Chevron Left
Back to Accounting Analysis I: The Role of Accounting as an Information System

Learner Reviews & Feedback for Accounting Analysis I: The Role of Accounting as an Information System by University of Illinois at Urbana-Champaign

4.8
97 ratings
15 reviews

About the Course

This course is the first course in a five-course Financial Reporting Specialization that covers the collection, processing, and communication of accounting information (via financial reports) about economic entities to interested parties (i.e., managers and external stakeholders such as stockholders and creditors). To gain the most relevant knowledge from these courses, learners should have taken a basic accounting course prior to this Specialization (which can be done through Coursera courses, such as any accounting course from the Fundamentals of Accounting Specialization: https://www.coursera.org/specializations/accounting-fundamentals). This Specialization focuses on accounting concepts, principles and theory with an emphasis on problems that arise in applying these concepts for external reporting purposes. Specific emphasis is placed on measurement of assets, liabilities, equities and income, as well as disclosure of additional information that may assist users understand the financial reports. After a brief introduction to the course, we will spend time understanding the overall financial accounting structure and standards as well as review the fundamental accounting process used to prepare the financial statements, which will establish a framework for the study of the concepts in the remaining courses in the Financial Reporting Specialization. In this course, we will begin our review of key information included in the Balance Sheet and Income Statement and their related financial disclosures. The Statement of Cash Flows will be introduced briefly with more discussion to follow in later courses of the Specialization. Also, we will provide a cursory review of key concepts involving time value of money as we will finish this course with focus on revenue recognition, including discussion of the new revenue standard. We will review the general approach for recognizing revenue, special issues affecting revenue recognition including long-term construction contracts. In addition, we will discuss and review common ratios used in profitability analysis. The University of Illinois at Urbana-Champaign, consistently ranked as one of the nation's top three accounting programs, now offers a master’s in accounting at a very affordable tuition rate and is completely online. The iMSA is a full Master of Accountancy program and students graduate with an MS that is highly recognized. Try an open course or two, then apply for admission into the credit-bearing version as you may be eligible to take credit-bearing courses during the application process. If you are missing any prerequisites for the full degree, you can complete Coursera courses to demonstrate readiness and strengthen your application for the iMSA. For more information on this exciting iMSA online program, refer to this link: https://www.coursera.org/degrees/imsa...

Top reviews

YZ

Jan 21, 2018

I really like this course. It is approachable to people who have no accounting knowledge and is very structure.

MR

Sep 28, 2018

Muy buen curso con información importante y ejemplos didácticos.

Filter by:

1 - 15 of 15 Reviews for Accounting Analysis I: The Role of Accounting as an Information System

By Victor M R C

Jul 04, 2019

Very good literature and explanations.

By Carlos S P C

Jun 17, 2019

Excelente curso.

By Brian S

Apr 02, 2019

Well structured course. Clear lectures.

By Mario J R M

Dec 29, 2018

Excelent Course, Excelent Focus of Financial Accounting, Financial Accounting Structure , Congratulations...¡¡¡

By Kaylan W

Oct 03, 2018

Good intro course to accounting. I had done a BBA with a few accounting classes and I found it to be easy so even someone with half the prerequisite knowledge would be able to find their way just fine. The instructor was good too!

By Mauricio R C R

Sep 28, 2018

Muy buen curso con información importante y ejemplos didácticos.

By Addi M

Sep 25, 2018

Very instructif and clear! Looking forward to complete the next one!

By Boshra H B G

Apr 11, 2018

it is very good

By Mobeen A

Feb 13, 2018

Excellent Course. Recommended.

By Raj D C

Feb 13, 2018

A very good course on Accounting over 8 weeks, at a pace that is just right. It covers each of the financial statements that are required, as well as other important topics like ratios, revenue recognition and the time value of money. The highlight of the course is the final submission, where we have to bring together everything we learned, and analyze the 10K Report of a public company of our choosing. You learn a lot in this course, and I am very glad to have taken it.

By Yannan Z

Jan 21, 2018

I really like this course. It is approachable to people who have no accounting knowledge and is very structure.

By Wilhelmina L

Dec 30, 2017

This is a bite size learning course. The case study will really test you on how did you understand the subject.

By Jackson M K

Dec 26, 2017

World class program!

By Sebastian P

Nov 20, 2017

Complete and with very up-to-date Course materials! Great!

By Sylvenous O O

Nov 16, 2017

it was the best experience and i have gained alot