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

4,400 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


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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.


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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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676 - 700 of 986 Reviews for Financial Accounting: Foundations


Aug 12, 2022


By Abed A H J A K

Apr 2, 2022

good course

By Somya J

May 25, 2021



May 14, 2021

Good course

By Sushant S

Dec 5, 2020

Good course

By Kunal G

Nov 20, 2020


By Orlando C

Oct 11, 2020

I love it!!


Sep 25, 2020

good course

By Sanjay d s

Jul 1, 2020

really nice

By Sourav s s

May 19, 2020

Good course

By Saima k

May 5, 2020


By Alam M S

Apr 21, 2020


By Ali H D

Apr 20, 2020

Good course

By Jenanee M R

Feb 17, 2020

Very useful

By William A W

Oct 30, 2019

Good start!

By Saverio D

Mar 20, 2019

Very clear!

By Shubham S

Oct 12, 2018

good course

By Ahmed A

Jun 21, 2017

nice course

By Maktoob Y

Feb 4, 2017

nice course

By Deleted A

Sep 7, 2016

Very useful

By Meb G

Jul 28, 2023

Thank you!

By Godswill E

Oct 2, 2022

hit of all

By Yelyzaveta T

May 10, 2022


By Jonathan S

May 16, 2021

Very good.

By Rawan a a

May 1, 2021

it helpful