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

3,857 ratings
902 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 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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601 - 625 of 879 Reviews for Financial Accounting: Foundations

By Deleted A

Nov 7, 2020

Great course

By Taramatie E

Oct 27, 2020

Great course

By Vanshika S

Aug 4, 2020

Very Helpful

By Tarun R

Jun 13, 2020

Great Course

By Norlie D C

May 25, 2020

Great course

By Aarti v

Apr 20, 2020


By Ahmed R F S

Oct 16, 2019

Great Course

By Jishnuraj E

Jul 31, 2018

Super course

By Laurence F I

Apr 4, 2018

great course

By Seif M

Feb 16, 2018

very helpful

By Minas K

Mar 24, 2017


By Somya J

May 25, 2021



May 14, 2021

Good course

By sushant s

Dec 5, 2020

Good course

By Kunal G

Nov 20, 2020


By Orlando C

Oct 11, 2020

I love it!!


Sep 25, 2020

good course

By Sanjay d s

Jul 1, 2020

really nice

By Sourav s s

May 19, 2020

Good course

By Saima k

May 5, 2020


By Alam M S

Apr 21, 2020


By Ali H D

Apr 20, 2020

Good course

By Jenanee M R

Feb 17, 2020

Very useful

By William A W

Oct 30, 2019

Good start!

By Saverio D

Mar 20, 2019

Very clear!