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

4.7
stars
4,524 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.

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276 - 300 of 1,018 Reviews for Financial Accounting: Foundations

By Saritha j

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Sep 25, 2020

Very useful this course. I have learning more thinks. I am improve my skill and knowledge

By Jane C C

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May 22, 2020

Excellent course! Easy to comprehend and lots of examples made it easier for me to learn.

By ankit k

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Oct 11, 2018

This is a great course for people who want to start with their specialization in Finance.

By Arcturus

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Jan 3, 2022

very good, quite challenging but definitely recommendable for understanding 10-K reports

By KEVIN M C

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Dec 2, 2019

Very happy with the course, it opened the perspective of accounting that they taught me.

By Shibaji S

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Dec 19, 2018

it is a very good course. The way of teaching is very good. It is easily understandable.

By Christian R

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Feb 11, 2018

Great summary of basic concepts - easy to understand and practical with real world data!

By Dagoberto B G

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Feb 6, 2017

Very interesting and applicable. Not just the concepts but also a contrast with reality.

By Munira Q E q

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Oct 14, 2020

I gave the most information about financial accountings. This course is very important

By RODRIGO W C R

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Dec 18, 2019

Excelente docente, se entiende muchos de los conceptos a pesar de estar en otro idioma

By Juan F D L

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Dec 5, 2019

Excellent Course, Teacher is very good, contents are well explained. Lost of examples.

By Elena F

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Nov 24, 2024

Course is very clear to understand, but at the same time detailed and useful. Thanks!

By Kaywattie M

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Oct 28, 2020

I'm happy I did this course. I have gained a lot of knowledge on Financial Accounting

By LAXMI P D N

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Sep 6, 2020

I've learnt the foundations of financial accounting in a crystal clear, perfect way.

By sai m p

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Mar 20, 2017

i have studied many things from this course. i have got knowledge from this course.

By KANNAIAHGARI B 2

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Mar 26, 2021

this particular course really helped me a lot . we can know the basics of accountacy

By Amir N

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Jul 8, 2020

Concise and clear. A brilliant course for anyone who is into Finance and Accounting.

By Giulio P

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Feb 16, 2020

Very clear e usefull course!

Cover the main item and aspects of Financial Accounting

By Muahammad A

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Jun 22, 2018

The course is excellent and taught also very good, and learned allot from the course

By Dr. R V

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Dec 31, 2023

Excellent, Knowledgeful, Informative Course with the right procedure for accounting

By John Y

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Apr 10, 2021

I found this course helpful for review after taking a full college account course.

By Mohammed A

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Mar 11, 2019

Thank you so much, for all the amazing informations I really appreciate your help!

By Ortikov B

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Feb 20, 2021

It was very good introduction! Thank you to Professor, University and to Coursera

By Muhammad U

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Feb 11, 2020

Best opportunity for Accounting and Finance Students ...And Realy Thanks Coursera

By Sayed S

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Oct 11, 2019

excellent course. It is especially good course for Short assets of balance sheet.