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

716 ratings

About the Course

This course is designed to provide a basic understanding of financial statements with an emphasis on the income statement. Building on the foundation formed in the first course, you will learn about the third of our three measurement questions and how the income statement helps to answer this final measurement question. Returning to the real business people introduced in the first course, this second course describes the basic content of income statement in a simple yet relevant context. The course ends by summarizing many of the lessons learned in both courses to leave you with a lasting impression about what financial statements are and how accounting can work for you. We all know that accounting is “the language of business”; let’s make learning this language engaging, and perhaps even fun! Upon successful completion of this course, you will be able to: • Describe the purpose of an income statement. • Define the basic components of an income statement. • Recognize and understand the meaning of several items typically presented on an income statement. • 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 income statements. 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

Top reviews


Feb 26, 2017

Great set of courses for a beginner in the accounting field. Informative and well taught. Thanks to Kevin Jackson for making potentially complicated subject matter simple and easy to relate to.


Apr 28, 2020

Subject and content was good and very easy to understand. Videos given was a brilliant ideas to explain more about the topic. I also love how Coursera give me the certificate of completion.

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176 - 182 of 182 Reviews for Understanding Financial Statements: Company Performance


Apr 19, 2020


By Michael D

Apr 20, 2020

Good quality videos but insufficient interactive materials to really drive the lessons home.

By Teanna P

Mar 31, 2020

I want to unenroll in this. Enrolled twice bit of an issue now

By Claudia P

Jan 22, 2018

Nice course!


Apr 20, 2020


By Ngirabatware I

May 4, 2022


By Gina F

Jul 23, 2018

The course is a bit outdated and there is no community. You write papers and wait for peers to provide feedback for many weeks... It has great potential but it's like the content was created and posted and then forgotten about....