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Back to Financial Accounting: Foundations

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

4.7
stars
4,538 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: 鈥� Understand the main financial statements and the financial information 鈥� Write a financial transaction in financial accounting language and understand how this impacts the main financial statements 鈥� Understand how accrual accounting and fundamental accounting concepts work 鈥� Understand revenue recognition principles and how they impact the main financial statements 鈥� 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

YP

Jun 7, 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.

AB

Sep 24, 2017

LOVED THE COURSE. THANKS TO COURSERA SO THAT THEY GRANT ME SCHOLARSHIP. WITHOUT THIS IT WOULD NOT POSSIBLE FOR ME TO PERUSE THESE GLOBAL LEVEL COURSES AS I CANT AFFORD THIS. THANK YOU PROFESSOR.

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926 - 950 of 1,021 Reviews for Financial Accounting: Foundations

By Shilpi S

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Jun 2, 2020

LIFO, FIFO and weighted average is not clear.

By Haoming L

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Jan 19, 2020

Good. But the lecturer has very heavy accent.

By NISHANTH S

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Feb 11, 2021

A Very good course for financial accounting

By Rafiq A

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Jun 24, 2019

Very good course and very good explanation.

By Sara L G S

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Oct 25, 2024

Exelente 馃憤 Muchas gracias por el curso.

By Zainan V Z

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Mar 26, 2017

Brief and clear, very easy to understand

By Niangran E M

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Sep 14, 2020

Tr猫s beau cours ! Complet et pr茅cis ..

By Alberto S

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Nov 19, 2018

Overall very clear and well organized.

By Anurag G

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Jul 20, 2020

Beautiful course. Crisp and accurate!

By Sudeep B

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Sep 30, 2017

Excellent contents and good lectures.

By Abid S

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Sep 24, 2020

Excellent course with great content.

By Adarsh V

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Jun 29, 2020

Amazing course. Thorough content.

By SAFAL S

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Apr 12, 2020

sir i have not got my certificate

By Pradyumna B

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Jul 22, 2021

Goof introduction to accounting.

By ARTURO R G R

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Jan 22, 2018

Good teacher and great content.

By AMITH K R A

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Aug 1, 2020

Good Foundation for accounts.

By Clement O

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Sep 20, 2018

Very well explained material

By Shankari R

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Apr 20, 2020

Its really very interesting

By udayy k

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Jun 3, 2020

good course for beginners.

By Arockia R I A

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Jan 27, 2022

GOOD TO LEARN FUNDAMENTAL

By Akul D

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Apr 27, 2021

Great Learing Experience.

By pawan k

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Sep 20, 2019

Great knowledge achieve

By ACHARYA L R

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Jun 22, 2020

Very nicely explained

By KENAZ K J

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Jun 17, 2020

nice accounting class

By Amr M H M H

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Sep 29, 2018

iam looking for a job