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

4,390 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


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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901 - 925 of 985 Reviews for Financial Accounting: Foundations

By Pradyumna B

Jul 21, 2021

Goof introduction to accounting.


Jan 21, 2018

Good teacher and great content.


Aug 1, 2020

Good Foundation for accounts.

By Clement O

Sep 20, 2018

Very well explained material

By Shankari R

Apr 20, 2020

Its really very interesting

By udayy k

Jun 2, 2020

good course for beginners.

By Arockia R I A

Jan 27, 2022


By Akul D

Apr 26, 2021

Great Learing Experience.

By pawan k

Sep 20, 2019

Great knowledge achieve


Jun 21, 2020

Very nicely explained


Jun 17, 2020

nice accounting class

By Amr M H M H

Sep 29, 2018

iam looking for a job

By Kia W

Sep 14, 2020

Quick Pace for sure.

By Adarsh R

Sep 20, 2020

very well explained

By Aayushi M j

Aug 16, 2020

An amazing course .

By Ganesan D

Feb 8, 2018

Good for beginners

By Adriana M R M

Apr 5, 2020

It was Excellent

By Vipin B

Nov 4, 2019

Great experience

By sirsendu s

Jul 9, 2017

liked it. okeish

By Nihal a K

Aug 11, 2020

Good to learn

By Ayesha F

Nov 6, 2018

great course

By 许文漪

May 24, 2017

good course!

By Deleted A

Sep 25, 2020

Really good

By Ahmed H A

Aug 4, 2020

very useful

By Nsr

Nov 19, 2016

good course