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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

413 ratings
85 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: 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 14, 2020

The pace of the course was easy to follow and the overall content was very well explained. The questions were challenging and made the learning experience fulfilling.

Mar 25, 2021

The Course is very good but need to push in the book material also the las module need a more explanation for the LONG TERM CONTRACTS

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26 - 50 of 85 Reviews for Accounting Analysis I: The Role of Accounting as an Information System

By Abhipsa B

May 19, 2020

good learning experience

By Jackson M K

Dec 26, 2017

World class program!

By Vivian X

Jul 4, 2020

I like this course!

By Boshra H B G

Apr 11, 2018

it is very good

By Abu T

May 19, 2020

Good course

By Mari C A L

Feb 27, 2020


By Ali S

Mar 31, 2020

good one

By E.Roja

May 26, 2020


By Izzat G

May 18, 2020


By Basem M B

Jun 17, 2020

It is very helpful


May 16, 2020

very nice course

By Deleted A

Jun 13, 2020

Excellent course

By Carlos S P C

Jun 17, 2019

Excelente curso.


Nov 22, 2020

Thank you

By Rashad M

Mar 15, 2020


By Hamdy Z G B

Nov 4, 2019


By Marcel M E

Apr 19, 2020

Overall great. One issue was that the meaning of shortcuts where not on the slides and therefore searching in the videos was necessary. Another way for inprovement would be a reference on each slide or beginning of a slidedeck regarding a topic where to find this in the topic in the additional literature/book provided.

By Kaylan W

Oct 3, 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 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.


May 18, 2020

Course materials are fantastic

By Atul K P

May 9, 2020


By Amrita S

Oct 16, 2020

The course is really fruitful. It provided me the information of financial system in the USA. Various topics such as, GAAP, revenue recognition, ration analysis, etc. helped me to refresh my mind and review with the subject I have learned before during my college days. The presentation style and lecture of the lecturer was simple and easy to understand.

By Haoqian W

Apr 19, 2021

What a nice course! As an U of I alum, I took this course to reconsolidate my foundation in accounting before going studying for a MSc Accy degree. Prof. Greg's teaching not only did a great job at that, but also makes me likes accounting even more! Thank you for this wonderful course

By Muhammad A U B

Jul 12, 2020

As a 'potential' professional accountant, I think I require these type of courses as many as possible. It was a great learning experience throughout this course. Thank you, the team behind this Course, my learning partners and Coursera!

By Md. A U B

Jul 12, 2020

As a 'veteran' accounting and finance professional, I believe I require these types of courses as much as possible. It was a nice learning experience throughout this course. Thank you, the team behind this Course and Coursera!