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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

606 ratings

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: 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:

Top reviews


Sep 25, 2022

I got the special factor from this course.Because I learnt the international report and reviewed all of the international students report.It is a big experience to grow up with my professional career.


Sep 5, 2022

All topics covered in this course were explained well and shown how to implement, highly recommended for beginners and individuals who would like to brush up on their accounting knowledge foundations

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101 - 125 of 131 Reviews for Accounting Analysis I: The Role of Accounting as an Information System

By Fransisca S R

Apr 19, 2021

great class!!

By Michael E H

Dec 19, 2020

Great course!

By Shaiane P K

Sep 13, 2020

Great course.

By Stephanie C

Jul 7, 2022

Very useful.

By Beni E P

May 8, 2021

Great course

By Josué L

Mar 2, 2022


By khurram s

Dec 18, 2021



Mar 8, 2021


By Nilgun A

Oct 20, 2021


By Manoj G

Jul 13, 2021



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By maruf w

Dec 1, 2020


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Oct 2, 2020


By Komala R

Aug 3, 2020


By Tiberius O

Jan 28, 2021


By Махмуд А

May 12, 2022


By Jhon A L A

Sep 17, 2020


By Eliana W

Oct 21, 2021

I do wish that there were more example problems in the videos. So that when I get to the knowledge check, the instructor has already walked through how to calculate the answer.

By Robert W

Apr 11, 2021

The instructor does a nice job of providing an overview of the materials.

By Abdur R

Mar 26, 2022

Very recommended for those who want to know basic accounting analysis

By guesmia m

Jan 5, 2022

Thank you for all the lessons and information you provide

By Dharni K

Jul 3, 2021

This course helped me to recall all the basics of finance


Dec 17, 2020

good course got some good accounting insights