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Learner Reviews & Feedback for Formal Financial Accounting by University of Illinois Urbana-Champaign
373 ratings
About the Course
This course builds upon what you learned in Financial Accounting: Foundations and Financial Accounting: Advanced Topics and introduces you to formal foundations of financial accounting. The main purpose of the course is to familiarize you with technical terms in financial accounting, such as debit, credit and T-account. While knowledge on technical aspects of financial accounting is not necessary to understand and interpret financial statements, this knowledge is critical to be able to understand advanced topics in accounting. Formal Financial Accounting is a prerequisite course for the University of Illinois' iMSA program and the terminology we will cover will be used throughout the courses in iMSA program.
The University of Illinois at Urbana-Champaign, consistently ranked as one of the nation's top three accounting programs, now offers a master’s in accounting at a very affordable tuition rate and is completely online. The iMSA is a full Master of Accountancy program and students graduate with a highly recognized master degree. Try an open course or two, then apply for admission into the credit-bearing version, as you may be eligible to take credit-bearing courses during the application process. If you are missing any prerequisites for the full degree, you can complete Coursera courses to demonstrate readiness and strengthen your application for the iMSA. For more information on this exciting online master's in accounting program, refer to this link: https://www.coursera.org/university-programs/imsa
Top reviews
AR
Oct 29, 2021
As being a scholar of Management Sciences I really appreciate that this course helped me to lean and revise my concepts that I have already studied. Thanks to PIDE and Coursera.
AH
Dec 8, 2017
The lectures are great and easy to understand, and the examples are well explained and easy to follow. The professor explains the material in a very understandable way .
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76 - 80 of 80 Reviews for Formal Financial Accounting
By Pooja O V
•Nov 4, 2020
Well explained.
By PJ W
•Jun 26, 2022
A bit mundane!
By Liban “ T
•Aug 14, 2024
amazing
By Robin L W
•Feb 6, 2019
not enough practice oppportunity. In quizes, if you get an answer wrong but still pass, the correction is not taught -should be.
By Jonathan G
•Mar 26, 2018
are too many quizzes in this course and the lessons are tedious!