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Learner Reviews & Feedback for Understanding Financial Statements: Company Position by University of Illinois at Urbana-Champaign

4.8
stars
667 ratings
165 reviews

About the Course

This course is designed to provide a basic understanding of financial statements with an emphasis on the balance sheet. However, to understand accounting driven financial statements, it is important to recognize that accounting is less about counting and more about measuring. “What is it that is being measured?” Well, as the course unfolds, you will learn about the three measurement questions and how the balance sheet helps to answer the first two of these questions. By touring a real company and interviewing real business people, the course describes the basic content of financial statements in a simple yet relevant context. The goal of the course is to leave a lasting impression about what balance sheet consists of and what it reveals. The next course in the Fundamentals of Accounting Specialization completes the conversation by addressing the remaining measurement question. Upon successful completion of this course, you will be able to: • Describe the purpose of a balance sheet. • Define the three components of a balance sheet. • Recognize and understand the meaning of several items typically presented on a balance sheet. • Explain the broader purpose of financial statements and the role of accounting in producing the financial statements. • Read and, to some extent, interpret real-world balance sheets. If you enjoy this business course and are interested in an MBA, consider applying to the iMBA, a flexible, fully-accredited online MBA at an incredibly competitive price offered by the University of Illinois. For more information, please see the Resource page in this course and onlinemba.illinois.edu....

Top reviews

JC

May 22, 2020

Really great course and a useful one in terms of clearing the finance terms and how a company creates a balance sheet and how can we evaluate a company's position by looking at one's sheet.

SN

Oct 25, 2017

I really enjoyed the professor's clear explanations. This has helped me understand the balance sheet, which will help me understand my current and future companies more clearly. Thanks!

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51 - 75 of 164 Reviews for Understanding Financial Statements: Company Position

By Saachi A

Jul 17, 2020

outstanding course especially of people who don't even know the 'a' of accounting

By Mallela D

Apr 29, 2020

it is a very good oppurtunity to me by learning this all accounting statements.

By Jhanein G

Jul 24, 2020

I was amazed on how clear and precise the instructor explain the lessons.

By Bishoy R M

Jul 28, 2020

I learned and benefit a lot about balance sheet and company position

By sherifomrelshorbagy

Sep 02, 2017

Intersted in how instructore explain the course by using actual cases

By Shady A B

Dec 24, 2016

really its very helpful for me and helped me in my College thanks you

By Humayoon

Sep 08, 2016

It is really works to make you understand a balance sheet practically

By Ashish D C

Jul 21, 2020

Very good course. Everything is explained with real world scenarios.

By Shihua X

Mar 29, 2017

very good course, helps me to pick up a lot about accounting basics.

By Nguyen S

Apr 13, 2020

This course is a well blend of theories and practical cases. Great!

By SABAA A

Apr 09, 2020

All thanks to this course to all the people who participated in it

By Dr. B L C

Apr 10, 2017

Great course, nicely taught. I learned a lot about balance sheets.

By K S S

May 01, 2020

Thank you for this insightful and informative learning experience

By Haoyue K

Aug 29, 2016

Wonderfully designed. Clear and interesting explanation. Love it!

By Zulkifal

Jul 16, 2020

The teaching method was really great and explanation was awesome

By POONG S C

Apr 19, 2020

Leaned a lot in this course on understanding financial statement

By Umair R

Jun 05, 2016

This Course Had Help Me in My Ramay Trade LTD Business in Rwanda

By Nandini v

Jun 06, 2020

kevin sir, you are very energetic. thankyou for your insights.

By Mustafa ِ

Sep 25, 2017

it is very useful course i will recommend it for my friends

By Carrie R

Jun 15, 2020

Very accessible concepts and enjoyable video presentations.

By K S A

Nov 08, 2018

IT WAS BEST COURSE FOR UNDERSTANDING FINANCIAL STATEMENT

By Debbie J M

May 05, 2016

This will refresh my memory of what I learned and more

By Diana C

May 16, 2017

Many thanks for a very interesting and useful course!

By PRAKHAR M

Jul 07, 2020

Very use. Learned some much in very effective manner

By Cindy S

Mar 25, 2019

Educational course for multi purpose functioning