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

4.7
stars
4,405 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 onlinemba.illinois.edu....

Top reviews

B

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Thank you very much for the University of Illinois and Prof. Oktay. The best explanation ever! Interesting cases and problems! This course helped me to create a strong foundation in accounting.

YP

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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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926 - 950 of 987 Reviews for Financial Accounting: Foundations

By Ahmed H A

•

Aug 4, 2020

very useful

By Nsr

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Nov 19, 2016

good course

By Ashif R I

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Jun 7, 2020

more learn

By Deleted A

•

Jun 4, 2020

its good

By Divesh P

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Nov 13, 2021

Awesome

By Veeshavan N K

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Mar 23, 2024

Good

By GANNE R P

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Jun 15, 2023

good

By AMPALLI P

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May 30, 2023

good

By D V B S

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Apr 22, 2023

good

By fredy a

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Dec 31, 2022

good

By ahmed m k

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Dec 4, 2022

good

By Ahmed G

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Nov 18, 2021

good

By Amr E R

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May 31, 2021

good

By แชมป์ น

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Jan 3, 2021

Good

By Eshan P

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Sep 22, 2020

good

By Anjali G

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Aug 10, 2020

good

By ALTHAF N N

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May 16, 2020

Good

By YOSELIN T E S

•

Dec 16, 2019

like

By Michael O

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Jun 20, 2019

good

By rahul s

•

Jul 30, 2017

good

By Reyhaneh H

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May 30, 2017

well

By mayank j s

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Sep 29, 2020

no

By Romain V

•

Aug 7, 2016

G

By Aisling F

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Oct 9, 2020

I found that this course definitely did cover a lot of information and I like that the exercises came from real-life examples, however, I found that the lecturer went at a very fast pace despite this being a foundational course. In particular, this was my experience during week 3 and 4. I know that the beauty of online learning is the ability to pause and rewind the lectures but I think even with that some of the material was a little fast-paced.

By Sina G

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Mar 22, 2021

Overall a good course but I think it is quite overloaded with information that is not necessairly practical for MBA students . Also a lot of the naunces would not stick after the course is over with. Perhaps, this would have been a good class for accounting majors. Most videos are merely reading through the slides with not much added insghts or examples. Wish this course was less crammed and more insightful.