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

3,031 ratings
723 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 04, 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 07, 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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626 - 650 of 702 Reviews for Financial Accounting: Foundations

By Shilpi S

Jun 02, 2020

LIFO, FIFO and weighted average is not clear.

By Haoming L

Jan 19, 2020

Good. But the lecturer has very heavy accent.

By Rafiq

Jun 24, 2019

Very good course and very good explanation.

By Zainan V Z

Mar 26, 2017

Brief and clear, very easy to understand

By Niangran E M

Sep 14, 2020

Très beau cours ! Complet et précis ..

By Alberto J G S

Nov 19, 2018

Overall very clear and well organized.

By Anurag G

Jul 20, 2020

Beautiful course. Crisp and accurate!

By Sudeep B

Sep 30, 2017

Excellent contents and good lectures.

By abid s

Sep 24, 2020

Excellent course with great content.

By Adarsh V

Jun 29, 2020

Amazing course. Thorough content.


Apr 11, 2020

sir i have not got my certificate


Jan 21, 2018

Good teacher and great content.


Aug 01, 2020

Good Foundation for accounts.

By Clement O

Sep 20, 2018

Very well explained material

By Shankari R

Apr 20, 2020

Its really very interesting

By K P U K

Jun 03, 2020

good course for beginners.

By pawan K

Sep 20, 2019

Great knowledge achieve


Jun 21, 2020

Very nicely explained


Jun 17, 2020

nice accounting class

By Amr M H

Sep 29, 2018

iam looking for a job

By Kia W

Sep 14, 2020

Quick Pace for sure.

By Adarsh R

Sep 20, 2020

very well explained

By Aayushi M j

Aug 16, 2020

An amazing course .

By Ganesan D

Feb 08, 2018

Good for beginners

By Adriana M R M

Apr 05, 2020

It was Excellent