FA
Jun 11, 2018
One of the most practical courses I have taken in Coursera. Highly recommended for professionals in Business, Strategy, and Finance & Accounting departments, as well as stock market investors.
LS
Aug 8, 2023
great experience and very informational topics discussed in this course. Transcript used very much while they are teaching the class. Thank you Coursera team providing great opportunity to me.
By Nick S
•Apr 26, 2017
First of all, I really enjoyed Professor Ittner's presentations. Sadly, his presentation was only 25% of the course. Professor Ittner was very direct but also was very engaging in how he delivered his content. I had a good feeling that I could really understand the material he was teaching. If I could give a rating for just Professor Ittner, I would give a 5 star rating. Now, this is why I am giving this course a 1 star rating. But I do have to say, going into the depths of Accounting Analytics is not easy. You really need to have a good grasp of Accounting otherwise you will get lost. Professor Bushee did not make the first 3 weeks really easy to get through. While I enjoyed his examples & case studies, he simply did not do a great job of really explaining and illustrating the concepts he was teaching. And worst of all, he setup a digitally generated classroom where he had his computer generated students ask pointless questions, make pointless statements, or answer with pointless statements/answers. I really wish I had the time to analyze how much of the course time he spent doing this, I would estimate that it's around 10% but it could very well be higher. There are so many different examples to pick form, but I'll just pick a few here. "I didn't read the Iliad or Odyssey some I'm not going to ask you to" in reference why in regression there are Greek letter used for coefficients (it's a fair assumption that someone taking this class understands coefficients), a 30 second exchange where a PC generate student says that they're "stocked" to run some regression followed by Proffessor Bushee informing us that "we're going to run some narly regressions", Professor Bushee saying he doesn't know how to perform Earning Management Analysis on Mars but he certainly knows how to do it on Earth, and a joke why people don't like accountants. These segments add absolutely zero value. They lengthen the time of the course. To make maters worse, I'm sure Proffessor Bushee had to spend even more time creating this additional interaction together.
By Emad S
•Feb 9, 2019
the worst instructor and the most of the lectures are not materials are not enough to get you through to pass the quiz!
By Dustin h
•Jan 23, 2020
quizzes are inconsistent with the videos, and when I re took the quiz the quiz would change the questions entirely. So I did not learn anything from this class.I would give it zero stars I f I could.I don't know if the inconsistent quizzes are a glitch, It would be helpful if This gets l looked into.
By Damaso P
•Oct 7, 2018
Excellent course with a very good teachers. I am accountant with over 15 year of experience and the techniques here were very useful to improve knowledge and skills for financial anlaysis.
By Brent A
•Aug 29, 2018
Prof Bushee is the accounting professor that we wish we all had in undergrad / postgrad! His accolades at the school were clearly well earned!!
Loss of 1 star on the course due to the Week 4 module. Could have used a lot more concrete examples / numbers, not just "here are the results!"
By Arash S N
•Apr 29, 2020
The first three weeks didn't relate to the first three courses of this specialization and seemed more centred around forensic accounting. Business Analytics are almost exclusively outside of the financial forensic world whereby earning management and fraud topics are relevant. I found this course to be very valuable still and only question its relevance to the first three and the specialization. I personally expected topics around how to set up accounting analytics to improve the results similar to understanding customers, people, and operations.
By Cassidy L
•May 20, 2019
HORRIBLE professor for the first three weeks. Bad technology use. The weekly information was not nearly enough to complete the very complex quiz questions. They required WAY too many assumptions for being a course that, in my opinion, should be teaching theory, not application.
By Fares A
•Jun 12, 2018
One of the most practical courses I have taken in Coursera. Highly recommended for professionals in Business, Strategy, and Finance & Accounting departments, as well as stock market investors.
By Kwek W C
•Mar 10, 2018
Very poor service to response to my problem. I'm asked to pay to upgrade after completing the quiz when I'm already a paid subscriber. Nobody can tell me what's wrong and resolve it! I'm wasting my time waiting!!!
By Patrick B
•Feb 5, 2016
The course makes accounting interesting and especially the examples are very illustrative. Virtual students bring some fun. The 4th week is however really integrated in the course structure.
By Carlos F P
•Jul 30, 2020
Difficult course if you don't know financial accounting. It was really hard, but worth it.
By Jan Z
•Jan 5, 2016
This is my feedback as a Beta-Tester for the course:
Week 1
I thought that the videos were clear, well organized and flowed well from topic to topic. There was a clear logic as the professor developed the various ratios.
What was missing for me was some in-line quizzes. Not the “tell me what I just told you type” but rather ones that make you think. So, for example, in the final video for Week 1, the optional video, instead of just suggesting that the students “play” with the spreadsheet, I think it would be better to give them an actual task or two… “change the assumption about X to <this value>. What is the impact on the Y ratio? Why?” I liked that he showed what numbers needed to be changed to make the share valuation closer to $55. But rather than just telling us the answer, this would be another opportunity to have the students stop the video and go try it themselves. With a specific task, it is likely that more students will go and work with the spreadsheet. This is where the real learning takes place.
One of the things that I really liked about the design of prior courses by Professor Bushee was the fact that he had examples throughout the videos that had you apply the information right away. But, perhaps this is just me. I know that I learn a lot better by doing rather than just watching the videos and going “yeah… that makes sense. I understand…” I also recognize that some students, in past courses, have probably said they don’t find the in-line quizzes valuable. But, is that a reflection of the value of in-line quizzes as a whole or just in-line quizzes that simply require “parroting” something said in the video.
I’m sure that the professor can come up with lots of examples. In Week 1 Video 1 the in-line quiz might provide some numbers for De-levered Net Income, Sales, Average Total Assets and Average Shareholder’s Equity and asking for the results of each of the ratios in the Dupont Analysis. And maybe a “think about what this means” type question that is not necessarily “marked” but for which an answer is provided in the video. Alternatively, he could have the students change some specific things in the Woof Junction spreadsheet and indicate what impact that has on the ratios and why.
Week 1 Video 2 offers lots of similar opportunities with the Profitability and Turnover Ratios. Perhaps requiring the students to work backwards from a specific ratio to determine gross profit would be effective. Or, perhaps a question that relates strategy specifically to the ratios. For example, what would happen to the Gross Margin if Woof introduced a credit card and days receivable increased to 31.6 in 2015? Just something to engage people with the materials.
All of the videos offer similar opportunities and I think having specific problems or questions will enhance the learning experience rather than just suggesting that they “go look at the spreadsheet”. The audience for these courses tends to be quite a bit different from your average upper tier university student and probably needs a bit more “hand holding” and “direction” in order to be successful.
Also, if Professor Bushee expects students will watch the optional videos anyway, why make them optional? In the case of the Valuation Video, despite some of the mathematics being a little “scary” for some students, I think that the information there is really useful and helps to solidify an understanding of the spreadsheet.
I’m wondering if an in-quiz question would be helpful. Perhaps it might provide a new set of financials for Woof Junction and ask for ratio calculation and what that means in terms of their position in the marketplace or something similar. Just some practice questions to get people working with the information.
Same comments basically apply for the remainder of the weeks. I think that it would help the students to have some in-line quizzes – this not only breaks up the longer videos and helps to keep students focused but also provides a reinforcement of key concepts.
I really liked the quiz for Week 1 even though I struggled with the questions where there are multiple correct responses. The quiz effectively reinforces the information covered very well and requires one to think about what was covered in the lectures.
You may want to remind students that the questions may change from quiz to quiz. In many of these on-demand courses, the quiz questions do not change and students may be in the habit of not rereading the questions they have gotten correct on previous attempts.
Week 2 – Revenue After Cash Collection at 7:39 – talking about Days Unearned Revenue and mentions that an “increase means slower future recognition”. A bit more explanation around what that means would be useful.
Week 3 – no particular additional comments on the lectures other than some in-line questions might be good.. I found Benford’s Law really interesting.
Week 4. It would be really nice to have something to break up the lectures – some in-line quiz questions might help. This would also help to reinforce the material.
Week 4 quiz Question 9 -, the double negative wording of the question and the correct response may cause confusion for students – particularly for those for whom English is not their native language.
Overall Comments
I enjoyed the course and learned a lot. I was wondering whether it would be possible to provide a summary document with all the key information from each week related to the ratio calculations and the key things to look for related to those ratios. I know that the ratios are provided in the spreadsheet but it might be good to have a written summary with some supplemental information about how to use the ratios.
I think in-line quizzes or practice questions would be helpful for students – perhaps ones that asked students to do specific things in the spreadsheet and come back with an answer. They don’t need to be long or complicated – just something that gets people into the spreadsheets and working with them early. You may want to do something stronger to encourage them to “play” with the spreadsheet. Many will feel reluctant to change the numbers in the spreadsheet for fear of “messing” it up. Perhaps a reminder that they can change whatever they want because if they mess something up they can always download it again. Or they can save a copy and play in that leaving the original untouched.
It also might be a good idea to have a “playground” sheet where there is a simple set of Financial Statements and the students can try changing things in the financial statements and see the impact on the key ratios without having to move from one spreadsheet to another – so, a combination of the Original tab and the first two columns of the Ratios tab. You might even want to have two columns for the ratios – one for the ratios with the original numbers that does not change (fixed values) and one for the changed numbers, so students can see the effect of the changes easily.
In terms of the spreadsheets, I thought that the Original, the Ratios and the CommonSize tabs were fairly straight forward and relatively easy to understand. That may not be the case for people less familiar with MS-EXCEL but I don’t know what the target audience is for this course so the students may all be proficient with the tool. On the Valuation tab, I was wondering if the numbers in Row 41 should be highlighted in some way to emphasize that they are Years. That is not clear on first glance.
There are a lot of mistakes in the subtitles. I pointed out many of these by flagging the specific videos where they occurred.
Thank you for the opportunity to participate in the beta-test of this course. I hope that my comments are helpful and that I have not missed too much that causes students issues as the course goes live.
By Michael D
•Jul 20, 2016
I have many hours of undergraduate accounting and finance course work under my belt and this class gives you a tremendous overview of financial statement analysis. The only disadvantage is that the professor creates the workbooks for you and you only have to answer conceptual questions. While this would be great for some, I was hoping for some more hands on work to practice.
By Joel A G
•Jan 20, 2021
Even though the faculty member mentioned in the beginning of this specific course that the user needs pre-requisite knowledge of accounting basics they should have gone through the basics as well.
The Business Analytics Specialization (which this course is a part of) was advertised as 'easy difficulty' and 'no prior experience required'. The previous courses of this specialization had no such problem.
By Matthew T
•Nov 23, 2020
The opportunity to learn more about the field of Accounting and Analytics in a different perspective gave me more respect for numbers. Being an accounting student, I did not have to opportunity to learn how it can be more than just financial, auditing, and taxation but more in line with my future career goals in forensics and financial fraud.
By Rakib H C
•May 26, 2019
Really, a practical course. It will help me to improve my decision making capacity based on critical analysis of any situation. Thanks Wharton, University of Pennsylvania and Coursera for making those critical thinks easy for us. Hope it will improve my capability to be a successful Manager.
By Krishnamurthy S
•May 11, 2020
An accounting course which helped me to learn too many interesting concepts. A very well presented course. The examples, scenarios and test cases presented were really interesting. Overall a very good course.
By Grace T
•Jul 4, 2021
Systematically presented materials. The explanations and Excel calculations were easy to follow even though they were via video. Well done for creating such a fantastic student experience!
By Adrian W C
•Jul 28, 2020
I love the brilliant presentation by the professors and also the more than sufficient reading materials.
By Krzysiek S
•Feb 19, 2016
I loved the Accounting part of the course. It was quite hard for me (non-accounting person), however I really enjoyed the form of the lectures and the content itself (the earnings management + its revealing). Great materials Professor Bushee!
By Roopa N
•May 16, 2020
Definitely an eye opener for me being a Accounting graduate, this course really helped me to understand the importance of regression analysis and its application in real.
By Marco B
•Jan 30, 2019
useful in terms of how to dig into accounting statements
I would have appreciated other pratical applications examples apart from earnings management or frauds detection
By Divy K
•Jun 1, 2020
Confusing course. Prof. Brain has excellent knowledge but delivery of content was poor. At times he tried to be funny which turned out to be disaster.
By Prathamesh C
•Aug 3, 2019
Course content is nice. But there is lack of focus on basics of accounting.
Try to make make concepts more realistic than theoretical.
By Santiago P M
•Apr 9, 2020
no me gustò casi este modulo. Me costò mucho trabajo concentrarme y enfocarme en èl Creo que podría ser mas dinámico