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

3,829 ratings
897 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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476 - 500 of 875 Reviews for Financial Accounting: Foundations

By Akshay R

Jun 28, 2021

Quizzes help lots in learning

By Arnoos A

Jul 31, 2020

I enjoy studying this course.

By Kaman C

Oct 10, 2019

Prof. Urcan does a great job!

By Onu N M

Jul 8, 2020

This course was very helpful

By Samy A

Jun 29, 2020

Thank you! very well taught.

By E.Roja

May 11, 2020

really it is good experience

By Shamon R

Oct 4, 2019

Challenging appreciated this

By Reynaldo C A

Sep 10, 2018

Prof Urcan oaktay is awesome

By Pasupunoori A

Jul 21, 2020

The Course is very helpful.

By Qiansheng L

Feb 15, 2020

Love the lessons very much!

By Mairead C

May 3, 2018

Clearly laid out and taught

By Daniel D

Mar 2, 2018

Great introductory course!!

By Vũ Q T

Jun 10, 2021

this course is really good

By Akram M

May 22, 2021

It was concise and useful.

By Alberto A U C

Sep 28, 2020

Great introductory course!

By Bekzod I

Sep 5, 2020

Very understandable course

By Jeffrey S

Jun 1, 2020

Thank you Professor Urcan!

By Tahmasib H

May 14, 2020

Thanks, Dear Teacher Oktay

By Helton G N B

Mar 31, 2020

Very good to have a basis.

By Saddam H M

Feb 4, 2017

Really it's benefit course

By Lorena P

Nov 3, 2020

Excellent Course!! Thanks

By Zhu L

May 12, 2018

Nice introductory course.

By Elsayed A E E

Mar 20, 2018

Good job and great effort

By Gabriel A

Oct 28, 2016


By Alina D

Nov 26, 2020

Do recommend the course!