About this Course

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Flexible deadlines
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Intermediate Level
Approx. 25 hours to complete
English
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Intermediate Level
Approx. 25 hours to complete
English

Offered by

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University of Illinois at Urbana-Champaign

Start working towards your Master's degree

This course is part of the 100% online Master of Science in Accountancy (iMSA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

Syllabus - What you will learn from this course

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Week
1

Week 1

2 hours to complete

Course Orientation

2 hours to complete
4 readings
4 readings
Syllabus15m
About the Discussion Forums5m
Updating Your Profile5m
Social Media5m
1 practice exercise
Orientation Quiz30m
2 hours to complete

Module 1: Financial Accounting Structure/Environment

2 hours to complete
7 videos (Total 31 min), 1 reading, 5 quizzes
7 videos
What Is the Key Focus of Financial Accounting?3m
Cash vs Accrual Accounting3m
GAAP vs IFRS and Convergence3m
Accounting Standards and GAAP Assumptions4m
FASB Interview with Brian McKeown14m
Module 1 Wrap-Up57s
1 reading
Module 1 Readings and Resources1h
5 practice exercises
Lesson 1-1 Knowledge Check5m
Lesson 1-2 Knowledge Check5m
Lesson 1-3 Knowledge Check5m
Lesson 1-4 Knowledge Check5m
Module 1 Quiz20m
Week
2

Week 2

2 hours to complete

Module 2: Review of Accounting Process

2 hours to complete
5 videos (Total 19 min), 1 reading, 4 quizzes
5 videos
Using the Accounting Equation During the Processing Cycle3m
Adjusting Entries7m
Financial Statements6m
Module 2 Wrap-Up48s
1 reading
Module 2 Readings and Resources1h
4 practice exercises
Lesson 2-1 Knowledge Check5m
Lesson 2-2 Knowledge Check5m
Lesson 2-3 Knowledge Check5m
Module 2 Quiz20m
Week
3

Week 3

2 hours to complete

Module 3: Balance Sheet & Financial Disclosures

2 hours to complete
7 videos (Total 22 min), 1 reading, 5 quizzes
7 videos
Usefulness, Limitations, and Classifications of the Balance Sheet5m
Financial Disclosures5m
Risk and Ratio Analysis3m
Operating Segments and Other Disclosures2m
Module 3 Wrap-Up1m
Simplified “Personal” Balance Sheet Example3m
1 reading
Module 3 Readings and Resources1h
5 practice exercises
Lesson 3-1 Knowledge Check5m
Lesson 3-2 Knowledge Check5m
Lesson 3-3 Knowledge Check5m
Lesson 3-4 Knowledge Check5m
Module 3 Quiz20m
Week
4

Week 4

2 hours to complete

Module 4: Income Statement and Accounting Changes

2 hours to complete
5 videos (Total 16 min), 1 reading, 4 quizzes
5 videos
Lesson 4-1: Income Statement and Its Key Components4m
Discontinued Operations and Earnings Per Share4m
Accounting Changes4m
Module 4 Wrap-Up1m
1 reading
Module 4 Readings and Resources1h
4 practice exercises
Lesson 4-1 Knowledge Check5m
Lesson 4-2 Knowledge Check5m
Lesson 4-3 Knowledge Check5m
Module 4 Quiz20m

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About the Financial Reporting Specialization

Financial Reporting

Frequently Asked Questions

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