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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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451 - 475 of 1,018 Reviews for Financial Accounting: Foundations

By Pann L

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Jan 28, 2025

This lesson is very useful for next modual

By Alfredo A N

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Aug 2, 2020

The course is amazing. Totally recommended

By Zulqarnain

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Jul 18, 2020

wonderful course for accounting foundation

By Deleted A

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Sep 17, 2019

Very good course! I recommend it strongly.

By Cesar P

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Feb 22, 2017

muy bien explicado todo el curso, gracias!

By Ali d b

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Mar 3, 2023

j'ai terminer cours je besoin certificat

By Gabriel G

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Nov 11, 2020

Really good. It actually makes you think.

By MACHERLA N

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May 22, 2020

I have done evrything send my certificate

By José A S H

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May 5, 2020

nice course for start learning financial.

By Egon S

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Oct 22, 2019

Good and easy to follow, hands-on course.

By Ahmar S

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Sep 15, 2018

Very clearly explained the basic concepts

By Jorge A G

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Aug 17, 2017

I now understand more advance accounting.

By Keith M K

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Nov 15, 2016

Great instructor. Good course materials.

By Deleted A

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May 18, 2021

Very good course for accounting students

By BSA A M A B

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Feb 12, 2021

Amazing course outline! I learned a lot.

By Sanjay P

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Oct 11, 2020

Great knowledge and easy way to earn it.

By Joseph I

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Sep 26, 2020

Very interesting course, I recommend it,

By Douglas S

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May 14, 2020

Very good course, I learned a great deal

By abdo a

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Nov 11, 2022

it was a very good course and I learned

By Glendola G

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Oct 18, 2022

Really informative and well presented.

By Akorede L

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Sep 23, 2020

awesome and it gives one more knowledge

By JENIFFER J

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Jul 4, 2020

Useful to get a job in accounting field

By Anirban S

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Jun 21, 2020

Informative Course. Really learn a lot.

By Rajeev R J

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Apr 7, 2020

Great course for fundamentals learning.

By Yash D

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Sep 13, 2019

great course,great explanation of topic