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

3,828 ratings
896 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

Top reviews

Sep 3, 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.

Jun 6, 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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401 - 425 of 874 Reviews for Financial Accounting: Foundations


Dec 5, 2020

excellent course and amazing instructor !!!

By Ray S

Sep 8, 2018

Excellent baseline, beginning level course.

By Ahmed M

Sep 20, 2017

It's a very useful course

I highly recommend

By Blessing U

Nov 5, 2016

Interesting course, totally enlightening!!!

By Alfredo A N

Aug 2, 2020

The course is amazing. Totally recommended

By Zulqarnain

Jul 18, 2020

wonderful course for accounting foundation

By Deleted A

Sep 17, 2019

Very good course! I recommend it strongly.

By Cesar P

Feb 22, 2017

muy bien explicado todo el curso, gracias!

By Gabriel G

Nov 11, 2020

Really good. It actually makes you think.


May 22, 2020

I have done evrything send my certificate

By José A S H

May 5, 2020

nice course for start learning financial.

By Egon S

Oct 22, 2019

Good and easy to follow, hands-on course.

By Ahmar S

Sep 14, 2018

Very clearly explained the basic concepts

By Jorge A G O

Aug 17, 2017

I now understand more advance accounting.

By Keith M K

Nov 15, 2016

Great instructor. Good course materials.

By Deleted A

May 17, 2021

Very good course for accounting students


Feb 12, 2021

Amazing course outline! I learned a lot.

By Sanjay P

Oct 10, 2020

Great knowledge and easy way to earn it.

By Joseph I

Sep 26, 2020

Very interesting course, I recommend it,

By Douglas S

May 13, 2020

Very good course, I learned a great deal

By Akorede L

Sep 23, 2020

awesome and it gives one more knowledge


Jul 4, 2020

Useful to get a job in accounting field

By Anirban S

Jun 21, 2020

Informative Course. Really learn a lot.

By Rajeev R J

Apr 7, 2020

Great course for fundamentals learning.

By Yash D

Sep 13, 2019

great course,great explanation of topic