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

4.7
stars
4,527 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

YP

Jun 6, 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 23, 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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226 - 250 of 1,018 Reviews for Financial Accounting: Foundations

By Guy B

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Sep 19, 2019

the topics are being transferred in a good way, and it's easy to learn. the lecturer is really professional.

By Ganon T

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Jul 8, 2020

ce cours nous apporte plusieur connaissance en comptabilité et s'est aussi la base de la gestion financiere

By Ravan B R

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Apr 30, 2020

Hello. I am Ravan. Everything was very good. Only excellent words can be said about the course. Thank you.

By mukesh s

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Mar 6, 2020

course is really very good. I am enjoying learning from best of the professor. such a incredible platform.

By Luis G

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Apr 18, 2021

El curso ha sido excelente y muy útil para continuar avanzando en mi carrera. Muchas gracias al profesor!

By �SHREYA B R

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Mar 22, 2022

I learned more about financial accounting.It was very helpful for me . I was satisfied about this course

By Momin I

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Feb 25, 2025

Thankyou for empowering me with essential information and helping me uplift my portfolio and knowledge.

By Joshua V

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Jul 9, 2018

Great course for someone with an engineering background that needed a ground up overview of this topic.

By Fokou g O

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Jan 26, 2022

It has given me the clear overview of financial accounting and I already excited about the next step.

By Dhenden A P

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Oct 24, 2020

I enjoyed this course since accounting background is very important when applying for finance position

By Itabayeva S

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Aug 1, 2020

The course is really useful.

I liked that there is so much cases and exercises in the course.

Thank you

By Andrew C

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Dec 13, 2016

Excellent class! Professor Urcan portrays brilliance in teaching accounting! Would highly recommend.

By Jeane

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Jul 21, 2020

I really appreciate the PowerPoint slides. The explanations on the practice quizzes are also helpful!

By Emmanuel O

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Sep 18, 2019

Revolutionary way to learn. I desire to keep learning. I need to work on my time discipline in future

By Yurii L

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Aug 4, 2019

It's one of the best courses that I have done. Course gives me deep knowledge and increase my skills!

By Allen S

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Mar 4, 2018

Tough concept but the professor was informative and provided plenty of examples, real-world examples.

By Linda R

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Mar 24, 2021

The course was easy to follow and being able to pace my studies with my other life responsibilities.

By A.Sarveswara R

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Apr 23, 2020

Financial Accounting: Foundations. this course is very informative & really it's worth full to take.

By Xiaowen Z

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Nov 5, 2019

This is a very good course for those who do not have accounting-related knowledge. Highly recommend.

By Hamza A

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Jun 4, 2020

An excellent opportunity for all students of any field to learn the basics of financial accounting.

By Oxana B (

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Feb 7, 2020

Interesting course, the theory is followed by many practical examples, based on real organizations.

By Jeff H

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Mar 5, 2018

Great course to help understand financial accounting. Professor strutted well to understand easily.

By Deleted A

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Dec 21, 2021

I like this course and I have learned accounting knowledge from this course which useful my future

By Eleftherios V

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Dec 27, 2020

Mr. Oktay Urcan used so simple language that learning was exciting and detailed at the same time!!

By Adrian S

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Dec 2, 2019

Very good course. Very clear explanation, good materials. It was great introduction to accounting.