Chevron Left
Back to Financial Accounting: Foundations

Learner Reviews & Feedback for Financial Accounting: Foundations by University of Illinois Urbana-Champaign

4.7
stars
4,527 ratings

About the Course

In this course, you will learn the foundations of financial accounting information. You will start your journey with a general overview of what financial accounting information is and the main financial statements. You will then learn how to code financial transactions in financial accounting language. In the meantime, you will learn about the most important concept in contemporary financial accounting: accrual accounting. You will then critically analyze how firms recognize revenues. Finally, you will finish the course with an analysis of accounting for short-term assets, where you will go into detail on how firms account for accounts receivable and inventories. Upon successful completion of this course, you will be able to: • Understand the main financial statements and the financial information • Write a financial transaction in financial accounting language and understand how this impacts the main financial statements • Understand how accrual accounting and fundamental accounting concepts work • Understand revenue recognition principles and how they impact the main financial statements • Account for accounts receivable and inventories. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and go to onlinemba.illinois.edu....

Top reviews

YP

Jun 7, 2020

The modules were extremely informative and nothing less to say, Oktay sir's presentations were very easy to understand even for a person like me who has no prior knowledge about Financial Accounting.

AB

Sep 24, 2017

LOVED THE COURSE. THANKS TO COURSERA SO THAT THEY GRANT ME SCHOLARSHIP. WITHOUT THIS IT WOULD NOT POSSIBLE FOR ME TO PERUSE THESE GLOBAL LEVEL COURSES AS I CANT AFFORD THIS. THANK YOU PROFESSOR.

Filter by:

351 - 375 of 1,018 Reviews for Financial Accounting: Foundations

By Rajendra P

•

Oct 20, 2016

I feel better after having to lean all the concepts in this course.

By Venkateswarlu A

•

Aug 10, 2021

Really teaches important basics of accounting , it is very useful

By Ekute G

•

Mar 18, 2021

this course has improve my ability to analyse financial statement

By Hari V S

•

May 4, 2020

Great Course to start and excellent teaching with real time data.

By Deleted A

•

Jan 31, 2019

Excellent course - it provide me with my expectations - Thank you

By Simmi S

•

Jan 31, 2021

this course is very helpful to understand the accounting concept

By Emmanuel O

•

Nov 9, 2020

This was awesome, a super wonderful course. Really learnt a lot.

By Dimple A

•

Jun 15, 2020

I love this course.. thanks for explaining this course so well..

By ANAR G

•

Apr 27, 2020

Everything has been prepared excellent for learning this course!

By Pham T D

•

Feb 7, 2020

Very useful! Professor Oktay Urcan made it easier to understand!

By Mario J R M

•

Jan 2, 2019

congratulations...

Excelent Introduction to Financial Accounting

By Michael E E

•

Jul 28, 2017

This course was very informational and interesting. I loved it!!

By MUKUNDE N

•

Feb 15, 2021

I did appreciate this course and the approach used in lecturing

By Andrii B

•

Nov 6, 2018

Great summary of Accounting basics principles. simple and easy.

By Daniela B

•

Nov 29, 2017

Great course, help us to understand and analyse Balance Sheets.

By Dong Y

•

Sep 9, 2016

Find it really useful and like the short video for every module

By Bakdaulet O

•

Nov 15, 2023

Superior performance, exSuperior performance, excellentcellent

By Tejash

•

Aug 19, 2020

Great course, Learnt a lot about accounting concepts in depth.

By Shreya S

•

Jul 14, 2020

it's a great course and it provide all the required knowledge.

By Sevinj K

•

May 18, 2020

İ am very happy to took part this course. Thank You very much!

By Nitish M

•

Dec 20, 2019

Amazing to understand the fundamentals in financial management

By Abhijith v

•

Aug 15, 2020

it was informative to enhance my inner skills! really awesome

By V. A

•

Jul 15, 2020

Good. But I did cannot get my certificate.. Please help me..

By Naresh G

•

Feb 9, 2020

Excellent course for learning the fundamentals of accounting.

By Suo W

•

Aug 31, 2018

Very practical and solid foundation for financial accounting.