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Learner Reviews & Feedback for Financial Accounting: Foundations by University of Illinois Urbana-Champaign

4.7
stars
4,592 ratings

About the Course

In this course, you will learn the foundations of financial accounting information. You will start your journey with a general overview of what financial accounting information is and the main financial statements. You will then learn how to code financial transactions in financial accounting language. In the meantime, you will learn about the most important concept in contemporary financial accounting: accrual accounting. You will then critically analyze how firms recognize revenues. Finally, you will finish the course with an analysis of accounting for short-term assets, where you will go into detail on how firms account for accounts receivable and inventories. Upon successful completion of this course, you will be able to: • Understand the main financial statements and the financial information • Write a financial transaction in financial accounting language and understand how this impacts the main financial statements • Understand how accrual accounting and fundamental accounting concepts work • Understand revenue recognition principles and how they impact the main financial statements • Account for accounts receivable and inventories. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and go to onlinemba.illinois.edu....

Top reviews

B

Aug 4, 2020

Thank you very much for the University of Illinois and Prof. Oktay. The best explanation ever! Interesting cases and problems! This course helped me to create a strong foundation in accounting.

YP

Jun 6, 2020

The modules were extremely informative and nothing less to say, Oktay sir's presentations were very easy to understand even for a person like me who has no prior knowledge about Financial Accounting.

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426 - 450 of 1,030 Reviews for Financial Accounting: Foundations

By Christopher G

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Feb 6, 2020

Excellent teacher explaining a difficult subject.

By Namrata J

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Dec 27, 2018

Very good material for spontaneous understanding.

By lisa n

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Oct 3, 2018

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practical.

By Arpit G

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Jan 2, 2021

good foundational course on financial accounting

By Yashwant j

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May 17, 2020

THANK YOU FOR GIVING ME THIS FINANCIAL KNOWLEDGE

By abrahamlc1

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Apr 9, 2020

Great explanation, quizes and material resources

By Mantas S

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Aug 21, 2020

Very good course for Introduction to Accounting

By Rufus P T

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Jul 23, 2020

Thanks for helping me improve my desired career

By Oluwadamilare O

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Jul 9, 2020

The modules are very interesting and educative.

By ANYUNYA B

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Dec 27, 2016

Awesome explanation! adequate knowledge gained.

By Wendy N C S

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Jan 25, 2021

this course was clear, and useful for my live

By AGNES A D

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Dec 15, 2020

Gave a good foundation on financial accounting

By Akshya B

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Sep 1, 2020

Got to know a lot about many things thank u 😊

By abhishek j

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Apr 10, 2020

This is excellent course it enhanced my skills

By MAXIMILIANO R U C

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Dec 23, 2019

quedo agradecido con el curso correspondiente.

By Filippo P

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Dec 18, 2019

Very clear explanation with a lot of examples.

By Nemish C

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Jul 14, 2020

it enhanced my skills in financial accounting

By Mikova E S

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Oct 22, 2020

Very interesting and useful course! Thanks!

By Valens N

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Jul 27, 2020

This course was full equipped with materials

By Richard G

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Jun 18, 2020

Excellent course in accounting fundamentals.

By Vidit s

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Sep 24, 2018

Great course! very detailed and well taught!

By Venkata N V G

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Sep 10, 2018

Awesome course.. Professor Oktay is amazing!

By Gustavo C A

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Mar 18, 2017

Really good, clear, and perfectly explained.

By GREGORY A

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Dec 5, 2020

excellent course and amazing instructor !!!

By Ray S

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Sep 8, 2018

Excellent baseline, beginning level course.