About this Course

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Flexible deadlines
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Advanced Level
Approx. 24 hours to complete
English
Subtitles: English
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Advanced Level
Approx. 24 hours to complete
English
Subtitles: English

Offered by

University of Illinois at Urbana-Champaign logo

University of Illinois at Urbana-Champaign

Start working towards your Master's degree

This course is part of the 100% online Master of Science in Accountancy (iMSA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

Syllabus - What you will learn from this course

Week
1

Week 1

1 hour to complete

Course Orientation

1 hour to complete
2 videos (Total 4 min), 3 readings, 1 quiz
2 videos
Meet Professor Kustanovich2m
3 readings
Syllabus10m
About the Discussion Forums5m
Updating Your Profile5m
1 practice exercise
Orientation Quiz10m
3 hours to complete

Module 1: Control of a Business

3 hours to complete
5 videos (Total 30 min), 1 reading, 5 quizzes
5 videos
Overview of Accounting for Investment in Equity Securities – Part 27m
Control4m
Scope of ASC 805 – "Business Combinations"3m
Acquisition of a Group of Assets6m
1 reading
Module 1 Overview and Resources10m
5 practice exercises
Lesson 1-1 Knowledge Check30m
Lesson 1-2 Knowledge Check30m
Lesson 1-3 Knowledge Check30m
Lesson 1-4 Knowledge Check30m
Module 1 Quiz
Week
2

Week 2

2 hours to complete

Module 2: Acquisition Method

2 hours to complete
4 videos (Total 30 min), 1 reading, 4 quizzes
4 videos
Goodwill Equation8m
Consolidated Financial Statements on the Business Combination Date – Part 111m
Consolidated Financial Statements on the Business Combination Date – Part 26m
1 reading
Module 2 Overview and Resources10m
4 practice exercises
Lesson 2-1 Knowledge Check30m
Lesson 2-2 Knowledge Check30m
Lesson 2-3 Knowledge Check30m
Module 2 Quiz
Week
3

Week 3

2 hours to complete

Module 3: Components of Consideration Transferred in a Business Combination

2 hours to complete
4 videos (Total 36 min), 1 reading, 3 quizzes
4 videos
Express Scripts and Medco Merger10m
Contingent Consideration – Part 17m
Contingent Consideration – Part 213m
1 reading
Module 3 Overview and Resources10m
3 practice exercises
Lesson 3-1 Knowledge Check30m
Lesson 3-3 Knowledge Check30m
Module 3 Quiz
Week
4

Week 4

3 hours to complete

Module 4: Assets Acquired and Liabilities Assumed

3 hours to complete
5 videos (Total 35 min), 1 reading, 5 quizzes
5 videos
Intangible Assets Other Than Goodwill5m
Defensive Asset and In-Process Research and Development (IPR&D)6m
Deferred Taxes on the Acquisition Date – Part 19m
Deferred Taxes on the Acquisition Date – Part 26m
1 reading
Module 4 Overview and Resources10m
5 practice exercises
Lesson 4-1 Knowledge Check30m
Lesson 4-2 Knowledge Check30m
Lesson 4-3 Knowledge Check30m
Lesson 4-4 Knowledge Check30m
Module 4 Quiz

Reviews

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Frequently Asked Questions

  • Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:

    • The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
    • The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

  • You will be eligible for a full refund until two weeks after your payment date, or (for courses that have just launched) until two weeks after the first session of the course begins, whichever is later. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the two-week refund period. See our full refund policy.

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  • This Course doesn't carry university credit, but some universities may choose to accept Course Certificates for credit. Check with your institution to learn more. Online Degrees and Mastertrack™ Certificates on Coursera provide the opportunity to earn university credit.

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