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

4.7
stars
3,600 ratings
853 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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351 - 375 of 829 Reviews for Financial Accounting: Foundations

By Janice A M

May 26, 2020

Thanks! It such a nice experience learning in here.

By Manoj P

Aug 4, 2019

Great course that I took as part of my iMBA program.

By Gerrit K

Aug 12, 2016

This course really offers an accessible introduction

By Sakshi b 2

Mar 8, 2021

It was a great course .got to learn many new things

By Meenakshi S

Sep 26, 2020

The content was brief and the explanation was great

By Pranav 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 k

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 27, 2018

Very good material for spontaneous understanding.

By lisa n

Oct 3, 2018

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practical.

By Arpit G

Jan 2, 2021

good foundational course on financial accounting

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 Wendy N C S

Jan 25, 2021

this course was clear, and useful for my live

By AGNES A D

Dec 15, 2020

Gave a good foundation on financial accounting

By Akshya B

Sep 1, 2020

Got to know a lot about many things thank u 😊