Chevron Left
Back to Formal Financial Accounting

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

340 ratings

About the Course

This course builds upon what you learned in Financial Accounting: Foundations and Financial Accounting: Advanced Topics and introduces you to formal foundations of financial accounting. The main purpose of the course is to familiarize you with technical terms in financial accounting, such as debit, credit and T-account. While knowledge on technical aspects of financial accounting is not necessary to understand and interpret financial statements, this knowledge is critical to be able to understand advanced topics in accounting. Formal Financial Accounting is a prerequisite course for the University of Illinois' iMSA program and the terminology we will cover will be used throughout the courses in iMSA program. The University of Illinois at Urbana-Champaign, consistently ranked as one of the nation's top three accounting programs, now offers a master’s in accounting at a very affordable tuition rate and is completely online. The iMSA is a full Master of Accountancy program and students graduate with a highly recognized master degree. Try an open course or two, then apply for admission into the credit-bearing version, as you may be eligible to take credit-bearing courses during the application process. If you are missing any prerequisites for the full degree, you can complete Coursera courses to demonstrate readiness and strengthen your application for the iMSA. For more information on this exciting online master's in accounting program, refer to this link: ...

Top reviews


Oct 29, 2021

As being a scholar of Management Sciences I really appreciate that this course helped me to lean and revise my concepts that I have already studied. Thanks to PIDE and Coursera.


Dec 8, 2017

The lectures are great and easy to understand, and the examples are well explained and easy to follow. The professor explains the material in a very understandable way .

Filter by:

1 - 25 of 72 Reviews for Formal Financial Accounting

By Adriana H L

Dec 9, 2017

By Drew B

Jul 1, 2018

By John Z Q Y

Apr 10, 2021

By Yura Z

Apr 25, 2020

By John B

Sep 24, 2020

By Jeffrey N

Feb 10, 2018

By Robin M

May 4, 2018


Aug 22, 2021

By Caio C

Jan 17, 2018

By Dhinesh A D

Oct 8, 2022

By A R T

Feb 10, 2021

By Ismail W

Nov 22, 2020

By Abdur R

Oct 30, 2021

By Juan J C O

Feb 14, 2020

By Niramay A J

May 26, 2020

By Dinesh M R

Oct 6, 2020

By Shaafiya m j

Oct 29, 2020

By 2.21914E+11 A M A

Apr 10, 2021

By Rəsul Ə V

Apr 19, 2020

By Mohanakrishna C

Jul 15, 2020

By Jhamka G

Jul 6, 2020

By Luis S

Aug 11, 2021

By Luci W

Apr 23, 2018

By Ben M

May 15, 2022

By Vinayak G

Nov 9, 2020