What will I learn?

Understand how the formation of the accounting database affects firm behavior and the perception of the firm by current and potential investors and creditors.

a. Use the Financial Accounting Standards Board Accounting Standards Codification to answer complex accounting questions.

b. Journalize and post transactional data using an accrual basis system and translate that data into financial statements.

c. Use financial statements to develop expectations of future firm performance and make informed operating, investing and financing decisions based upon those expectations.

d. Explain how and why the International Financial Reporting Standards diverge from U.S. Generally Accepted Accounting Standards.

Be able to differentiate between the Economics and Accounting models.

a. Describe the relevant short and long run costs for firm level decision making.

b. Explain the difference between profit and net income.

c. Explain the difference between the non-linear models used in Economics and the linear approximations used in accounting applications.

Which department am I in?

College of Letters and Science

Study options

Full Time (Minimum of 180 quarter units)

Tuition fees
US$29,754.00 per year
Start date

Expected October 2021

Venue

College of Letters and Science

2217 Cheadle Hall, MC 2080,

University of California, Santa Barbara,

SANTA BARBARA,

California,

93106, United States

Entry requirements

For students from United States

Students must have a paper-based TOEFL score of 550 or better.

For international students

You are considered a freshman applicant if you have completed secondary school and have not enrolled at any college or university.

English Language Proficiency

The minimum accepted score for admission consideration for the TOEFL is 80 or better on the Internet-based test and 550 or better on the paper-based test.

The minimum accepted score for the IELTS is 6.5 or better band score (academic modules).

*There may be different IELTS requirements depending on your chosen course.

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