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

4.7
stars
4,636 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

HB

May 19, 2020

Thanks again Coursera for this course. I have learned a lot. Thanks to the Professor. But can you send me a Certificate of Completion as proof that I am done with this course. Thank you.

B

Aug 4, 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.

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1026 - 1040 of 1,040 Reviews for Financial Accounting: Foundations

By VINODH K

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Sep 19, 2016

language accent difficult to fallow

By Kamya A

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Aug 3, 2020

Confusing at some places

By NITHYASHREE V S

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Jul 18, 2020

GOOD KNOWLEDGE

By RAHUL J

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Oct 12, 2020

GOOD

By Sadam H

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May 10, 2020

hi

By Ntemis P

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Feb 14, 2021

I did't enjoy this course, although I did well in passing it. The professor needs to improve his English skills in pronunciation and the use of the articles. On top of that, he speaks too quickly. Sometimes the texts under the video loses its correspondence. Overall this course is offered in way that it makes it difficult to grasp easy ideas.

By Florin M

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Feb 10, 2019

Not too much value for money (at 38 pounds per month), given the very basic level of the learning material / courses the specialisation has on offer (even though it's being advertised as an intermediate level one).

By carrie

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May 17, 2017

The content is pretty good. However, it is really difficult to understand the instructor because of his accent. I need to review the transcript all the time.

By EKene O

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Feb 4, 2018

The question should be more calculation based and little bit more interactive. Students should be aided to dig dipper.

By Sanjai S

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Feb 14, 2023

Not at all engaging because of numerous typographical errors in the supplementary course reading!

By Ariel A M G

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Apr 19, 2020

in my opinion this is not financial accounting, it is just basics or fundamental of accounting

By Kerollos S

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Dec 4, 2022

insufficient course

By Andrei B

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Oct 7, 2016

boring assignments

By MOHAMMAD R S

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Sep 29, 2020

Good

By AAYUSH V

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Feb 10, 2026

I completed this course but didn't receive certificate