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Accounting/ CPA Preparation - UCSC Extension Silicon Valley

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<strong>Accounting</strong> and <strong>CPA</strong> <strong>Preparation</strong> Open House<br />

Join us for a FREE Open House to learn how our <strong>Accounting</strong> Certificate and foundation courses for Certified Public <strong>Accounting</strong> help<br />

mid-career and aspiring professionals earn credentials in financial management. Meet a panel of instructors and students as they share first-hand<br />

knowledge and experience with the exciting opportunities available today in one of <strong>Silicon</strong> <strong>Valley</strong>’s fastest growing fields. This quarterly event is<br />

a great introduction to opportunities you can discover through <strong>UCSC</strong> <strong>Extension</strong> <strong>Silicon</strong> <strong>Valley</strong>.<br />

Course 23393<br />

For information and to register, visit ucsc-extension.edu/events<br />

FREE EVENT<br />

<strong>Accounting</strong> Required Courses<br />

Introduction to <strong>Accounting</strong> I,<br />

Financial <strong>Accounting</strong><br />

The fundamentals of financial accounting are<br />

presented in this course, as well as the identification,<br />

measurement and reporting of the financial effects<br />

of economic events on enterprises, including accrual<br />

account concepts; transaction analysis, recording and<br />

processing (journals and ledgers); preparation, understanding<br />

and analysis of financial statements (income<br />

statement, balance sheet and cash-flow statement);<br />

accounting for sales and cost of sales; inventory<br />

valuation; depreciation of operational assets;<br />

accounting for investments; and accounting for<br />

liabilities and present value concepts.<br />

Course 3658<br />

Introduction to <strong>Accounting</strong> II,<br />

Managerial <strong>Accounting</strong><br />

This course covers managerial accounting and how<br />

to evaluate cost-accounting data in order to help management<br />

do its job effectively in the areas of planning,<br />

control, motivation, communication, evaluation<br />

of performance and decision making. Accordingly,<br />

selected topics such as traditional and activity-based<br />

costing, standard costing, relevant costing, variable<br />

costing, cost-volume-profit analysis, short- and longterm<br />

budgeting, alternative decisions, performance<br />

measurement, responsibility accounting and<br />

transfer-pricing are presented.<br />

Course 1224<br />

Intermediate <strong>Accounting</strong> I<br />

Designed for those specializing in accounting, this<br />

intermediate-level course covers the theory and<br />

application of accounting. It emphasizes revenue<br />

recognition, current assets and liabilities, and<br />

fixed-asset accounting.<br />

Course 5675<br />

Intermediate <strong>Accounting</strong> II<br />

This course is the continuation of topics learned in<br />

“Intermediate <strong>Accounting</strong> I.” Through lecture, readings<br />

and exercises, this course covers investment accounting,<br />

bonds, pensions, leases and earnings per share.<br />

Course 6381<br />

<strong>CPA</strong> Advanced Courses<br />

<strong>Accounting</strong> for Government<br />

and Nonprofit Organizations<br />

This course presents principles, objectives and<br />

methods of accounting for governmental and other<br />

nonprofit organizations. The focus is on the accounting<br />

and reporting issues of state and local governmental<br />

entities, including discussion of GASB 34.<br />

Coverage is also given to the accounting and financial<br />

statement issues of nongovernmental, not-for-profit<br />

organizations. This course is highly recommended for<br />

individuals who plan to sit for the <strong>CPA</strong> exam. Public<br />

administrators who plan to provide financial management<br />

or consulting services to government and<br />

nonprofit entities will also find this course helpful.<br />

Course 2633<br />

Advanced <strong>Accounting</strong><br />

Designed for accountants, accounting students,<br />

professionals and those preparing for the <strong>CPA</strong> exam -<br />

ination, this course focuses on advanced financial<br />

reporting topics that are consistently included on the<br />

<strong>CPA</strong> examination. The course covers consolidated<br />

financial statements, accounting for intercompany<br />

transactions, and for business combinations. Limited<br />

tax aspects of consolidated financial statements,<br />

including accounting for foreign currency transactions<br />

and operations are addressed. The course<br />

delves into segment (line-of-business) reporting,<br />

interim (quarterly) financial reporting, partnerships,<br />

and financial and economic analysis using real-world<br />

cases and development of Excel spreadsheets.<br />

Course 1013<br />

Auditing and Attestation<br />

This course shows how to perform an audit of an<br />

organization’s financial statements to determine<br />

whether the current financial position and results of<br />

operations are presented fairly and are free of significant<br />

errors. Upon completion, students should be<br />

able to evaluate the internal controls and conduct<br />

an audit of a small company. Students receive solid<br />

preparation for the auditing section of the <strong>CPA</strong> exam.<br />

Enrollment Information<br />

Visit ucsc-extension.edu/accounting, for the most up-to-date information about all our courses<br />

and programs, including textbooks, instructors, schedules and locations.<br />

Enroll online at ucsc-extension.edu.<br />

Course 2658<br />

Corporate Income Tax <strong>Accounting</strong><br />

Federal income tax topics are examined:<br />

incorporation, corporate capital structure, dividends<br />

and redemptions, mergers and reorganizations,<br />

liquidations, and the transfer ability of tax attributes.<br />

Also covered are the fundamental legal concepts,<br />

statutory provisions, and computational procedures<br />

of taxable income and deductions, passive activities,<br />

alternative minimum tax, property transactions,<br />

deferred compensation, and taxation factors relevant<br />

to business decisions. The S Corporation is explored<br />

as an alternative to the regular corporation and<br />

other modes of operation.<br />

Course 5744<br />

Cost <strong>Accounting</strong><br />

The requirements for cost accounting, the standards<br />

used to evaluate cost-accounting systems, management<br />

uses for cost-accounting data and the correct<br />

processes for implementing systems form the basis of<br />

this course. The methods required by the Generally<br />

Accepted <strong>Accounting</strong> Principles (GAAP) are<br />

addressed. Topics include the flow of costs through<br />

a firm; the difference between a job order costing<br />

system and a process costing system; the use of<br />

standard costing; and how management uses data.<br />

Course 2841<br />

Financial Statement Analysis<br />

This course presents financial statements as a set<br />

of dynamic instruments used to support management<br />

decision making and to protect the public interest.<br />

Participants learn to create documents like annual<br />

reports and analyze these for common problems<br />

affecting valuation, sustainable corporate performance<br />

and bankruptcy forecasting/ avoidance.<br />

Course 6938<br />

Income Tax <strong>Accounting</strong><br />

This course examines current federal revenue law<br />

as related to individual income taxation. It covers<br />

sole proprietorship and small business taxation as<br />

well as real property transactions, with emphasis on<br />

issues relating to all aspects of individual taxation.<br />

Particular attention is given to the effects of the<br />

current tax law, including capital gains and losses,<br />

adjustments to gross income, itemized deductions,<br />

tax credits, tax payments and estimated taxes.<br />

This course implements practical application of<br />

tax law through preparation of tax forms and<br />

planning for individuals.<br />

Course 3300<br />

Courses continue on reverse…

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