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

4.7
stars
789 ratings

About the Course

This course is designed to provide a basic understanding of financial statements with an emphasis on the income statement. Building on the foundation formed in the first course, you will learn about the third of our three measurement questions and how the income statement helps to answer this final measurement question. Returning to the real business people introduced in the first course, this second course describes the basic content of income statement in a simple yet relevant context. The course ends by summarizing many of the lessons learned in both courses to leave you with a lasting impression about what financial statements are and how accounting can work for you. We all know that accounting is “the language of business”; let’s make learning this language engaging, and perhaps even fun! Upon successful completion of this course, you will be able to: • Describe the purpose of an income statement. • Define the basic components of an income statement. • Recognize and understand the meaning of several items typically presented on an income statement. • 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 income statements. 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

DR

Apr 12, 2020

This course is so good you all should go through this it gives very practical examples and makes all my doubts clear.

MP

Dec 29, 2020

Prof. Gary Hecht is quite challenging. You wonder whether he uses the testing information forpractise but either way you learn and understand the material he teachs.

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176 - 192 of 192 Reviews for Understanding Financial Statements: Company Performance

By chika e

•

Jun 28, 2017

quite enlightening

By Chong L C

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Apr 18, 2020

great course

By CHONG C Y

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Apr 21, 2020

Good Course

By CHIN S J

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Apr 17, 2020

Good course

By Shreyavarada S B P Y B 2

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Dec 20, 2024

gud course

By AJITH K B

•

May 15, 2020

Good

By JUNAIDI B M A

•

Apr 19, 2020

Good

By NG K K

•

Apr 18, 2020

Good

By KANG J C

•

Apr 19, 2020

tq

By Michael D

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Apr 21, 2020

Good quality videos but insufficient interactive materials to really drive the lessons home.

By Teanna P

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Mar 31, 2020

I want to unenroll in this. Enrolled twice bit of an issue now

By Claudia P

•

Jan 23, 2018

Nice course!

By CHAN Y H

•

Apr 21, 2020

Great!!

By Ngirabatware I

•

May 4, 2022

GREAT

By Gina F

•

Jul 24, 2018

The course is a bit outdated and there is no community. You write papers and wait for peers to provide feedback for many weeks... It has great potential but it's like the content was created and posted and then forgotten about....

By Sara S H S

•

Nov 25, 2025

NO PUDE TERMINAR DE CPMLETAR TODO YA QUE NO ME DEJO PRESENTAR LAS LECCIONES Y LOS CUESTIONARIOS DE 3/4 MODULOS