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

4.7
stars
3,207 ratings
756 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

AD
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.

YP
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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301 - 325 of 732 Reviews for Financial Accounting: Foundations

By Pranav S C

May 29, 2020

The cases are a great value-addition to the course!

By Sanjana C

Apr 1, 2020

It was very detailed and helpful. Thank you so much

By Diego P

Nov 3, 2017

Very interesting for starting in finance accounting

By Luis E R y V C

Nov 19, 2016

Nice course. Very well organized and easy to follow

By Gaurav

Jul 26, 2020

A must-do course for all the beginners in finance.

By Alfredo R

May 31, 2020

Really useful and well taught training. Thanks :-)

By Saiprakash R

Jun 30, 2020

Solid foundation and lovely videos from the Prof.

By Christopher G

Feb 6, 2020

Excellent teacher explaining a difficult subject.

By Namrata J

Dec 26, 2018

Very good material for spontaneous understanding.

By lisa n

Oct 2, 2018

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practical.

By Yashwant j

May 17, 2020

THANK YOU FOR GIVING ME THIS FINANCIAL KNOWLEDGE

By Abraham L C

Apr 9, 2020

Great explanation, quizes and material resources

By Mantas S

Aug 21, 2020

Very good course for Introduction to Accounting

By Rufus P T

Jul 23, 2020

Thanks for helping me improve my desired career

By Ositade O O

Jul 9, 2020

The modules are very interesting and educative.

By Anyunya B S

Dec 27, 2016

Awesome explanation! adequate knowledge gained.

By Akshya B

Sep 1, 2020

Got to know a lot about many things thank u 😊

By abhishek j

Apr 10, 2020

This is excellent course it enhanced my skills

By MAXIMILIANO R U C

Dec 23, 2019

quedo agradecido con el curso correspondiente.

By FILIPPO P

Dec 18, 2019

Very clear explanation with a lot of examples.

By Nemish C

Jul 14, 2020

it enhanced my skills in financial accounting

By Mikova E S

Oct 22, 2020

Very interesting and useful course! Thanks!

By Valens N

Jul 27, 2020

This course was full equipped with materials

By Richard G

Jun 18, 2020

Excellent course in accounting fundamentals.

By Vidit s

Sep 24, 2018

Great course! very detailed and well taught!