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

4.7
stars
2,516 ratings
605 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 onlinemba.illinois.edu....

Top reviews

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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.

YP

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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226 - 250 of 593 Reviews for Financial Accounting: Foundations

By Nitish M

Dec 20, 2019

Amazing to understand the fundamentals in financial management

By V. A

Jul 15, 2020

Good. But I did cannot get my certificate.. Please help me..

By Naresh G

Feb 09, 2020

Excellent course for learning the fundamentals of accounting.

By Suo W

Aug 31, 2018

Very practical and solid foundation for financial accounting.

By Zahir H

Apr 21, 2020

This course taught me lots of basic concepts of Accounting.

By Shukla S J

Jan 18, 2020

It's very helpful for me to understand Financial Accounting

By Chris B

Dec 03, 2016

Love it cant wait to complete more in these specializations

By Mamtha.R

Jun 22, 2020

practice quizzes are a great way to improve your knowledge

By 18U218 H M V B

Jun 22, 2020

best finance course for a beginner and engineering student

By Ahmed K H S

May 30, 2020

It was a great course, and I`m looking forward to continue

By Bogdan B

Sep 04, 2018

Exceptional course with such clarity during presentations!

By Venkatesh S

Jul 19, 2018

I loved the course and it gives a very realistic knowledge

By Dr G V K K

Jun 02, 2020

Very good coverage - 100% in financial accounting subject

By Jennifer N

Sep 06, 2018

Professor is wonderful at explaining foundation concepts.

By Colin H

Mar 13, 2017

Great entry level course for general accounting concepts.

By CARLA P

Feb 05, 2019

Very nice opportunity to enhance our skills! Thank you!

By Maximus M A

Jan 29, 2018

Great course. a lot explanation and learning material.

By RAGINI S

Jun 18, 2020

nice to learn accounting concepts in realistic manner

By David W

May 05, 2020

Professional production and very effective materials.

By Jesus A M S

Mar 14, 2020

muy bueno muchas herramientas que te ayudan a mejorar

By Romain S

Jun 10, 2019

Excellent to learn about the UK-US accounting Methods

By Cornelia B

Jun 13, 2018

Excellent. Really got me thinking. Thanks Prof Urcan.

By ENEBELI B E

Jul 30, 2020

It has opened my eyes to a lot of things. Thank you.

By Liliana V

Jul 24, 2020

i really like it! the way it was explain, and showed

By Janice A M

May 26, 2020

Thanks! It such a nice experience learning in here.