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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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401 - 425 of 995 Reviews for Financial Accounting: Foundations

By Meenakshi S

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Sep 26, 2020

The content was brief and the explanation was great

By Pranav S C

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May 29, 2020

The cases are a great value-addition to the course!

By Sanjana C

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Apr 1, 2020

It was very detailed and helpful. Thank you so much

By Diego P

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Nov 3, 2017

Very interesting for starting in finance accounting

By Luis R y V

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Nov 19, 2016

Nice course. Very well organized and easy to follow

By Gaurav k

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Jul 26, 2020

A must-do course for all the beginners in finance.

By Alfredo R

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May 31, 2020

Really useful and well taught training. Thanks :-)

By Deleted A

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May 12, 2023

it's been very challenging but we pulled through.

By John W

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Mar 4, 2023

Thank you so much for the great course Professor!

By Saiprakash R

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Jun 30, 2020

Solid foundation and lovely videos from the Prof.

By Christopher G

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Feb 6, 2020

Excellent teacher explaining a difficult subject.

By Namrata J

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Dec 27, 2018

Very good material for spontaneous understanding.

By lisa n

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Oct 3, 2018

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practical.

By Arpit G

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Jan 2, 2021

good foundational course on financial accounting

By Yashwant j

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May 17, 2020

THANK YOU FOR GIVING ME THIS FINANCIAL KNOWLEDGE

By abrahamlc1

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Apr 9, 2020

Great explanation, quizes and material resources

By Mantas S

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Aug 21, 2020

Very good course for Introduction to Accounting

By Rufus P T

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Jul 23, 2020

Thanks for helping me improve my desired career

By Oluwadamilare O

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Jul 9, 2020

The modules are very interesting and educative.

By ANYUNYA B

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Dec 27, 2016

Awesome explanation! adequate knowledge gained.

By Wendy N C S

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Jan 25, 2021

this course was clear, and useful for my live

By AGNES A D

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Dec 15, 2020

Gave a good foundation on financial accounting

By Akshya B

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Sep 1, 2020

Got to know a lot about many things thank u 😊

By abhishek j

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Apr 10, 2020

This is excellent course it enhanced my skills

By MAXIMILIANO R U C

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Dec 23, 2019

quedo agradecido con el curso correspondiente.