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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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713 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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126 - 148 of 148 Reviews for Accounting Analysis I: The Role of Accounting as an Information System

By Afraa A

鈥�

Mar 4, 2023

GOOD

By Rafa M

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Aug 25, 2021

bien

By maruf w

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Dec 1, 2020

Good

By Mofaggol H

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Oct 3, 2020

Nice

By Komala R

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Aug 3, 2020

Nil

By Tiberius O

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Jan 28, 2021

00

By 袦邪褏屑褍写 袗

鈥�

May 13, 2022

O

By Jhon A L A

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Sep 18, 2020

.

By Eliana W

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Oct 22, 2021

I do wish that there were more example problems in the videos. So that when I get to the knowledge check, the instructor has already walked through how to calculate the answer.

By LI L

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Aug 31, 2025

please provide more answer analysis, it is hard to understand without them!

By Robert W

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Apr 11, 2021

The instructor does a nice job of providing an overview of the materials.

By Abdur R

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Mar 27, 2022

Very recommended for those who want to know basic accounting analysis

By Dharni K

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Jul 4, 2021

This course helped me to recall all the basics of finance

By ADITYA K

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Dec 18, 2020

good course got some good accounting insights

By Ananthakrishnan S

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Aug 29, 2021

Execellant and simple to understand

By Ivens J

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Jun 19, 2022

The course is very instructive

By Asad U

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May 17, 2021

This Course is Helpful.

By Mohsen N

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Aug 9, 2022

it is very good

By Amin A

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Dec 10, 2023

噩賷丿

By Muhammad H

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Aug 29, 2023

It is very crucial course for specially finance student but I indicate a problem in that which i hope that it will improve in the future. 1. It gives more theoraticalyy and less practicle work. 2. They don't engage student with themself which resuslt student forgot what they lean . Although it is good and i learn alot from this

By Rhea A P

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Mar 28, 2021

Teaching too fast

By HONGJUN L

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Aug 19, 2024

so so so many content mistakes, a lot of incorrect knowledge.

By Eldar G

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May 16, 2025

i didnt get any certificate