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

3,734 ratings
879 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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526 - 550 of 855 Reviews for Financial Accounting: Foundations

By Daniel L

Oct 10, 2020

Very instructional

By mo-hammed a b

Sep 24, 2020

Outstanding course

By Sonali S

Aug 29, 2020

its is good course

By Moonsu " S

Jun 24, 2020

Thank you so much!

By Muhammed s E K

Jun 3, 2020

Very great course

By Subhi M A

Oct 5, 2018

very useful course

By Nami Y

Sep 16, 2018

Highly recommended

By Joshen V

May 24, 2018

Very nice course!!

By Manuel A M F

Oct 20, 2020

Excellent course.


Sep 21, 2020

it is worth it !!

By Sonam

Sep 18, 2020

Interesting class

By Duptho Z

Jul 16, 2020

it helped me alot


Jun 16, 2020

Good. Interesting

By danial b

May 26, 2020

Excellent teacher


May 9, 2020

Excellent Course


Oct 7, 2019

Fantastic Course!

By Dachelle M R R

Sep 6, 2017

Excellent course!

By Austin S C

Aug 7, 2017

Excellent course!

By Diego M M R

Nov 22, 2020

Excelente curso.


Sep 28, 2020

Very good course

By Deleted A

Sep 8, 2020

very informative

By Dipanjan S

Jul 5, 2020

very good cource


Jun 16, 2020

Very nice course

By Nithya D

May 23, 2020

very good course

By Santosh S

May 16, 2020

excellent course