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

4.7
stars
4,617 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

BV

May 3, 2020

Loved learning and doing this course! It's a great learning oppurtunity for those who are not from a commerce background but would love to learn accounting. Thanks for this great course! :)

YP

Jun 7, 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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By Nsr

Nov 19, 2016

good course

By Ashif R I

Jun 7, 2020

more learn

By Ahmed H A A E

Aug 2, 2024

very good

By Deleted A

Jun 4, 2020

its good

By Divesh P

Nov 13, 2021

Awesome

By kadapala m k r

Apr 25, 2025

good

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Apr 15, 2025

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Apr 7, 2025

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Mar 23, 2024

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Jun 15, 2023

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May 30, 2023

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Jan 1, 2023

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Dec 5, 2022

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Nov 18, 2021

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May 31, 2021

good

By แชมป์ น

Jan 3, 2021

Good

By Eshan P

Sep 22, 2020

good

By Anjali G

Aug 11, 2020

good

By ALTHAF N N

May 16, 2020

Good

By YOSELIN T E S

Dec 17, 2019

like

By Michael O

Jun 20, 2019

good

By rahul s

Jul 31, 2017

good

By Reyhaneh H

May 30, 2017

well

By mayank j s

Sep 30, 2020

no