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

4,383 ratings

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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526 - 550 of 985 Reviews for Financial Accounting: Foundations


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 A

Feb 4, 2017

Really it's benefit course

By Yustivan R

Dec 2, 2022

the syllabus is coherent.


Oct 22, 2021

It was a great experience

By Lorena P

Nov 3, 2020

Excellent Course!! Thanks

By Li Z

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!


Sep 14, 2020

Excellent Course Helpful


Aug 25, 2020

Best app for certificate

By doanh ( n

Nov 26, 2018

Good and valuable course

By Vivek B

Sep 16, 2018

Great Course, thank you!

By Deleted A

Feb 7, 2017

Really .. it's very good

By Charlotta R ( b l

Aug 25, 2016

great foundation course!

By Kamui A

Aug 23, 2022

Intresting and usefull