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

4.7
stars
4,420 ratings

About the Course

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

Top reviews

B

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Thank you very much for the University of Illinois and Prof. Oktay. The best explanation ever! Interesting cases and problems! This course helped me to create a strong foundation in accounting.

MF

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Thank you so much for providing this comprehensive course. Topics and examples provided are very extensive and challenging; these motivated me to study the concepts further.

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226 - 250 of 995 Reviews for Financial Accounting: Foundations

By Andrew C

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Dec 13, 2016

Excellent class! Professor Urcan portrays brilliance in teaching accounting! Would highly recommend.

By Jeane

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Jul 21, 2020

I really appreciate the PowerPoint slides. The explanations on the practice quizzes are also helpful!

By Emmanuel O

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Sep 18, 2019

Revolutionary way to learn. I desire to keep learning. I need to work on my time discipline in future

By Yurii L

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Aug 4, 2019

It's one of the best courses that I have done. Course gives me deep knowledge and increase my skills!

By Allen S

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Mar 4, 2018

Tough concept but the professor was informative and provided plenty of examples, real-world examples.

By Linda R

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Mar 24, 2021

The course was easy to follow and being able to pace my studies with my other life responsibilities.

By A.Sarveswara R

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Apr 23, 2020

Financial Accounting: Foundations. this course is very informative & really it's worth full to take.

By Xiaowen Z

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Nov 5, 2019

This is a very good course for those who do not have accounting-related knowledge. Highly recommend.

By Hamza A

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Jun 4, 2020

An excellent opportunity for all students of any field to learn the basics of financial accounting.

By Oxana B (

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Feb 7, 2020

Interesting course, the theory is followed by many practical examples, based on real organizations.

By Jeff H

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Mar 5, 2018

Great course to help understand financial accounting. Professor strutted well to understand easily.

By Deleted A

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Dec 21, 2021

I like this course and I have learned accounting knowledge from this course which useful my future

By Eleftherios V

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Dec 27, 2020

Mr. Oktay Urcan used so simple language that learning was exciting and detailed at the same time!!

By Adrian S

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Dec 2, 2019

Very good course. Very clear explanation, good materials. It was great introduction to accounting.

By Sizwe N

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Jul 15, 2018

I enjoyed the course. It was a helpful refersher after not having studied accounting for 16 years.

By Sama N

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Apr 20, 2022

The course was very helpful and informative, the quizzes covered everything in the lesson videos.

By MARCHETTY P S

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Jun 15, 2020

I felt really good learning , the concepts are precise and very well presented. Thank you so much

By GLENN H

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Jun 5, 2018

ery good material. The instructor's accent was difficult to understand, but I worked through it.

By Boopathiraj S

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Jun 5, 2021

This course covers basics for non financial people and helps to understand financial statement.

By Deleted A

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Apr 22, 2021

its okay but its takes too long time for id verification please try to change those mad options

By Mohammad H K

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Mar 15, 2021

The best course. I gained incredible deep knowledge about the core concepts. Thank you Illinois

By Keith K D

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Sep 4, 2019

Good basic course for non financial people, you learn the basic on reading financial statements

By Dola C S

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Oct 8, 2016

This is really a great course. I have learnt a lot about the fundamentals of Accounting.

Thanks.

By Joshua D

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Feb 1, 2021

I ENJOYED THE COURSE AND I LEARNED ALOT FROM IT .

THEANK YOU FOR THIS GREAT LERANING EXPERANCE

By Porush g

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Sep 2, 2020

I learned some very important point in the financial accounting and financial analysis as well