About this Course
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Flexible deadlines

Reset deadlines in accordance to your schedule.

Advanced Level

Approx. 22 hours to complete

Suggested: 6 hours/week...

English

Subtitles: English

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Advanced Level

Approx. 22 hours to complete

Suggested: 6 hours/week...

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
1 hour to complete

Course Orientation

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

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
2 hours to complete

Module 2: Acquisition Method

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
2 hours to complete

Module 3: Components of Consideration Transferred in a Business Combination

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
3 hours to complete

Module 4: Assets Acquired and Liabilities Assumed

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

Instructor

Avatar

Michael Kustanovich

Senior Lecturer of Accountancy
Accountancy

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. ...

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 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.

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