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

4.7
stars
2,351 ratings
564 reviews

About the Course

In this course, you will learn 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 receivables and inventories. Upon successful completion of this course, you will be able to: • Understand main financial statements and the financial information they provide • Write a financial transaction in financial accounting language and understand how this impacts main financial statements • Understand how accrual accounting and fundamental accounting concepts work • Understand revenue recognition principles and how they impact main financial statements • Account for accounts receivables 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 onlinemba.illinois.edu....

Top reviews

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Sep 04, 2017

Though I have been through Intro Accounting some 3 or 4 times through different classes and seminars, I still found myself learning from this detailed and straight forward presentation of information.

YP

Jun 07, 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.

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176 - 200 of 554 Reviews for Financial Accounting: Foundations

By UMESH K

May 05, 2020

very nice course materials & detailed explanations with examples & case study.

By catherine k

Nov 03, 2019

i like it very much, it covers the information i wanted to learn and much more

By Ruben M S S

Jan 15, 2019

Muy buen curso. Te permite dar un vistazo completo respecto a la Contabilidad.

By Michael C

Jul 09, 2018

useful course to introduce the audiences to the world of financial management.

By Shahid G

Aug 26, 2017

it's an excellent course for the people who doesn't have financial background.

By Dejan C

Sep 08, 2019

Exceptional course, such valuable skills are inevitable business environment!

By Stanley M O

Dec 24, 2018

The course is very relevant to people with little or no accounting background

By 钟晓敏

May 02, 2018

concise and excellent, do give me a vivid impression to financial accounting.

By 阙涵宇 Q H

Sep 21, 2016

Very detailed teaching! Really learned a lot of thing about basic accounting.

By Leovita A

Nov 03, 2019

This is a great start for anyone who wants to learn accounting from scratch.

By ABHIGYAN P

Jan 14, 2017

Practice quizzes were really helpful.

Overall a good course for the starters.

By bassem s h

Nov 05, 2017

was unexpected and awsome i liked it and i found alot of useful information

By Lawoko J

Nov 06, 2018

Very educative relevant for persons engaged in the commercial world today.

By Dr. S S H

May 30, 2020

Joining this course give me an immense knowledge of Financial Accounting.

By ANIKET W

Jul 08, 2020

The course is very good but the only issue is that the lecturer's accent

By Aashish B

May 30, 2020

incredible course, I am not a stranger to accounting statements anymore!

By John P C

Dec 24, 2019

Consise and clear. I wish the LIFO calculation was more clearer though.

By JANARDANA R N R

Jun 11, 2020

Very usefull in my present studies Thanks to Illinois & alliance team.

By Aparna S

Jun 02, 2020

The course give clear description of different elements of accounting.

By Connor K

Sep 22, 2019

good course, not an exciting topic, but the professor does a good job

By Erin O

Oct 20, 2017

Great class as an introduction to financial statements! Very helpful

By Cristina Y

Aug 29, 2018

Very useful, have much better understanding of basic accounting now!

By Dr S G R R

Jun 18, 2020

Very good course for those who wants to learn basics of accounting.

By Rajendra P

Oct 20, 2016

I feel better after having to lean all the concepts in this course.

By Hari V S

May 04, 2020

Great Course to start and excellent teaching with real time data.