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Learner Reviews & Feedback for Understanding Financial Statements: Company Position by University of Illinois Urbana-Champaign

4.8
stars
1,319 ratings

About the Course

This course is designed to provide a basic understanding of financial statements with an emphasis on the balance sheet. However, to understand accounting driven financial statements, it is important to recognize that accounting is less about counting and more about measuring. “What is it that is being measured?” Well, as the course unfolds, you will learn about the three measurement questions and how the balance sheet helps to answer the first two of these questions. By touring a real company and interviewing real business people, the course describes the basic content of financial statements in a simple yet relevant context. The goal of the course is to leave a lasting impression about what balance sheet consists of and what it reveals. The next course in the Fundamentals of Accounting Specialization completes the conversation by addressing the remaining measurement question. Upon successful completion of this course, you will be able to: • Describe the purpose of a balance sheet. • Define the three components of a balance sheet. • Recognize and understand the meaning of several items typically presented on a balance sheet. • Explain the broader purpose of financial statements and the role of accounting in producing the financial statements. • Read and, to some extent, interpret real-world balance sheets. If you enjoy this business course and are interested in an MBA, consider applying to the iMBA, a flexible, fully-accredited online MBA at an incredibly competitive price offered by the University of Illinois. For more information, please see the Resource page in this course and onlinemba.illinois.edu....

Top reviews

MN

Jan 15, 2024

The course has been an interesting learning journey, getting clarity on what we use financial statements of a company for, to learning it's measurement to get the results of the company position.

CR

Dec 2, 2020

Having worked with accountants for 11 years but only taking a few accounting classes in college, this taught me many things that help me better understand what the accountants are talking about.

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101 - 125 of 312 Reviews for Understanding Financial Statements: Company Position

By Shady A B

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Dec 24, 2016

really its very helpful for me and helped me in my College thanks you

By Humayoon R

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Sep 8, 2016

It is really works to make you understand a balance sheet practically

By Muhammad Z

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Sep 12, 2023

this course was very helpful for me and i have alot from this course

By Ashish D C

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Jul 21, 2020

Very good course. Everything is explained with real world scenarios.

By sshhxx

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Mar 28, 2017

very good course, helps me to pick up a lot about accounting basics.

By Nguyen S

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Apr 12, 2020

This course is a well blend of theories and practical cases. Great!

By Liliana A

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Feb 21, 2024

loved how it was explained, the examples used from real companies.

By SABAA A

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Apr 9, 2020

All thanks to this course to all the people who participated in it

By Dr. B L C

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Apr 10, 2017

Great course, nicely taught. I learned a lot about balance sheets.

By Ronaldo O

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Jul 12, 2023

I love the course since it directly impact on my daily activities

By Gonzalo G

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May 5, 2022

Great introductory course to accounting and financial statements.

By J R

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Dec 14, 2020

Great real-world information. Looking forward to the next class.

By K S S

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May 1, 2020

Thank you for this insightful and informative learning experience

By Haoyue K

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Aug 29, 2016

Wonderfully designed. Clear and interesting explanation. Love it!

By RAJA.B

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May 20, 2021

A very and good course. Learned a lot about financial statements

By ABIONA O B

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Sep 22, 2020

I understand clearly the statement of company financial position

By Zul k

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Jul 16, 2020

The teaching method was really great and explanation was awesome

By POONG S C

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Apr 19, 2020

Leaned a lot in this course on understanding financial statement

By Umair R

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Jun 5, 2016

This Course Had Help Me in My Ramay Trade LTD Business in Rwanda

By Zehra G

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Dec 11, 2020

Thanks for this course. It was very understandable and usefull.

By Leidy C G R

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Mar 24, 2023

Thank you so much Kevin E. Jackson you are an amazing Teacher!

By Nandini v

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Jun 6, 2020

kevin sir, you are very energetic. thankyou for your insights.

By Mostafa T

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Sep 25, 2017

it is very useful course i will recommend it for my friends

By Benjamin W

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Jun 28, 2021

Very good and basic class going over financial statements.

By Carrie R

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Jun 15, 2020

Very accessible concepts and enjoyable video presentations.