About this Course
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Approx. 15 hours to complete

Suggested: 4 weeks of study, 4-6 hours/week...

English

Subtitles: English

Skills you will gain

Financial AccountingAccountingAccrualFinancial Statement

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Approx. 15 hours to complete

Suggested: 4 weeks of study, 4-6 hours/week...

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
1 hour to complete

Course Orientation

1 video (Total 2 min), 4 readings, 1 quiz
1 video
4 readings
Syllabus10m
Glossary10m
About the Discussion Forums10m
Updating Your Profile10m
1 practice exercise
Orientation Quiz10m
3 hours to complete

Module 1: Introduction to Financial Accounting

11 videos (Total 61 min), 4 readings, 5 quizzes
11 videos
M1L1V2: What Is Accounting?1m
M1L1V3: Components of Annual Reports3m
M1L2V1: Balance Sheet Overview2m
M1L2V2: Balance Sheet: Assets5m
M1L2V3: Balance Sheet: Liabilities5m
M1L2V4: Balance Sheet: Shareholders’ Equity3m
M1L3V1: Income Statement4m
M1L4V1: Cash Flow Statement6m
Module 1 Case Video25m
Like this course? Learn more with the iMBA! (optional)1m
4 readings
Module 1 Overview10m
Module 1 Readings10m
Module 1 Example Case Questions10m
Module 1 Example Case Solutions10m
5 practice exercises
Lesson 1-1 Practice Quiz10m
Lesson 1-2 Practice Quiz14m
Lesson 1-3 Practice Quiz8m
Lesson 1-4 Practice Quiz6m
Module 1 Graded Quiz14m
Week
2
3 hours to complete

Module 2: Recording Transactions and Financial Statement Preparation

5 videos (Total 75 min), 5 readings, 5 quizzes
5 videos
M2L2V1: Example: Illinois Supermarket22m
M2L3V1: Individual Accounts2m
M2L4V1: Accrual Accounting5m
Module 2 Case Video37m
5 readings
Module 2 Overview10m
Module 2 Readings10m
Module 2 Example Case Questions10m
Module 2 Example Case Solutions10m
Additional Resources10m
5 practice exercises
Lesson 2-1 Practice Quiz8m
Lesson 2-2 Practice Quiz4m
Lesson 2-3 Practice Quiz4m
Lesson 2-4 Practice Quiz10m
Module 2 Graded Quiz16m
Week
3
5 hours to complete

Module 3: Fundamental Accounting Concepts and Revenue Recognition

6 videos (Total 57 min), 4 readings, 6 quizzes
6 videos
M3L2V1: Fundamental Accounting Concepts4m
M3L3V1: Accruals Concept11m
M3L4V1: Conservatism Concept5m
M3L5V1: Revenue Recognition10m
Module 3 Case Video25m
4 readings
Module 3 Overview10m
Module 3 Readings10m
Module 3 Example Case Questions10m
Module 3 Example Case Solutions10m
5 practice exercises
Lesson 3-2 Practice Quiz10m
Lesson 3-3 Practice Quiz10m
Lesson 3-4 Practice Quiz8m
Lesson 3-5 Practice Quiz10m
Module 3 Graded Quiz20m
Week
4
3 hours to complete

Module 4: Short-Term Assets

10 videos (Total 74 min), 4 readings, 8 quizzes
10 videos
M4L2V1: Accounts Receivables: Cash Discounts3m
M4L3V1: Accounts Receivables: Sales Returns3m
M4L4V1: Accounts Receivables: Bad Debts5m
M4L5V1: Accounts Receivables of Walmart4m
M4L6V1: Inventories2m
M4L7V1: Cost Flow Assumptions8m
M4L8V1: Inventories of Walmart2m
M4L9V1: Appendix 1: LIFO - FIFO Conversion12m
Module 4 Case Video30m
4 readings
Module 4 Overview10m
Module 4 Readings10m
Module 4 Example Case Questions10m
Module 4 Example Case Solutions10m
8 practice exercises
Lesson 4-2 Practice Quiz8m
Lesson 4-3 Practice Quiz8m
Lesson 4-4 Practice Quiz8m
Lesson 4-5 Practice Quiz8m
Lesson 4-6 Practice Quiz6m
Lesson 4-7 Practice Quiz10m
Appendix 1 Practice Quiz
Module 4 Graded Quiz20m
4.7
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started a new career after completing these courses

24%

got a tangible career benefit from this course

10%

got a pay increase or promotion

Top reviews from Financial Accounting: Foundations

By ADSep 4th 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.

By ABSep 24th 2017

LOVED THE COURSE. THANKS TO COURSERA SO THAT THEY GRANT ME SCHOLARSHIP. WITHOUT THIS IT WOULD NOT POSSIBLE FOR ME TO PERUSE THESE GLOBAL LEVEL COURSES AS I CANT AFFORD THIS. THANK YOU PROFESSOR.

Instructor

Avatar

Oktay Urcan

Associate Professor of Accountancy
Department of Accountancy, College of Business

Start working towards your Master's degree

This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

About University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

About the Financial Management Specialization

This Specialization covers the fundamentals of strategic financial management, including financial accounting, investments, and corporate finance. You will learn to evaluate major strategic corporate and investment decisions and to understand capital markets and institutions from a financial perspective, and you will develop an integrated framework for value-based financial management and individual financial decision-making. The Financial Management Specialization is part of the University of Illinois iMBA Program. Each course in this Specialization also fulfills a portion of the requirements for a University of Illinois course that can earn you college credit. When you complete the Financial Management Specialization, you will: · Have a solid foundation in developing an integrated framework for strategic financial decision-making. · Have a thorough understanding of financial statements and the financial information they provide, and be able to critically evaluate and analyze cash flows statements. · Understand the management and evaluation of portfolios and firm valuation techniques. · Understand how to incorporate risk and uncertainty into investment decisions and understand how companies make financing and investment decisions....
Financial Management

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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