11 Passive Income Ideas to Increase Your Cash Flow in 2025
January 27, 2025
Article · 6 min read
This course is part of multiple programs.
Instructor: Oktay Urcan
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(1,703 reviews)
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To account for fixed assets
Understand accounting for liabilities
Evaluate shareholders’ equity section of a balance sheet, and
Understand preparation and information provided by cash flows statement.
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In this course, you will explore advanced topics in financial accounting. You will start your journey with accounting for assets with more than a 1-year life. You will learn in detail how firms account for fixed assets. You will then move on to the financing of assets and discuss accounting for liabilities. The course will continue with an in-depth exploration of shareholders’ equity. Finally, you will critically evaluate the preparation, components, and analysis of the cash flows statement.
Upon successful completion of this course, you will be able to • account for fixed assets, • understand accounting for liabilities, • evaluate shareholders’ equity section of a balance sheet, and • understand preparation and information provided by cash flows statement. 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 onlinemba.illinois.edu.
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
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Long-term assets, assets that can be converted into cash in a time period of more than 1 year, constitute a large portion of a balance sheet for a lot of public companies. Understanding accounting for long-term assets will help you uncover how these accounts change over time, their valuation, and their usefulness in managerial decision making.
7 videos5 readings7 assignments
One of the major sources of financing for many firms is liabilities. Firms routinely finance their operations through various liabilities, including accounts payable, bank loans, and bonds. Accounting for liabilities will help you understand how liabilities are created, how they are valued, and how they inform a firm’s liquidity position.
7 videos4 readings6 assignments
One of the major sources of financing for many firms is contributions from shareholders. The shareholders’ equity section of a balance sheet shows details of the investments of shareholders. Accounting for shareholders’ equity will help you understand the amount of shareholder investment, the number of shares issued in return by the firm for shareholders, the amount of earnings earned by the firm but not distributed to shareholders, and information about the amount of shares repurchased by the firm from the stock market.
6 videos5 readings6 assignments
One of the major financial statements is cash flows statement. This statement describes in detail how cash changes for a firm over a certain period. The cash flows statement provides valuable information about the liquidity position of a firm, the cash consequences of managerial operating and investing decisions, as well as the earnings quality of a firm.
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This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
University of Illinois Urbana-Champaign
Degree · 4 - 12 months
University of Illinois Urbana-Champaign
Degree · 2 – 3 years
University of Illinois Urbana-Champaign
Degree · 1 year
¹Successful application and enrollment are required. Eligibility requirements apply. Each institution determines the number of credits recognized by completing this content that may count towards degree requirements, considering any existing credits you may have. Click on a specific course for more information.
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Reviewed on Sep 12, 2020
Difficult but very informative and material is high quality and professor is very helpful but I felt so sessions deserved more time to grasp
Reviewed on Jul 11, 2020
Great course on financial accounting. Concepts were explained precisely and the appropriate examples and case studies were helpful to work with the actual data. Highly suggested course.
Reviewed on Dec 19, 2022
very useful. gained a better understanding in financial / accounting treatment. very engaging and impressive lecturer! easy to understand, tho some quizes are painful XD
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