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Back to Understanding Financial Statements: Company Position

Learner Reviews & Feedback for Understanding Financial Statements: Company Position by University of Illinois Urbana-Champaign

4.8
stars
1,372 ratings

About the Course

This course is designed to provide a basic understanding of financial statements with an emphasis on the balance sheet. However, to understand accounting driven financial statements, it is important to recognize that accounting is less about counting and more about measuring. 鈥淲hat is it that is being measured?鈥� Well, as the course unfolds, you will learn about the three measurement questions and how the balance sheet helps to answer the first two of these questions. By touring a real company and interviewing real business people, the course describes the basic content of financial statements in a simple yet relevant context. The goal of the course is to leave a lasting impression about what balance sheet consists of and what it reveals. The next course in the Fundamentals of Accounting Specialization completes the conversation by addressing the remaining measurement question. Upon successful completion of this course, you will be able to: 鈥� Describe the purpose of a balance sheet. 鈥� Define the three components of a balance sheet. 鈥� Recognize and understand the meaning of several items typically presented on a balance sheet. 鈥� Explain the broader purpose of financial statements and the role of accounting in producing the financial statements. 鈥� Read and, to some extent, interpret real-world balance sheets. If you enjoy this business course and are interested in an MBA, consider applying to the iMBA, a flexible, fully-accredited online MBA at an incredibly competitive price offered by the University of Illinois. For more information, please see the Resource page in this course and onlinemba.illinois.edu....

Top reviews

GF

Jan 23, 2017

Great course...the instructor was excellent! Really was clear and understandable, and held my attention despite this subject not being my strong suit. ;-)

CD

Nov 21, 2017

Thanks for the awesome course. I understand more about the balance sheet and the basics of accounting and why it's necessary in the business world.

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226 - 250 of 325 Reviews for Understanding Financial Statements: Company Position

By Giusy D

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Mar 13, 2025

Great course

By Shahien S

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Nov 28, 2020

It was grest

By MUHAMMAD A B S

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Apr 20, 2020

Good course.

By BIKRAMJIT S

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Apr 17, 2020

Well taught!

By Stella A

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Oct 26, 2018

Good course/

By Joseph E M

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May 14, 2018

Great Course

By Audrey L

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May 18, 2016

It was great

By Trang A

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May 22, 2023

Really good

By Carlos J R P

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Aug 10, 2020

Good course

By CRUZ, C L (

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Oct 31, 2020

thank you!

By Haopeng Z

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Jun 29, 2018

excellent!

By Jos茅 A S R

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Apr 26, 2018

Excellent!

By Andrew N

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Jan 14, 2022

educative

By serdar a

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Mar 31, 2021

excellent

By Paloma S d J

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May 19, 2019

Excellent

By Daniel C

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Nov 15, 2017

Excelent.

By TAMER E

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May 27, 2023

Ramazing

By Aiman S

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Aug 12, 2022

good ond

By Zahra A

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Jan 11, 2021

perfect

By Ramona F

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Mar 10, 2022

GREAT!

By prince a

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Mar 31, 2021

5stars

By Abdirahman A A

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Nov 11, 2024

great

By Harshada K

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Feb 16, 2022

great

By AUSALI P C

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Sep 25, 2021

super

By Ph.D. K S

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Aug 31, 2021

great