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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
4,596 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

B

Aug 5, 2020

Thank you very much for the University of Illinois and Prof. Oktay. The best explanation ever! Interesting cases and problems! This course helped me to create a strong foundation in accounting.

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.

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526 - 550 of 1,031 Reviews for Financial Accounting: Foundations

By Aman R

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Mar 11, 2021

Very good course for beginners

By Muhammed S A

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Dec 4, 2020

Professor oktay really helpful

By RITHEESH V V

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Jul 16, 2020

Excellent & Looking forward!!!

By Jhamka P G

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Jun 13, 2020

Very Good Course for Everyone.

By ARUN S

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May 16, 2020

Study materiel are very useful

By Sachin D

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Aug 22, 2019

Ok Good Course for Accountancy

By 张祖悦Momo Z

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Sep 3, 2018

The explanation is too simple.

By Lojie M

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May 6, 2017

Fantastic course! Well taught.

By Gil P d O

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Nov 6, 2016

A very well structured course.

By Yaw b k

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Oct 30, 2023

i love studying with you guys

By Eyleen A C P

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Nov 17, 2021

Incredible course! I love it!

By Akshay R

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Jun 29, 2021

Quizzes help lots in learning

By arnoos a

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Aug 1, 2020

I enjoy studying this course.

By Kaman C

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Oct 11, 2019

Prof. Urcan does a great job!

By Onu N M

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Jul 8, 2020

This course was very helpful

By Samy A

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Jun 30, 2020

Thank you! very well taught.

By E.Roja

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May 11, 2020

really it is good experience

By SJ R

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Oct 5, 2019

Challenging appreciated this

By Reynaldo C A

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Sep 10, 2018

Prof Urcan oaktay is awesome

By Mostafa A

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Jul 18, 2024

I MY HONOR TAKE THIS COURSE

By Pasupunoori A

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Jul 21, 2020

The Course is very helpful.

By QIANSHENG L

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Feb 15, 2020

Love the lessons very much!

By Mairead C

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May 4, 2018

Clearly laid out and taught

By Daniel D

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Mar 3, 2018

Great introductory course!!