Back to Financial Accounting: Advanced Topics
University of Illinois Urbana-Champaign

Financial Accounting: Advanced Topics

In this course, you will explore advanced topics in financial accounting. You will start your journey with accounting for assets with more than a 1-year life. You will learn in detail how firms account for fixed assets. You will then move on to the financing of assets and discuss accounting for liabilities. The course will continue with an in-depth exploration of shareholders’ equity. Finally, you will critically evaluate the preparation, components, and analysis of the cash flows statement. Upon successful completion of this course, you will be able to • account for fixed assets, • understand accounting for liabilities, • evaluate shareholders’ equity section of a balance sheet, and • understand preparation and information provided by cash flows statement. 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 onlinemba.illinois.edu.

Status: Balance Sheet
Status: Fixed Asset
IntermediateCourse12 hours

Featured reviews

DD

5.0Reviewed Jul 11, 2020

Great course on financial accounting. Concepts were explained precisely and the appropriate examples and case studies were helpful to work with the actual data. Highly suggested course.

NN

4.0Reviewed Nov 4, 2020

The course was a great one with great experiences but am finding it difficult to verify my ID and get my certificate. Can I be helped, please

CB

5.0Reviewed Jan 22, 2019

Briliant! I went from 0 to 100 in a month - compact, clear and meaningful. Prof Urcan is a great teacher. Do both certificates in fundamentals and advanced.

GS

5.0Reviewed Jan 29, 2017

Great course for someone who has some background in financial accounting. the videos are short and precise and the concepts are explained in an easy to understand manner. Well donel

SR

5.0Reviewed Jul 8, 2020

An excellent, detailed course. Perfect for finance students. Prof. Urcan is very good at explaining the key concepts. I loved it and will recommend it.

AK

5.0Reviewed Mar 1, 2021

The course is good and lecturer do works with details no reseasons not to underndand, I appreciate and I learned many techniques of dealing with accounting problems.

BM

5.0Reviewed Sep 30, 2018

Presented in a manner that is easy to understand. I like that the coursework is presented as a slide first. Then, the lecture goes over the slides.

HJ

5.0Reviewed May 8, 2020

The Professor for this course, Oktay Urcan is an incredible guide and motivator. His course layout and extra assignments help a long way in the understanding the course better.

RA

5.0Reviewed Mar 30, 2023

This the great course of all time, the breakdown of the subject matter into tiny little bits is something that is remarkable and worth celebrating

SR

4.0Reviewed Sep 12, 2020

Difficult but very informative and material is high quality and professor is very helpful but I felt so sessions deserved more time to grasp

AA

5.0Reviewed Mar 7, 2020

Thanks to professor Oktay, though I have no background in accounting, the course was very helpful to understand the accounting principles covering advanced topics and concepts.

MD

5.0Reviewed Sep 25, 2019

Fantastic class, even for those that do not have an accounting background. Incredibly, Prof. Urcan taught multiple advanced topics without ever using the terms 'debit' or 'credit'.

All reviews

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Reviewed Apr 9, 2018