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

3,547 ratings
838 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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426 - 450 of 813 Reviews for Financial Accounting: Foundations

By Ilias K S

Jul 2, 2019

Super initial accounting knowledge

By Jorge E M G

Oct 17, 2020

It is great course. Thanks a lot.

By M A

Sep 28, 2020

you need to m provide sylabus

By Divyansh G

Jun 24, 2020

Nicely Explained.Loved the course

By Pilar U

Mar 27, 2019

Great update of finance knoweldge

By Stavros T

Feb 7, 2020

Really to the point information.


Jan 2, 2020

Excelente curso aprendí bastante

By muhammad a

Mar 15, 2019

Excellent and easy to understand

By Dilshod J

Feb 13, 2018

Great service. Amazing platform!

By Joe S

Jun 23, 2017

Very helpful and easy to follow.

By Prof. J L J

Aug 28, 2020

Very nice experience, Thank you

By Saifullah N

Apr 28, 2020

Excellent course for beginners.

By Aman R

Mar 11, 2021

Very good course for beginners

By Muhammed S A

Dec 4, 2020

Professor oktay really helpful


Jul 16, 2020

Excellent & Looking forward!!!

By Jhamka P G

Jun 13, 2020

Very Good Course for Everyone.


May 16, 2020

Study materiel are very useful

By Sachin D

Aug 22, 2019

Ok Good Course for Accountancy

By Eliane G

Oct 9, 2018

Excellent professor and class!

By 张祖悦Momo Z

Sep 2, 2018

The explanation is too simple.

By Lojie M

May 5, 2017

Fantastic course! Well taught.

By Gil P d O

Nov 6, 2016

A very well structured course.

By Arnoos A

Jul 31, 2020

I enjoy studying this course.

By Kaman C

Oct 10, 2019

Prof. Urcan does a great job!

By Onu N M

Jul 8, 2020

This course was very helpful