I found that this course definitely did cover a lot of information and I like that the exercises came from real-life examples, however, I found that the lecturer went at a very fast pace despite this being a foundational course. In particular, this was my experience during week 3 and 4. I know that the beauty of online learning is the ability to pause and rewind the lectures but I think even with that some of the material was a little fast-paced.

Overall a good course but I think it is quite overloaded with information that is not necessairly practical for MBA students . Also a lot of the naunces would not stick after the course is over with. Perhaps, this would have been a good class for accounting majors. Most videos are merely reading through the slides with not much added insghts or examples. Wish this course was less crammed and more insightful.

Some concepts are poorly explained. I had to use external materials to supplement my learning, even though I have extensive experience in finance. I had a very bad experience learning about LIFO and FIFO principals. The professor didn't really go into the logic of calculating both methods or anything really behind the methods. In addition, it was really hard to understand the professor. I am a foreigner myself and I understand the language struggle. But I expect the professor teaching the course to pronounce the terms correctly. It added a challenge to comprehend already poorly explained material. The syllabus was great though. With external research and figuring out formulas on my own (due to lack of clear explanation), I was able to learn some useful materials.

I think the information provide is very good, however, it it not explained in an interesting way. It is difficult to understand what he is saying (by meaning and by pronunciation)

No me ha gustado que he terminado el curso y no me han enviado el certificado del curso, aun cuando pague las mensualidades

Why is there free trial if a person can't get certificate completed within free trial?

no certifican al terminar el curso.

No certification provided

not nice

In the mean time,we learn about the most important concept in contemporary financial accounting: accrual accounting. we critically analyze how firms recognize revenues. Finally, we learn how to analy the accounting for short-term assets where we went into detail on how firms account for accounts receivables and inventories. Upon successful completion of this course, we are able to: • Understand main financial statements and the financial information they provide • Write a financial transaction in financial accounting language and understand how this impacts main financial statements • Understand how accrual accounting and fundamental accounting concepts work •

Dedication and discipline is the key to completing the whole course. The course is arranged gradually and even though it is stated for beginner, you need to pay attention to the professor if you want to pass the tests. You cannot only rely on the PDFs. Great course, I felt extremely challenged. Thank you, Univ. Illinois Urbana-Champaign for allowing me to experience world-class education!

The course was great. I learned a lot about accounting basics that will help me to better understand more complex situations. Thank you, Coursera. Thanks to our professor and those who helped to make this course.

The Professor Mr.Oktay Urcan was crystal clear in explaining all the concepts with really good examples and illustrations ( Walmart, Illini Supermarket and others..). Loved the way the content is structured and the practice and graded quizzes at the end of every module made sure we knew our concepts really well.

A special mention about the peer-graded assignment which was not more of answering questions rather testing our ability to analyse various articles and present a good summary !

This was my first Coursera course and I'm happy that it was best !

The course was very easy to understand for me who is from a non-commerce background without accounting knowledge. The teacher has done a good job in teaching the basics, giving examples regarding the topics. Also the case studies practice questions on real reports of big companies helped understand about the financial accounting process about the big companies. This course is a must for people trying to understand balance sheet, income statement, fundamental accounting equation, accrual accounting, deferrals and much more.

A must have course. This one, added to Formal Financial Accounting course, gave me a solid basis on which I can count in further courses and future accounting situations. M. Oktay Urcan is a wonderful teacher with an efficient methode and way of explaning thing by simplifying them. Moreover, the case method makes his teachning even more realistic, comprehensive and applicable in daily life, in contrast to the the various teachings we have in real life which are too theoric and fuzzy. Best regards Sir Oktay Urcan.

Module 4 is not consistent to understand. I found it easy to apply recording to Unearned revenue but was lost when it came to module 4. It didn't seem consistent . Then the case videos there was total consistecy loss where I had to break my head what to find where. I have to depend on the professor or study group on Module 4.

Update 1/16/2021 - I have updated to give all points as this was my first iMBA class I was not sure what was coming towards me.

I was so excited about the class that I went ahead and completed the coursework prior to the class beginning. Having a Finance and Accounting background made the class easier but I am really looking forward to the live sessions so that I may sharpen my financial accounting skills. I feel that I still have much room for improvement and am confident that Professor Urcan will provide me with the tools to succeed in this class.

Too often, smart hardworking busy people miss out on education because of traditional linear learning. Learn on your terms. With stackable online content from Gies College of Business, you can take self-paced classes, earn transcriptable credit, pause, earn a degree. Switch in stack coursework, earn a certificate, or learn however you want. You'll get expert-led education and big or bite-sized increments. 

The course is very well structured and easy to understand the basic concepts. The prof has done a great job explaining the concepts. Every module has enough practice questions to apply the concepts thought. The only downside is for some of the solutions the reasoning was not explained clearly. So I got confused about a few concepts. Other than that it is amazing and I had a great learning experience

This course covers all the basic financial management that you need. It is easy to understand,, easy to digest , clear explanation--- even for a person without accounting background. I am so happy that I can add the certificate in linkedin for this diploma, it perfects my CV and qualification in the market. It is a brilliant online course for those whose looking for learning in flexible hours.

Being completely new to accounting, I feel like I learnt a lot in the four weeks. The course has been structured really well to build your understanding in a gradual but steady way. Though a lot of material is covered, Prof Urcan explains the concepts very well, so that anybody can follow. I enjoyed the case studies and the challenging quizzes. Many thanks for this excellent course.

This is an excellent course! I really enjoyed learning from the wide variety of materials available. It was intense but it's worth every bit of your time even if you do not really have a background in this area as in my case. Now I have a deeper understanding of Financial Accounting but I know its just the beginning. I would recommend this course to anyone and everyone. Great job!

I learned so much in so little time. I felt the lectures were the same quality as college classes. The amount of material made it easy to practice what was learned. I loved the module quizzes that reinforced learning. I truly am a better person because of this course. I have tried other websites and by far UofI + Coursera is #1. Thank you so much for democratizing education.

About review of financial accounting foundation are three types of business, three types of business organizations, GAAP, business transaction, cost concept and accounting reports called financial statements.

This course is important all business student that went to be financial analysis is usefully financial statements to determine that a business strategy

I enjoyed the course very much. The pace was quite fast, but that suited me as I had already completed a bookkeeping course about ten years ago that covered much of the same ground so the course was very useful to refresh my memory, while learning new aspects of financial accounting at the same time. I thought the assignment was particularly interesting.

Thank you to you and to Professor URCAN who gave us a brief explanation, it was a pleasant pleasure to take the online courses in your university I thank Coursera as well as his partners who also allowed us through their relationship to have access to these courses thank you thank you especially my very dear teacher URCAN my sincere greetings to him.