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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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601 - 625 of 1,030 Reviews for Financial Accounting: Foundations

By Abdallah G

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Nov 26, 2022

very helpful course

By Anjana P

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Jul 16, 2020

its a good course .

By PRASANTA M

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Jun 24, 2020

Exceptionally well!

By MOHSIN R M

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May 21, 2020

Very well explained

By Muhammad K

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Apr 13, 2020

Really great course

By Mayank K

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Feb 10, 2020

Very beneficial app

By Muhammad U

•

Sep 27, 2018

Excellent Course...

By Pavithra N

•

Feb 10, 2025

VERY GOOD USE FULL

By Paras J

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Jan 25, 2022

it is very helpful

By Shibila V

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May 19, 2021

Very useful course

By Jabnati R

•

Nov 25, 2020

excellent course..

By Edison B d A

•

Oct 30, 2020

Excellent course !

By Daniel L

•

Oct 10, 2020

Very instructional

By mo-hammed a b

•

Sep 24, 2020

Outstanding course

By ADITYA

•

Aug 29, 2020

its is good course

By Moonsu S

•

Jun 24, 2020

Thank you so much!

By Muhammed s E K

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Jun 3, 2020

Very great course

By Subhi M A

•

Oct 5, 2018

very useful course

By Nami Y

•

Sep 16, 2018

Highly recommended

By Joshen V

•

May 24, 2018

Very nice course!!

By Avinash K

•

Sep 29, 2022

good

good v good

By ASHRAF A S H B

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Aug 5, 2022

Thanks corseara😍

By Manuel A M F

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Oct 20, 2020

Excellent course.

By RAHUL R

•

Sep 21, 2020

it is worth it !!

By Sonam

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Sep 18, 2020

Interesting class