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

4,391 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

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 985 Reviews for Financial Accounting: Foundations

By Ishita B

Mar 8, 2023

It was a great learning experience.

By Maura M

Sep 29, 2020

Very informative and well explained

By Sonika Y M

Aug 15, 2020

this course is very use full for me

By Muhammad A

Jul 3, 2020

very good explanations and material


Jun 3, 2020

Excellent! God bless! All the best!

By Ahadullah K

May 3, 2020

This was a very informative course.

By Deleted A

Mar 10, 2020

very good ideas and sample subjects

By Isabel R H

Jul 13, 2018

Very well structured and explained.

By Mia Y

Mar 30, 2024

Amazing course. Highly recommended

By Freddy M N

Sep 28, 2020

Very interesting, good explained .

By Shahnawaz Z

Jun 11, 2020

One of the best foundation courses

By Mohamed B A A

Apr 23, 2020

excellent course ,very good course

By Mr. K T

Apr 21, 2020

Excellent, Learn accounting deeply

By Mohammad A K

Apr 10, 2020

The instructor did an amazing job.

By Ilias K S

Jul 2, 2019

Super initial accounting knowledge

By Jorge E M G

Oct 17, 2020

It is great course. Thanks a lot.


Sep 28, 2020

you need to m provide sylabus

By Divyansh G

Jun 24, 2020

Nicely Explained.Loved the course

By Pilar U

Mar 27, 2019

Great update of finance knoweldge

By beshoy s

Nov 26, 2022

perfect and easy way explination

By Stavros T

Feb 7, 2020

Really to the point information.


Jan 2, 2020

Excelente curso aprendí bastante

By Arif S

Mar 15, 2019

Excellent and easy to understand

By Dilshod J

Feb 13, 2018

Great service. Amazing platform!

By Joe S

Jun 23, 2017

Very helpful and easy to follow.