Chevron Left
Back to Financial Accounting: Foundations

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

4,402 ratings

About the Course

In this course, you will learn the 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 receivable and inventories. Upon successful completion of this course, you will be able to: • Understand the main financial statements and the financial information • Write a financial transaction in financial accounting language and understand how this impacts the main financial statements • Understand how accrual accounting and fundamental accounting concepts work • Understand revenue recognition principles and how they impact the main financial statements • Account for accounts receivable 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 go to

Top reviews


Invalid date

Thank you very much for the University of Illinois and Prof. Oktay. The best explanation ever! Interesting cases and problems! This course helped me to create a strong foundation in accounting.


Invalid date

It is a very interesting course with an excellent instructor who explores real and created scenarios making the subjects easy to understand and compare with real-life BS and NIS.

Filter by:

626 - 650 of 987 Reviews for Financial Accounting: Foundations

By James S

Sep 23, 2018

Great Professor!

By Aya Z

Sep 16, 2018

very very gooood

By Anurag r

May 26, 2018

excellent course

By Eman B

Dec 3, 2017

very good course


Oct 26, 2016

very interesting

By Yaritbel S

Feb 16, 2024

Excelente curso

By Chukwunonye A

Mar 10, 2021

Well Structured

By Monica M O T

Jan 13, 2021

Excelente curso


Sep 27, 2020

Worth learnings

By Sahila F

Apr 29, 2020

İt is excellent

By Syeda S K

Apr 13, 2020

best experincec

By Vikrama S R

Mar 2, 2019

good and valued

By Carlos d J R R

May 10, 2021

Todo excelente

By Prashant S

May 9, 2021

awesome course

By Víctor L

Oct 1, 2020


By Nitin J

May 24, 2020

course is good

By Dr. S C

May 11, 2020

Exllent Course

By Mustafa E

Nov 10, 2019

very important

By Justin Z

Sep 9, 2019

Great content.

By Mukesh V

Jan 14, 2019

great learning

By يونس ع ع ع

Nov 6, 2018

Very very cool

By Muhammed N K H

Sep 23, 2018

was power full

By 2302C 7

Nov 11, 2023

useful course

By Salvator O

Mar 29, 2022

Great course.

By Sean R P I

Mar 31, 2021

Great Course!