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

4,385 ratings

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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976 - 985 of 985 Reviews for Financial Accounting: Foundations

By Ariel A M G

Apr 19, 2020

in my opinion this is not financial accounting, it is just basics or fundamental of accounting

By Kerollos S

Dec 5, 2022

insufficient course

By Andrei B

Oct 7, 2016

boring assignments


Sep 29, 2020


By Nakarid R

Nov 22, 2023

The curse was less complete than I expected it to be. Also, It was very difficult to follow the professor due to his heavy accent (I have no intention of shaming the professor, I'm not a native speaker by any means myself, and I understand the struggle of speaking a foreign language), but besides his accent, there were many topics and concepts that were not explained at all, which led me to having to repeat the lectures many times to able to grasp basic concepts and the difference between them. For example, the difference between recorded revenue, recognized revenue, collected income, and the formulas related to them are concepts that I'm still struggling with after reviewing Module 3 several times.

By Ahmed E

Apr 22, 2023

Content is poorly explained, and lecturer felt very unnatural and hard to listen to, probably because he was reading from a script and him having bad english doesn't help either, as non-native speaker, it was hard for me to keep up with him. Also, the illustration of the content was bad, with little to no interactive actions that actually help delivering important information. (P.S.: No offence to our honored lecturer, I'm respectfully stating what I felt, I'm sorry if any of words could be misinterpreted as disrespectful or impolite.)

By Tamara R

Feb 25, 2024

I think the information provide is very good, however, it it not explained in an interesting way. It is difficult to understand what he is saying (by meaning and by pronunciation)

By Jose C H C

Jan 1, 2021

No me ha gustado que he terminado el curso y no me han enviado el certificado del curso, aun cuando pague las mensualidades

By Talha B A

Mar 14, 2024

Why is there free trial if a person can't get certificate completed within free trial?

By Neeraj C S

Sep 10, 2020

not nice