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

4.7
stars
4,524 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 7, 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 24, 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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826 - 850 of 1,018 Reviews for Financial Accounting: Foundations

By Kumar S

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Sep 24, 2020

good

By SHIVRAJ S B

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Sep 15, 2020

good

By MOHAMMAD R S

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Sep 2, 2020

good

By K.N.VISHESH

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Aug 28, 2020

Good

By Darshan B M

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Aug 21, 2020

good

By ANKIT N

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Jul 16, 2020

good

By Anup J

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Jun 19, 2020

good

By Chaya B

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Jun 9, 2020

Good

By Vijayalakshmi .

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Jun 4, 2020

Good

By ahmad a

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Apr 24, 2020

good

By METTU N K

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Apr 24, 2020

Good

By Nicat K

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Apr 18, 2020

Good

By Nazrin M

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Apr 16, 2020

good

By PRASHANT G

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Aug 21, 2019

nice

By soumya s

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Jun 9, 2018

BEST

By Pooja J

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May 11, 2021

Gud

By MANNAT J

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Sep 24, 2020

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By Mohammad A

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Apr 24, 2023

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By O K

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Apr 18, 2022

5

By Gabriel A C R

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Sep 14, 2021

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By SHIU F C

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Oct 7, 2019

g

By Natarajan K

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Aug 4, 2019

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By WESTON S

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Oct 17, 2017

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By Duro A

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Dec 11, 2016

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By Cheong J

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Dec 10, 2021

Course modules are well-organized, beginners with zero accounting-related background can easily understand the concepts and reasons behind every step when implementing the accounting principles. However, the learning materials have many spelling errors, especially the modules transcripts. Nevertheless, the course is overall an amazing go-to for all new learners in financial accounting.