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

4,240 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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551 - 575 of 949 Reviews for Financial Accounting: Foundations

By Meenu S

Oct 13, 2020

Very effective course

By Danielle L

May 19, 2020

Instructor was great!

By Aykhan A

Apr 9, 2020

Excellent experiences

By Dayhanny F R

Feb 19, 2020

Very complete course.

By Mahmoud G E

Jul 21, 2018

the course is so good

By Gauri b

Apr 6, 2021

Very helpfull course

By Sidney M

Apr 4, 2021

Wonderful professor.

By Deleted A

Oct 22, 2020

Thank you my teacher

By Muhammad N

Aug 21, 2020

Excellent Experience

By Joel M

Oct 29, 2019

I enjoyed my lessons

By Prabhat R

Mar 13, 2018

wonderful experience


Nov 15, 2016

Very useful course !

By Abdallah G

Nov 26, 2022

very helpful course

By Anjana P

Jul 16, 2020

its a good course .


Jun 24, 2020

Exceptionally well!


May 21, 2020

Very well explained

By Muhammad K

Apr 13, 2020

Really great course

By Mayank K

Feb 10, 2020

Very beneficial app

By Muhammad U

Sep 27, 2018

Excellent Course...

By Paras

Jan 25, 2022

it is very helpful

By Shibila V

May 19, 2021

Very useful course

By Jabnati R

Nov 25, 2020

excellent course..

By Edison B d A

Oct 30, 2020

Excellent course !

By Daniel L

Oct 10, 2020

Very instructional

By mo-hammed a b

Sep 24, 2020

Outstanding course