Back to What is Financial Accounting?
University of California, Irvine

What is Financial Accounting?

Students are introduced to the field of financial accounting through defining the foundational activities, tools, and users of financial accounting. Students learn to use the accounting equation and are introduced to the four major financial statements. Additional topics include ethical considerations, recording business transactions, and the application of credit/debit rules.

Status: Microsoft Excel
Status: Balancing (Ledger/Billing)
BeginnerCourse9 hours

Featured reviews

MF

Reviewed Aug 21, 2022

Excellent lessons and the flow of lectures and information was so user-friendly. Highly recommended for the beginners. Thanks to Cousera and UoCalifornia

KT

Reviewed Feb 5, 2022

Lessons broken down in easy to follow modules with examples of what being discussed. Quizes further developed my understanding of the material.

AM

Reviewed Apr 23, 2024

excelent course, but its good for intermediate student who has a previous financial account intro.

KA

Reviewed Dec 25, 2021

This is good enough to know about what is financial accounting is concerned about.

BJ

Reviewed Mar 16, 2021

The Professor keeps her lectures, exercises, and assessments "tight". No extraneous remarks or "stories".

LM

Reviewed Mar 12, 2025

EXCELLENT teacher. Schools that have online classes should take a page out of y'alls book!

SW

Reviewed Oct 6, 2025

I have never done any type of accounting before; however, after doing this course, I understand the fundamentals enough to apply them.

DH

Reviewed Oct 16, 2023

This course was very fun and easy. I love how the instructor broke everything down to understand.

FB

Reviewed Jan 7, 2026

As non Accounting student; found this really helpful. if you are total new to financial accounting do not hesitate to take this course.

MR

Reviewed Jul 26, 2021

very helpful and to the point. covers most of the topics without lag and is easy to understand

AA

Reviewed Aug 10, 2023

The course made it seem it was easy to understand the fundamentals of financial accounting.

BN

Reviewed Oct 16, 2024

Great overview of general accounting principles. The activities were perfect for practice and preparation!

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