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

4.8
stars
1,371 ratings

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

MH

May 22, 2016

Great course! Mr Jackson put a lot of effort into the construction of the class and explained everything in detail so that you get a solid understanding of the Balance Sheet

BM

Aug 26, 2016

This course is a great introduction to understanding Balance Sheets and has been a big help to me in my job. I highly recommend this course and I really liked the Professor.

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126 - 150 of 325 Reviews for Understanding Financial Statements: Company Position

By Carrie R

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Jun 15, 2020

Very accessible concepts and enjoyable video presentations.

By salah y

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Sep 23, 2021

I agree that this course is useful, interesting and easy

By K S A

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Nov 8, 2018

IT WAS BEST COURSE FOR UNDERSTANDING FINANCIAL STATEMENT

By Robi W

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Apr 4, 2025

good, with AI grading, it help faster learn and finish,

By Anand S R 6

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Jan 24, 2021

The instructor explained each and every concept clearly

By Kristen M

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Dec 11, 2020

Kevin was a great teacher. I enjoyed taking this class.

By HARSHIT S

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Dec 4, 2020

Had fun with real businesspersons interacting with prof

By Debbie J M

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May 5, 2016

This will refresh my memory of what I learned and more

By MONTEIRO D D

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Sep 18, 2020

Very good. Very practical and straightforward course.

By Diana C

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May 16, 2017

Many thanks for a very interesting and useful course!

By Yanilka A

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May 14, 2021

Muy bueno el curso , nos aporta nuevos conocimientos

By Gael M

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Feb 28, 2021

Very insightful and explained with very simple words

By PRAKHAR M

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Jul 7, 2020

Very use. Learned some much in very effective manner

By Andrew L

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Aug 13, 2020

Great course, easy to learn and valuable knowledge!

By Shaikha A

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Sep 6, 2022

was really helpful for an accounting major student

By Cindy S

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Mar 25, 2019

Educational course for multi purpose functioning

By Sayantani C

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Jun 4, 2020

The best experience in Accountancy I ever had!!

By Marjan I

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Nov 7, 2017

Would give it 5 stars if test were still opened

By Alyona Z

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Jun 12, 2016

It was pleasure to participate in this course.

By Chalee U

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May 21, 2020

Easy to understand in a short period of time.

By Carlos E M D

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Jun 11, 2020

Like the instructor, very easy to understand

By YOULI S

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Dec 18, 2020

smooth learning in mind, visual, and audio.

By Venkat G

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Aug 24, 2020

Perfectly presented with basic fundamentals

By Yong L K

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Apr 17, 2020

Good title for me to understand in details.

By Maria P

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Dec 17, 2020

Very helpful course and easy to understand