LL
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It was my favorite course however, the wording on the exams could be a bit confusing at times and the final assessment was a bit difficult for some reason.
Thank you.
AB
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As a hands on learner I really appreciate the practice that is provided through case studies and quick quizzes to test our knowledge as we progress through the course.
By Levy N
•May 25, 2023
very very good
By Mohamad S
•Jul 3, 2022
Complete.
By Cheryl R
•Aug 10, 2024
While this course has great information that everyone should learn, there are definitely some accuracy issues and things I would like to suggest be added. This course has been out for a while from what I can tell, so I am not sure why the major issues still exist. Is feedback getting back to the Instructors. Maybe it is, and Intuit isn't updating them – hard to tell. Current Versus Long Term – Very similar to the Asset course issue, the key to current or long term is the length of the agreement. In many cases the names can be interchangable. They do mention that short term liabilities are when payment is expected in 12 months or less, and long term payment requirements are greater than 12 months. The also mention sometimes moving short-term portions of long term to current. But they list Deferred Revenue as short term and Note Payables as long term – and assume this on texts. However, you can have Deferred Revenue that is Long Term and Notes Payable as short term – its all based on the repayment requirements. On tests, they do not clearing indicate repayment terms, just assume Deferred Revenue is current and Notes Payables are non-current. The mention of adding Vendor Lines of Credit to the Balance Sheet is a great area to cover, but it is not always done. Small companies don’t have accounting departments, and owners typically don’t see them as liabilities unless they have a balance – and then its just the balance. In large companies with many remote working offices / projects, that information is either not shared with accounting or considered to be immaterial. The thing to remember is that a credit line is a legal agreement. If a project is completed, any associated lines of credit should be closed as well. This does a few things: fraud (someone charging your company) and closing down a legal entity if the project had a stand alone entity (some vendors do put these agreements onto credit reports). Deferred Revenue can be tricky. This is an area that a CPA should be leading the discussion. Subscriptions are ‘fairly’ easy, while initiate fees for a country club can be ‘complex’. It all depends on the agreement – and sometimes it even takes an attorney. Advising a client to contact a CPA/Attorney BEFORE they start anything like this would be a good idea. They would have advice on how to structure the agreement (like no refunds, etc) so that you can recognized the maximum revenue as soon as possible. Payroll was done well overall BUT there is a major issue on Payroll, Obligations and Loans test. The frustrating part is that I spent almost three hours trying to let someone know. I couldn’t find a ticket creation link so I actually used their AI bot to ask. The link to the tickets – broken. The email address – doesn’t not get monitored notification given. Facebook – bot that only answers sales questions. Intuit Facebook (couldn’t find a link on their website either) – “that’s run by Coursera”. I finally went back to the discussion before the test and commented that there was a big error, what caused it (without giving the right answer). I did get an email that someone (I think from Coursera) posted and wanted the link to the module, clicked on the View/Answer button in the email – but it told me I didn’t have permission. So my BIGGEST issue is that there is NO WAY to contact Coursera, or in this case at least, the instructor about course issues. There is a ‘report’ icon at the bottom where you can note if they have typos / backwards info, but not on tests and a few other sections. The error is not in questions – they have regular hours for a week over 40 hours and a little over 2 hours in OT; the person is then eligible for OT, so the over amount list under regular hours should be calculated at OT and is not. This affects questions 18 & 19.
By Jourdan M
•Mar 19, 2024
Generally I appreciate how much ground this course covers from assets to liabilities and things like taxes and payroll. I think the presentation of the information is distracting and I find the unecessary commentary of the host makes it difficult to sift important information. It feels like it was written by someone with ADHD and I frankly I just want the information necessary to learn the material. The extra fluff and joke tangents are a waste of time.
By Christian M
•May 23, 2024
I wish there was a way to get help or an answer guide for the case study. It was really frustrating to not get everything to balance, but also not have a way to check the answers. Also, I feel like the case study was pretty advanced compared to the things we have studied so far. The rest of the course was okay, it's just this last week and the case study had me stuck for a few days.
By steven l
•Sep 7, 2023
While very informative and easy to follow, there just doesn't seem to be enough practice. I find myself wanting hard thinking problems that require work. When it does suddenly get hard, you feel like you have just been dropped in the deep end with little swim time. Good overall for beginners, but def need a book of just problems to work through.
By Shannon J D
•Feb 20, 2022
Case study and worksheet at the end could have been changed to something else beng that we will be using quickbooks in real life and not the excel spreadsheet. It was weird to use when we hadn't used it during that entire section (or any if I rememer correctly) of the course. the over all information was good though
By Md A K Z
•Apr 26, 2022
the information is quite useful. The lecture is fascinating. The quizzes are a little difficult to understand. Some of the questions were confusing to me. The case study was disorganized and poorly presented. Please enhance this course; it will be beneficial to new students.
Thnaks.
By Rosecel A
•Feb 19, 2023
The case study and the final quiz threw me off a bit when it came to balancing the statements. FICA Expense and FICA payable got me confused and threw my numbers off. On payroll I thought there was only FICA payable that's credited from both employee and employer.
By Alexia S
•Dec 16, 2021
The content was good, but the technical delivery leaves much to be desired. Expert resource in videos was very knowledgable but the quizzes and test were sometimes inaccurate based on delivered content.
By August F
•Jun 23, 2022
Please fix errors on the quizes!! Some ask you to put the '$' sign at the start of the answer and then mark it as incorrect as they want the answer without the '$' sign. Very frustrating!
By Scott F
•Mar 5, 2024
Too many errors. Unfortunately that has become what I am used to in online courses (even Ivy League schools' online courses have a tendency towards errors).
By Danicia B
•May 7, 2024
This course was very difficult for me. When I had a question, I had to do so much research to find the answer.
By Leslie S
•Nov 28, 2023
There were a few mistakes in this course, and more repeated material / time waste than the first two.
By Deleted A
•Jan 8, 2023
Course production seemed to be rushed and as a result many frustrated students including myself.
By Jill S
•Mar 31, 2023
Some of the exercises are incomplete, making it tricky to complete the questions on the test.
By Thi T C N
•Nov 14, 2021
some parts are repeated which is still ok. The case study didn't provide enough info
By Gricel T L
•Feb 5, 2022
Errors in lesson exercises and quizzes.
By julie b
•Sep 11, 2024
The case was not correct.
By biji v
•Feb 28, 2023
fine
By Bonnie E
•Jan 13, 2024
Seemed like a lot of info was missing - Videos that referenced another video that would be coming up next that didn't seem to exist, questions on quizzes that were not covered ANYWHERE in the study material, etc. - The final project was a MESS that I'm fairly certain was missing at least a full page of info; the numbers given were literally impossible to make line up, even after redoing it 4 times - Even after passing the final exam with 50% answers I knew and 50% making educated guesses (because it is SO heavily dependent on that final project), I went back and tried to make the 'correct' answers fit with the information given for the final project, and found that at least $8k worth of transactions that would have been necessary to get to those numbers simply... didn't exist. Nowhere in the ledger, nowhere in the instructions on transactions that needed to be added, nothing. Seriously, this class is AWFUL and needs a complete overhaul in regards to the tests and final projects to actually function properly.
By Amy R
•Aug 10, 2024
I've overall been pretty satisfied with the programs. However, this particular module presented some issues for me and the chatbot was not especially helpful. I would have liked to have had some human contact to help me determine where my troubles were occurring. I redid the case study assignment multiple times and spent hours trying to complete it correctly. I do not know if the errors are mine or the programs, but I'm extremely frustrated and disappointed with the fact that I can't get actual feedback from an instructor. Unfortunately, I will be cancelling my enrollment at this time because of this.
By Jen S
•Oct 17, 2021
I understand everything until it comes to the final test. The Excel spreadsheets make absolutely no sense to me and I don't understand what I am doing wrong or even what I am supposed to be doing with them. At least I know I understand QuickBooks because I use it for my business and I have picked up a few pointers from these courses, so it isn't a total waste of money.
There is some incorrect information in the courses, which would likely confuse those not already familiar with accounting or business finances.
By Regina V
•Apr 4, 2022
These courses are becoming more complex as expected but are not offering the correct amount of practice to learn. If you do not have any prior accounting experience, this course will prove difficult in terms of utilizing an excel version of a General Journal, General Ledger, Trial Balance, and other Financial Statements. The program continues to advertise QBO but does not explain the workings of the aforementioned processes of recording entries and how you move thru the accounting system. I am disappointed.
By menachem 5
•Jul 9, 2023
Didn't measure up to the first two courses (which is actually a good testament to the first 2)
a lot of info was missing
not enough explanation for the info given
too much repetition at times
glitchy quizzes
inaccurate final case study plus a few strangely filled in data points and some with errors.