University of Illinois at Urbana-Champaign
Accounting Analysis II: Accounting for Liabilities and Equity
University of Illinois at Urbana-Champaign

Accounting Analysis II: Accounting for Liabilities and Equity

This course is part of Financial Reporting Specialization

Taught in English

Some content may not be translated

Scott Mendoza

Instructor: Scott Mendoza

9,758 already enrolled

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Course

Gain insight into a topic and learn the fundamentals

4.7

(91 reviews)

Intermediate level

Recommended experience

47 hours (approximately)
Flexible schedule
Learn at your own pace
Progress towards a degree

Course

Gain insight into a topic and learn the fundamentals

4.7

(91 reviews)

Intermediate level

Recommended experience

47 hours (approximately)
Flexible schedule
Learn at your own pace
Progress towards a degree

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This course is part of the Financial Reporting Specialization
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There are 9 modules in this course

In this module, you will become familiar with the course, your instructor and your classmates, and our learning environment. This orientation will also help you obtain the technical skills required to navigate and be successful in this course.

What's included

3 videos4 readings1 quiz1 discussion prompt1 plugin

In this module, you will be introduced to the accounting by employers for employee postretirement benefits. We will explore the basic features of accounting for defined benefit plans, including benefit obligations, plan assets, and the components of net periodic benefit cost. The discussion includes accounting for changes in net pension asset or liability that are recognized in other comprehensive income.

What's included

9 videos2 readings9 quizzes1 discussion prompt

In this module, you will continue your study of the employer's accounting for employee retirement benefits, including health care plans, multi-employer plans, and defined contribution plans. We will learn the definitions of curtailment and settlement and the impact of each on the financial statements. The module also describes defined contribution plans and multi-employer plans. The module will wrap up with a brief discussion of some of the major differences between US GAAP and IFRS.

What's included

8 videos2 readings9 quizzes

In this module, the conversation changes from liabilities to equity. You will learn how to account for the issuance of common stock and basic transactions such as cash dividends, stock dividends, stock splits, and the purchase and reissuance of treasury stock. The module also includes a discussion of preferred stock and accumulated other comprehensive income.

What's included

10 videos2 readings11 quizzes

In this module, you will be introduced to share-based payments, such as stock options. We will learn the different models used in valuing equity instruments. This module will begin with a simple example for the accounting of employee stock options, and will then build on that to include forfeitures and graded vesting. The module will conclude with a discussion of stock appreciation rights and restricted shares.

What's included

10 videos2 readings10 quizzes

In this module, you will be introduced to the concept of earnings per share (EPS). You will learn how to account for basic EPS and diluted EPS. The module includes discussion of how preferred stock, options, and conversion features affect the numerator and denominator when calculating basic and diluted EPS. The module continues with the discussion of the mechanics of the if-converted and treasury stock methods, and the accounting for antidilutive securities.

What's included

10 videos2 readings11 quizzes

In this module, you will be introduced to the accounting for changes in accounting principles, changes in accounting estimates, and correction of errors from a previous period. The module will discuss the three techniques used when a new standard is adopted: retrospective, modified retrospective, and prospective.

What's included

8 videos2 readings9 quizzes

In this module, you will be introduced to the statement of cash flows. We will learn how to classify cash flows as investing, financing, or operating activities. The module will conclude with a comparison of the statement of cash flows prepared using the direct and indirect methods.

What's included

9 videos2 readings10 quizzes

This module is for you to tell us what you think of the course.

What's included

1 video4 readings1 discussion prompt1 plugin

Instructor

Instructor ratings
4.9 (11 ratings)
Scott Mendoza
University of Illinois at Urbana-Champaign
2 Courses12,612 learners

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