Financial Accounting.”
Certificate Application Information
We encourage you to establish candidacy in a
certificate program early in your studies. There are
substantial benefits in doing so:
• Curriculum changes subsequent to the date your
application is received will not affect your course
requirements.
• Candidates will be notified of updates or special
opportunities related to the program.
Program Contact
Business and Management Department,
(408) 861-3860 or e-mail
extensionprogram@ucsc.edu
Accounting/CPA
Advisory Board
MARJORIE BAILEY, B.S. in Accounting,
CPA, Stonefield Josephson
ELIODORO BATINGANA, JR., CPA,
management consultant
CLAR ROSSO, COO, California Society
of Certified Public Accountants,
California CPA Education Foundation
BINITA PRADHAN, Director,
BDO Seidman LLP
WESLEY FACHNER, M.S., CPA,
CMA, tax consultant
VAN PHAM, CPA
CPA Preparation
The accountant’s traditional tax-and-audit role within
business now encompasses a great deal of analysis,
making the position more important and, certainly,
more complex. This program addresses these issues
and offers students the background needed to remain
successful in this field.
Building on the foundation courses from the
Account ing Certificate, this program provides an
advanced course of study that will prepare participants
to take the Certified Public Accountant (CPA)
examination. The program also includes courses in
specialized areas of accounting, such as attestation
and cost accounting.
Goal
The goals of this program are to provide:
• More advanced training on complex accounting issues
• Specialized accounting skills for nonprofits and
government entities
• Advanced U.S. accounting principles for professionals
trained in other countries
• Academic accounting requirements and accounting
units to prepare students to take the CPA examination
Audience
This special program is designed for individuals
who are interested in furthering their knowledge
of accounting practices and preparing to take the
CPA examination.
Benefits
Participants receive the same rigorous training as
professionals with an accounting degree. They acquire
valuable analytical skills that prepare them for
high-level accounting roles.
CPA Advanced Courses
This program consists of 11 courses totaling 44
quarter units of accounting courses. In general,
the minimum requirements to take the CPA exam
in California consist of a bachelor’s degree with 36
quarter units of accounting and 36 quarter units of
general business courses. Candidates must complete
all educational requirements prior to sitting for the
exam. UCSC Extension Silicon Valley also offers
courses that fulfill the general business requirements
To learn more about the CPA designation, please
refer to the CPA Web site at www.dca.ca.gov/cba.
Curriculum
ACCOUNTING CERTIFICATE
REQUIRED COURSES Units Course
Introduction to Accounting I:
Financial Accounting....................................4.0.........3658
Introduction to Accounting II:
Managerial Accounting................................4.0.........1224
Intermediate Accounting I...........................4.0.........5675
Intermediate Accounting II..........................4.0.........6381
CPA PREPARATION Units Course
Accounting
Accounting for Government and
Nonprofit Organizations..............................4.0.........2633
Advanced Accounting..................................4.0.........1013
Auditing and Attestation.............................4.0.........2658
Corporate Income Tax Accounting...............4.0.........5744
Cost Accounting...........................................4.0.........2841
Financial Statement Analysis.......................4.0.........6938
Income Tax Accounting................................4.0.........3300
Introduction to Accounting I:
Financial Accounting....................................4.0.........3658
Introduction to Accounting II:
Managerial Accounting................................4.0.........1224
Intermediate Accounting I...........................4.0.........5675
Intermediate Accounting II..........................4.0.........6381
General Business
Business Law and Its Environment..............3.0.........6360
General Statistics I.......................................2.5.........5620
General Statistics II......................................2.5.........6538
Business and Professional Writing...............2.0.........5916
Finance I, Fundamentals..............................3.0.........3636
Implementing Winning Marketing
Strategies.....................................................2.0.........1661
Integrated Marketing Communication.........2.5.........3599
Macroeconomics, Introduction.....................4.0.........0479
Management and Organization,
Principles.....................................................2.0.........0692
Microeconomics, Introduction......................4.0.........4548
Organizational Development and Change,
Introduction.................................................2.0.........2719
Power of Market Research...........................2.0.........0109
Principles of Marketing................................2.0.........1661
Project Leadership and Communication......3.0.........4550
Role of the Project Manager........................1.5.........0306
Copyright © 2012 The Regents of the University of California. All rights reserved.

Accounting and CPA Preparation Open House
Join us for a FREE Open House to learn how our Accounting Certificate and foundation courses for Certified Public Accounting help
mid-career and aspiring professionals earn credentials in financial management. Meet a panel of instructors and students as they share first-hand
knowledge and experience with the exciting opportunities available today in one of Silicon Valley’s fastest growing fields. This quarterly event is
a great introduction to opportunities you can discover through UCSC Extension Silicon Valley.
Course 23393
For information and to register, visit ucsc-extension.edu/events
FREE EVENT
Accounting Required Courses
Introduction to Accounting I,
Financial Accounting
The fundamentals of financial accounting are
presented in this course, as well as the identification,
measurement and reporting of the financial effects
of economic events on enterprises, including accrual
account concepts; transaction analysis, recording and
processing (journals and ledgers); preparation, understanding
and analysis of financial statements (income
statement, balance sheet and cash-flow statement);
accounting for sales and cost of sales; inventory
valuation; depreciation of operational assets;
accounting for investments; and accounting for
liabilities and present value concepts.
Course 3658
Introduction to Accounting II,
Managerial Accounting
This course covers managerial accounting and how
to evaluate cost-accounting data in order to help management
do its job effectively in the areas of planning,
control, motivation, communication, evaluation
of performance and decision making. Accordingly,
selected topics such as traditional and activity-based
costing, standard costing, relevant costing, variable
costing, cost-volume-profit analysis, short- and longterm
budgeting, alternative decisions, performance
measurement, responsibility accounting and
transfer-pricing are presented.
Course 1224
Intermediate Accounting I
Designed for those specializing in accounting, this
intermediate-level course covers the theory and
application of accounting. It emphasizes revenue
recognition, current assets and liabilities, and
fixed-asset accounting.
Course 5675
Intermediate Accounting II
This course is the continuation of topics learned in
“Intermediate Accounting I.” Through lecture, readings
and exercises, this course covers investment accounting,
bonds, pensions, leases and earnings per share.
Course 6381
CPA Advanced Courses
Accounting for Government
and Nonprofit Organizations
This course presents principles, objectives and
methods of accounting for governmental and other
nonprofit organizations. The focus is on the accounting
and reporting issues of state and local governmental
entities, including discussion of GASB 34.
Coverage is also given to the accounting and financial
statement issues of nongovernmental, not-for-profit
organizations. This course is highly recommended for
individuals who plan to sit for the CPA exam. Public
administrators who plan to provide financial management
or consulting services to government and
nonprofit entities will also find this course helpful.
Course 2633
Advanced Accounting
Designed for accountants, accounting students,
professionals and those preparing for the CPA exam -
ination, this course focuses on advanced financial
reporting topics that are consistently included on the
CPA examination. The course covers consolidated
financial statements, accounting for intercompany
transactions, and for business combinations. Limited
tax aspects of consolidated financial statements,
including accounting for foreign currency transactions
and operations are addressed. The course
delves into segment (line-of-business) reporting,
interim (quarterly) financial reporting, partnerships,
and financial and economic analysis using real-world
cases and development of Excel spreadsheets.
Course 1013
Auditing and Attestation
This course shows how to perform an audit of an
organization’s financial statements to determine
whether the current financial position and results of
operations are presented fairly and are free of significant
errors. Upon completion, students should be
able to evaluate the internal controls and conduct
an audit of a small company. Students receive solid
preparation for the auditing section of the CPA exam.
Enrollment Information
Visit ucsc-extension.edu/accounting, for the most up-to-date information about all our courses
and programs, including textbooks, instructors, schedules and locations.
Enroll online at ucsc-extension.edu.
Course 2658
Corporate Income Tax Accounting
Federal income tax topics are examined:
incorporation, corporate capital structure, dividends
and redemptions, mergers and reorganizations,
liquidations, and the transfer ability of tax attributes.
Also covered are the fundamental legal concepts,
statutory provisions, and computational procedures
of taxable income and deductions, passive activities,
alternative minimum tax, property transactions,
deferred compensation, and taxation factors relevant
to business decisions. The S Corporation is explored
as an alternative to the regular corporation and
other modes of operation.
Course 5744
Cost Accounting
The requirements for cost accounting, the standards
used to evaluate cost-accounting systems, management
uses for cost-accounting data and the correct
processes for implementing systems form the basis of
this course. The methods required by the Generally
Accepted Accounting Principles (GAAP) are
addressed. Topics include the flow of costs through
a firm; the difference between a job order costing
system and a process costing system; the use of
standard costing; and how management uses data.
Course 2841
Financial Statement Analysis
This course presents financial statements as a set
of dynamic instruments used to support management
decision making and to protect the public interest.
Participants learn to create documents like annual
reports and analyze these for common problems
affecting valuation, sustainable corporate performance
and bankruptcy forecasting/ avoidance.
Course 6938
Income Tax Accounting
This course examines current federal revenue law
as related to individual income taxation. It covers
sole proprietorship and small business taxation as
well as real property transactions, with emphasis on
issues relating to all aspects of individual taxation.
Particular attention is given to the effects of the
current tax law, including capital gains and losses,
adjustments to gross income, itemized deductions,
tax credits, tax payments and estimated taxes.
This course implements practical application of
tax law through preparation of tax forms and
planning for individuals.
Course 3300
Courses continue on reverse…

CPA General Business Courses
Business and Professional Writing
According to Fortune magazine, professionals with
the best writing skills earn three times more than
their least-capable peers. This course is designed to
immediately improve your written business communications
through concrete, no-nonsense tools that
will serve you throughout your career. The workshop
format provides action-oriented feedback that builds
confidence through in-class exercises while homework
practice solidifies your new skills.
Course 5916
Business Law and Its Environment
This course reviews the American legal process, commercial
law and its development, and organizational
structures—all in the context of the managerial functions
confronting today’s highly litigious environment.
Topics include contracts; negligence; product liability;
constitutional law as it applies to business; federal
and state civil procedure; torts; business entities,
including LLCs; Uniform Commercial Code; realproperty
concepts; creditor, debtor and bankruptcy
issues; employment discrimination and sexual
harassment; law of agency; criminal law.
Course 6360
General Statistics I
An introduction to the business use of statistical
concepts and tools, this course covers basic concepts
of descriptive statistics—such as means and variances,
uses of probability, and statistical inference—and
their application to business processes and decisions.
In addition, the course addresses the use of statistical
estimation techniques, decision theory (hypothesistesting
process), and use of regression and correlation.
Course 5620
General Statistics II
The second half of the business statistics sequence
covers the use of statistical data, processes and techniques
in marketing, auditing, economics, process
improvement and surveys. Participants learn how to
select the right statistical tools for various data types,
how to state the issues, and how to interpret the
results of data analysis. Topics include data collection,
probability concepts for count data, discrete probability
distributions, distributions of sample statistics
and statistical inference for population proportions.
Course 6538
Finance I, Fundamentals
This course addresses the alignment of the
organization’s financial and corporate planning goals.
Financial management, including fundamental principles,
planning and evaluation, and appropriate financial
tools are covered. Topics include key financial
ratios for business analysis; financial statement analysis;
funding, financial forecasting and risk analysis;
cost of capital and time value of money; capital budgeting
and investment risk; valuing stocks, bonds
and preferred stocks; capital budgeting systems;
and working capital and cash management.
Course 3636
Implementing Winning
Marketing Strategies
This introductory course emphasizes revenue generation
and investigates the key steps of the sale process,
how buyers react at each stage, and the marketing
tools that have increased the sophistication, productivity
and pace of selling. Participants learn to systematically
convert prospects into customers and to maintain
relationships to maximize long-term profitability.
Topics include buyer psychology, prospecting methodologies,
customer relationship management, lead
generation tactics, and channels and merchandising.
Course 1661
Integrated Marketing Communication
An integrated marketing communication plan is
the best way to reach your appropriate target market
in a cost-effective and measurable way. This course
shows you how to develop a plan and budget with
a good return on investment using a blend of
marketing tools that conveys a consistent message.
Course 3599
Macroeconomics, Introduction
This course introduces basic concepts and tools
used in macroeconomics analysis: the theory, measurement,
and determination of national income;
business cycles; the multiplier; fiscal policy, budget
deficits and the national debt; aggregate supply and
aggregate demand; money, banking and monetary
policy; international trade, exchange rates and the
balance of payments accounts; and stabilization
policy for unemployment and inflation.
Course 0479
Microeconomics, Introduction
This course is an introduction to basic economics,
analysis of prices and markets, consumer behavior,
the theory of production and costs, pricing and
employment of the factors of production, international
trade issues, public policy and current
domestic microeconomics problems.
Course 4548
Management and Organization,
Principles
This course introduces valuable management tools,
processes and techniques practiced by successful
businesses. Participants learn to understand how
managers orchestrate resources to achieve corporate
objectives. Topics include performance management,
management by objective; communication and
teamwork; systematic decision making, staffing,
motivation and leadership; and organizational
structure and control.
Course 0692
UCSC Extension Silicon Valley is
#1 in graduate business enrollment
according to the San Jose/Silicon Valley
Business Journal (2/2010).
Power of Market Research
Executives need market research to make informed
strategic business decisions on product planning, target
markets, customer requirements, communications
strategies, pricing, distribution channels, and many
other factors. You will learn to identify the strengths
and limitations of market research, as well as the
proper ways to gather and present information—
in the process demonstrating the market power you
can gain from key knowledge points. Topics range
from basic survey techniques in both primary and
secondary research to an understanding of the power
of statistical fact-gathering and analysis.
Course 0109
Principles of Marketing
This introductory course emphasizes revenue
generation and investigates the key steps of the
sale process, how buyers react at each stage, and
the marketing tools that have increased the sophistication,
productivity and pace of selling. Participants
learn to systematically convert prospects into
customers and to maintain the relationship to maximize
long-term profitability. Topics include buyer
psychology, prospecting methodologies, customer
relationship management, lead generation tactics,
and channels and merchandising.
Course 1661
Organizational Development
and Change, Introduction
Organizational development (OD) aims to improve
organizational effectiveness by means of planned,
systematic change interventions. As change agents,
participants may be managers, human resource professionals,
consultants, as well as those interested in
pursuing a career in this field. The course is delivered
in a workshop style, and includes group work outside
of class. Topics include the 21st century organization,
organizational structure, design, culture, systems and
rewards, management and leadership, and diagnostic
models and systematic change intervention.
Course 2719
Project Leadership and Communication
Partici pants explore vital aspects of participative
management to build commitment, leadership styles,
organizational cultures and configurations, interpersonal
skill devel op ment, project staffing, and
working with distance-separated teams. This course
equips students with the “soft skills” needed for
managing projects: leadership, communications, team
organization and development, conflict management,
quality management, and negotiation. Students also
gain valuable skills to establish clear project goals,
overcome communication problems, write performance
reports, and manage agreements.
Course 4550
Role of the Project Manager
This first course in the program acquaints students
with project management and the roles that a project
manager plays in its five primary processes: writing an
effective project plan; developing successful proj ect
schedules; executing and controlling project plans
dealing with the impact of the “triple constraint”;
and understanding project phases and life cycles.
Course 0306
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