About this Course
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100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Intermediate Level

Approx. 40 hours to complete

Suggested: 8 weeks of study, 6-8 hours a week...

English

Subtitles: English

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Intermediate Level

Approx. 40 hours to complete

Suggested: 8 weeks of study, 6-8 hours a week...

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
1 hour to complete

About the Course

2 videos (Total 10 min), 4 readings, 1 quiz
4 readings
Syllabus10m
About the Discussion Forums10m
Update Your Profile10m
Build a Learning Community with Social Media10m
1 practice exercise
Orientation Quiz8m
3 hours to complete

Module 1: Current Liabilities and Contingencies

7 videos (Total 72 min), 1 reading, 6 quizzes
7 videos
Examples and Presentation7m
Excel Segment7m
Contingencies16m
Examples: Contingencies8m
1 reading
Module 1 Overview and Resources10m
6 practice exercises
Lesson 1.1 Knowledge Check4m
Lesson 1.2 Knowledge Check4m
Lesson 1.3 Knowledge Check6m
Lesson 1.4 Knowledge Check4m
Lesson 1.5-1.6 Knowledge Check4m
Module 1 Quiz30m
Week
2
3 hours to complete

Module 2: Long-Term Debt Part 1

6 videos (Total 83 min), 1 reading, 6 quizzes
6 videos
Bonds: Discount and Premium18m
Bonds: Discount and Issuance Costs16m
Fair Value Option - A Counter Intuitive Result11m
1 reading
Module 2 Overview and Resources10m
6 practice exercises
Lesson 2.1 Knowledge Check2m
Lesson 2.2 Knowledge Check6m
Lesson 2.3 Knowledge Check4m
Lesson 2.4-2.5 Knowledge Check14m
Lesson 2.6 Knowledge Check6m
Module 2 Quiz30m
Week
3
2 hours to complete

Module 3: Long-Term Debt Part 2

5 videos (Total 51 min), 1 reading, 6 quizzes
5 videos
Bonds Modifications7m
Troubled Debt Restructuring13m
1 reading
Module 3 Overview and Resources10m
6 practice exercises
Lesson 3.1 Knowledge Check2m
Lesson 3.2 Knowledge Check4m
Lesson 3.3 Knowledge Check4m
Lesson 3.4 Knowledge Check4m
Lesson 3.5 Knowledge Check6m
Module 3 Quiz30m
Week
4
2 hours to complete

Module 4: Lease Accounting Part 1

7 videos (Total 59 min), 1 reading, 6 quizzes
7 videos
Initial Measurement6m
Lessee: Finance Leases5m
Lessee: Operating Leases8m
Variable and Increasing Rents5m
1 reading
Module 4 Overview and Resources10m
6 practice exercises
Lesson 4.1 Knowledge Check2m
Lesson 4.2-4.3 Knowledge Check4m
Lesson 4.4 Knowledge Check6m
Lesson 4.5-4.6 Knowledge Check4m
Lesson 4.7 Knowledge Check6m
Module 4 Quiz30m

Instructor

Avatar

John Hepp

Clinical Assistant Professor of Accountancy
Department of Accountancy

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.

About University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

About the Financial Reporting Specialization

The Financial Reporting Specialization focuses on the role of financial accounting principles and processes in creating and reporting an organization’s financial statements. Learners who complete this specialization will be able to (1) use financial accounting principles to create and/or process an organization’s financial statements and (2) analyze financial statements to assess an organization’s financial position....
Financial Reporting

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. 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.

More questions? Visit the Learner Help Center.