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Learner Reviews & Feedback for Accounting Analysis I: The Role of Accounting as an Information System by University of Illinois Urbana-Champaign

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692 ratings

About the Course

This course is the first course in a five-course Financial Reporting Specialization that covers the collection, processing, and communication of accounting information (via financial reports) about economic entities to interested parties (i.e., managers and external stakeholders such as stockholders and creditors). To gain the most relevant knowledge from these courses, learners should have taken a basic accounting course prior to this Specialization (which can be done through 糖心vlog官网观看 courses, such as any accounting course from the Fundamentals of Accounting Specialization: /specializations/accounting-fundamentals). This Specialization focuses on accounting concepts, principles and theory with an emphasis on problems that arise in applying these concepts for external reporting purposes. Specific emphasis is placed on measurement of assets, liabilities, equities and income, as well as disclosure of additional information that may assist users understand the financial reports. After a brief introduction to the course, we will spend time understanding the overall financial accounting structure and standards as well as review the fundamental accounting process used to prepare the financial statements, which will establish a framework for the study of the concepts in the remaining courses in the Financial Reporting Specialization. In this course, we will begin our review of key information included in the Balance Sheet and Income Statement and their related financial disclosures. The Statement of Cash Flows will be introduced briefly with more discussion to follow in later courses of the Specialization. Also, we will provide a cursory review of key concepts involving time value of money as we will finish this course with focus on revenue recognition, including discussion of the new revenue standard. We will review the general approach for recognizing revenue, special issues affecting revenue recognition including long-term construction contracts. In addition, we will discuss and review common ratios used in profitability analysis. The University of Illinois at Urbana-Champaign, consistently ranked as one of the nation's top three accounting programs, now offers a master鈥檚 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 an MS that is highly recognized. 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 糖心vlog官网观看 courses to demonstrate readiness and strengthen your application for the iMSA. For more information on this exciting iMSA online program, refer to this link: /degrees/imsa...

Top reviews

IP

Sep 6, 2022

All topics covered in this course were explained well and shown how to implement, highly recommended for beginners and individuals who would like to brush up on their accounting knowledge foundations

CS

Apr 19, 2023

Very informative and the Professor has a unique way of providing examples for better understanding of the concepts. Would recommend this course for both professionally and for general knowledge.

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76 - 100 of 143 Reviews for Accounting Analysis I: The Role of Accounting as an Information System

By AMRIL B

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Jan 21, 2021

The course was very well taught and very explanatory. Mr. Davis is a very good lecturer.

By Walid G A A

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Sep 17, 2022

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By Ismail B

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Mar 11, 2022

now i got up to date information about how financially reporting the business

By Judith A

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Sep 11, 2020

The course was a challenge; however, I was very pleased with the results.

By Morteza R

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Apr 17, 2022

this course is very usefull to get a basic understanding of accounting

By Zafar I

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Jul 19, 2023

The instructor's lecture delivery method wasn't satisfactory.

By Nguy峄卬 V T

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Sep 11, 2022

I was really impressed with the course. Good luck teachers.

By Tekla T

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Dec 4, 2021

The best course I have ever had. Gave me a lot of knowledge

By Balaji M

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Apr 9, 2021

Very informative and clearly explained the Accounting terms

By EDGAR R

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Feb 25, 2021

Very good course, good explanation and examples. Thank you!

By guesmia m

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Sep 23, 2023

Thank you for all the lessons and information you provide

By Sofia K

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Apr 27, 2022

this course was very informative and full of knowledge

By Marco A

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Nov 6, 2021

This was a great course. It helps me a lot. Thank you!

By kristian v

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Oct 23, 2020

Ihad learned a lot on this course so friendly learning

By Kate H

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Dec 9, 2020

Good introduction to financial accounting under GAAP

By SYED J U S

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Mar 17, 2021

It was an excellent course i completed it easily

By Sagaaruuu

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Nov 11, 2020

Very useful course, learned a lot of things.

By Samiro A A

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Jan 3, 2025

i wanted my certificated verification

By Alhanouf A B S

鈥�

Feb 14, 2021

Very helpful and enjoyable course!

By Anan H

鈥�

Feb 16, 2021

i need my certificate . thankyou

By Eireen A G

鈥�

Aug 18, 2020

The course is great review tool.

By JUAN S

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Apr 25, 2021

Excellent! Thank you very much.

By Subham P

鈥�

Mar 19, 2021

Excellent course for learning

By RITHEESH V V

鈥�

Jul 13, 2020

Excellent & Looking Forward

By Yaw A

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Aug 13, 2022

Course content is great.