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

4.7
stars
2,849 ratings
672 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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576 - 600 of 659 Reviews for Financial Accounting: Foundations

By Alan C

Dec 04, 2017

Short assets could have been broken up into two weeks ,lifo and fifo were hard

By Tshala B M

May 06, 2020

very clear and good explanations of basic accounting methods and concepts

By shreya k

Aug 10, 2020

I have learnt a lot about financial accounting and thanks to this course

By Mohamed J

Sep 26, 2017

nice and easy to follow , 4 stars just for the instructor's hard accent

By Jeet K S

Aug 11, 2019

Good Explanation of concepts with effective and descriptive examples.

By Ibrahim H

Oct 03, 2017

The instructor's accent wasn't easy to understand in some few points.

By Alaa E A H A

Jun 04, 2017

I prefer If the double entry system used to list the transactions

By DANISH A

Sep 23, 2016

This is amazing course to clear your basic concept... Like it

By abdulah k

Oct 05, 2018

I am a cma candidate iam a self-taught the matrial were super

By Ilham Q

Apr 08, 2020

lecturer could explain in detail ,because this is foundation

By Pravan O

Mar 23, 2020

Very well taught; concise, clear and understandable.

By Kalvis P

Jul 16, 2019

Very nice, talking about the things I didn`t knew.

By Silué S F

Jul 27, 2020

De bon cours avec une facilité d'apprentissage.

By Murali D

Oct 30, 2016

Good foundation class for financial accounting.

By Shilpi S

Jun 02, 2020

LIFO, FIFO and weighted average is not clear.

By Haoming L

Jan 19, 2020

Good. But the lecturer has very heavy accent.

By Rafiq

Jun 24, 2019

Very good course and very good explanation.

By Zainan V Z

Mar 26, 2017

Brief and clear, very easy to understand

By Niangran E M

Sep 14, 2020

Très beau cours ! Complet et précis ..

By Alberto J G S

Nov 19, 2018

Overall very clear and well organized.

By Anurag G

Jul 20, 2020

Beautiful course. Crisp and accurate!

By Sudeep B

Sep 30, 2017

Excellent contents and good lectures.

By Adarsh V

Jun 29, 2020

Amazing course. Thorough content.

By SAFAL S

Apr 11, 2020

sir i have not got my certificate

By ARTURO R G R

Jan 21, 2018

Good teacher and great content.