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

4.7
stars
4,594 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 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.

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.

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301 - 325 of 1,030 Reviews for Financial Accounting: Foundations

By Muhammad U

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Feb 11, 2020

Best opportunity for Accounting and Finance Students ...And Realy Thanks Coursera

By Sayed S

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Oct 11, 2019

excellent course. It is especially good course for Short assets of balance sheet.

By Austin L

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May 6, 2020

Doing this for my admission to SMU Masters in Finance, the professor is awesome.

By Sangeeta p

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Mar 9, 2020

I enjoyed learning from this course. Very informative and easily understandable.

By THEETSO L K

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Nov 5, 2020

The learning process was so good as material was made available through out....

By Suman D

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Sep 17, 2018

Great Professor and the way he teaches the concept of accounting is incredible.

By DITANSHU S

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Apr 16, 2021

AMAZING COURSE! Great for people having very basic knowledge about accounting.

By UMESH K

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May 4, 2020

very nice course materials & detailed explanations with examples & case study.

By catherine k

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Nov 3, 2019

i like it very much, it covers the information i wanted to learn and much more

By ruben m s s

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Jan 14, 2019

Muy buen curso. Te permite dar un vistazo completo respecto a la Contabilidad.

By Michael C

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Jul 9, 2018

useful course to introduce the audiences to the world of financial management.

By Shahid G

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Aug 25, 2017

it's an excellent course for the people who doesn't have financial background.

By Lwando T

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Mar 29, 2021

offered a different approach to accounting as I know it under IFRS standards.

By Dejan C

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Sep 8, 2019

Exceptional course, such valuable skills are inevitable business environment!

By Stanley M

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Dec 24, 2018

The course is very relevant to people with little or no accounting background

By 钟晓敏

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May 2, 2018

concise and excellent, do give me a vivid impression to financial accounting.

By 阙涵宇 Q H

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Sep 20, 2016

Very detailed teaching! Really learned a lot of thing about basic accounting.

By Janet A E

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Apr 28, 2024

the course gave me a better understanding of accounting cash flow principles

By Inese V

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Nov 15, 2020

Very well explained and presented the fundamentals of accounting. Thank you!

By Ronit M

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Sep 8, 2020

This was Amazing. Got to learn many things in a structured format. Thank you

By ROY L

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Jul 27, 2020

This course has a consistent structure and cover the topics that I expected.

By Leovita A

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Nov 3, 2019

This is a great start for anyone who wants to learn accounting from scratch.

By ABHIGYAN P

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Jan 14, 2017

Practice quizzes were really helpful.

Overall a good course for the starters.

By RHOSANA A C

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Sep 26, 2022

Thank you for sharing this course. I've learned a lot...see you next time.

By Dawn B

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Nov 8, 2020

Great Program. Materials were sufficient and the presentation was excellent