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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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201 - 225 of 312 Reviews for Understanding Financial Statements: Company Position

By Hussain A G

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Feb 16, 2023

Healthy environment

By Abhishek P

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Dec 13, 2016

Really well taught!

By Anita R

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Aug 1, 2022

Excellent teacher.

By Gerald B

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May 3, 2022

Excellent course

By godsway d

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Sep 8, 2023

Excellent course

By Priya A

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Dec 20, 2022

very nice course

By 121823601023 P P

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Aug 10, 2020

it was excellent

By VISHAL G

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Aug 4, 2020

excellent course

By nader m

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Aug 16, 2019

very good course

By Idrissa T

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Nov 9, 2017

very good course

By Thạch L

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Aug 28, 2021

it's so helpful

By Ahmed H E

•

Nov 21, 2018

So Great Course

By Onkar S

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Nov 20, 2024

AWESOME COURSE

By HARJAP S

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Sep 26, 2021

Awesome course

By Jonathan E

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Dec 11, 2022

Great course!

By Qi C

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Sep 7, 2021

It is so good

By VASUNDRA V

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Jun 11, 2020

Was very good

By AJITH K B

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May 13, 2020

Understanding

By Aafaq A

•

May 30, 2017

Good Learning

By Ayorinde Q T

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Apr 24, 2017

Satisfactory!

By Shahien S

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Nov 28, 2020

It was grest

By MUHAMMAD A B S

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Apr 20, 2020

Good course.

By BIKRAMJIT S

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Apr 17, 2020

Well taught!

By Stella A

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Oct 25, 2018

Good course/

By Joseph E M

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May 13, 2018

Great Course