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Learner Reviews & Feedback for Financial Accounting: Foundations by University of Illinois Urbana-Champaign

4.7
stars
4,451 ratings

About the Course

In this course, you will learn the foundations of financial accounting information. You will start your journey with a general overview of what financial accounting information is and the main financial statements. You will then learn how to code financial transactions in financial accounting language. In the meantime, you will learn about the most important concept in contemporary financial accounting: accrual accounting. You will then critically analyze how firms recognize revenues. Finally, you will finish the course with an analysis of accounting for short-term assets, where you will go into detail on how firms account for accounts receivable and inventories. Upon successful completion of this course, you will be able to: • Understand the main financial statements and the financial information • Write a financial transaction in financial accounting language and understand how this impacts the main financial statements • Understand how accrual accounting and fundamental accounting concepts work • Understand revenue recognition principles and how they impact the main financial statements • Account for accounts receivable and inventories. 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 go to onlinemba.illinois.edu....

Top reviews

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Sep 3, 2017

Though I have been through Intro Accounting some 3 or 4 times through different classes and seminars, I still found myself learning from this detailed and straight forward presentation of information.

YP

Jun 6, 2020

The modules were extremely informative and nothing less to say, Oktay sir's presentations were very easy to understand even for a person like me who has no prior knowledge about Financial Accounting.

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201 - 225 of 999 Reviews for Financial Accounting: Foundations

By Marilia B d S

Mar 12, 2021

Very good introductory course on accounting. Great professor and many opportunities to practice the content learned.

By Sethuhewa R B

Jul 4, 2020

it was helpful me for my current academics, but i couldn't earned my certificate, i don't know what's the problem is

By Harris S

Jan 15, 2017

Very easy to understanding and practical, especially for the beginners like me. It give me confidence to go further.

By Abdiwahab M O

Dec 13, 2020

Very special course, this course deserves a 5 star rating.

will give my special thanks to the University of Illinois

By MUHARREM I

Sep 22, 2019

Very clear videos and examples. I enjoyed during my study. Thanks yo Mr. Urcan and all whoput this course in place.

By Kyle H

Jun 14, 2019

This course was a good basis for financial accounting and was formatted in a way that facilitated quality learning!

By Olwenyi R

May 18, 2020

The course provides the beginning insight to accounting to any person even a non-professionals. Thank you coursera

By John C

Nov 28, 2022

glad to learn some accountant mindset for transaction consideration. Fun, tho some ideas are difficult to grab :)

By Bryan B

May 31, 2023

A great introduction to key principles and transactions often used in financial accounting. Thank you very much!

By Giovanni M P

Sep 14, 2020

The course is great but it should have the long-term assets module. Besides that it was a very worth experience.

By Angelo O A

Apr 14, 2017

What a great course. I built a great foundation of my accounting skills for my future use in the business world.

By Vasvi M

Sep 16, 2019

Excellent course that provides you with in-depth case studies to get a better understanding of the fundamentals

By Leila Z

May 1, 2018

Super great course!I have learnt a lot and am sure this course will do me a lot of benefits in the near future!

By Eun L

Jan 27, 2018

Very good course! short and to the point. More examples would be helpful though to apply to different numbers.

By Akash K

Apr 25, 2020

it was an awesome journey throughout. Get to learn a lot of things which will help me in my corporate carrier.

By Kamal A

Feb 26, 2017

This Course is very Helpful for beginners who are not from Financial field but are very keen to learn finance.

By Alexa R

Apr 23, 2020

I learned so much! There are case studies for each module that really help you learn how to use the material.

By John M

Jun 12, 2020

Great overview of basic accounting. I had accounting in college and this was a very good brief introduction.

By Guy B

Sep 19, 2019

the topics are being transferred in a good way, and it's easy to learn. the lecturer is really professional.

By Ganon T

Jul 8, 2020

ce cours nous apporte plusieur connaissance en comptabilité et s'est aussi la base de la gestion financiere

By Ravan B R

Apr 30, 2020

Hello. I am Ravan. Everything was very good. Only excellent words can be said about the course. Thank you.

By mukesh s

Mar 7, 2020

course is really very good. I am enjoying learning from best of the professor. such a incredible platform.

By Luis G

Apr 18, 2021

El curso ha sido excelente y muy útil para continuar avanzando en mi carrera. Muchas gracias al profesor!

By �SHREYA B R

Mar 23, 2022

I learned more about financial accounting.It was very helpful for me . I was satisfied about this course

By Joshua V

Jul 9, 2018

Great course for someone with an engineering background that needed a ground up overview of this topic.