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

4.7
stars
4,524 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

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.

AB

Sep 24, 2017

LOVED THE COURSE. THANKS TO COURSERA SO THAT THEY GRANT ME SCHOLARSHIP. WITHOUT THIS IT WOULD NOT POSSIBLE FOR ME TO PERUSE THESE GLOBAL LEVEL COURSES AS I CANT AFFORD THIS. THANK YOU PROFESSOR.

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201 - 225 of 1,018 Reviews for Financial Accounting: Foundations

By Aritra B R C

Jun 27, 2019

Good paced videos and topic coverage. Practical examples for each topic are convnient to grasp the underlying concepts.

By Camilo A V M

Jan 22, 2017

This course is very interesting, Have a basic aproach on accounting but develop the key drivers of financial accounting

By Erick K

Nov 24, 2016

Great program and good lecturer. I plan to complete the 7 courses. Anybody interested in this program should go for it.

By Manh N

Jan 6, 2025

I don't have any knowledge in Accouting, after passed the course, I understood more about the philosophy of Accouting

By Ganizani G

Aug 27, 2020

I have acquired the deep insight of understanding of accounting easily with these well planned modules from Coursera.

By Jenny B

Oct 8, 2018

This professor is talented at accounting and explaining terms. I enjoyed the coursera work and highly recommend UIUC.

By Ilis W

Jan 19, 2018

challenging but interesting; I did not expect to learn so much; I now look at balance sheets with knowledgeable eyes.

By Marilia B d S

Mar 13, 2021

Very good introductory course on accounting. Great professor and many opportunities to practice the content learned.

By Sethuhewa R B

Jul 4, 2020

it was helpful me for my current academics, but i couldn't earned my certificate, i don't know what's the problem is

By Harris S

Jan 15, 2017

Very easy to understanding and practical, especially for the beginners like me. It give me confidence to go further.

By Abdiwahab M O

Dec 13, 2020

Very special course, this course deserves a 5 star rating.

will give my special thanks to the University of Illinois

By MUHARREM I

Sep 22, 2019

Very clear videos and examples. I enjoyed during my study. Thanks yo Mr. Urcan and all whoput this course in place.

By Kyle H

Jun 14, 2019

This course was a good basis for financial accounting and was formatted in a way that facilitated quality learning!

By Olwenyi R

May 18, 2020

The course provides the beginning insight to accounting to any person even a non-professionals. Thank you coursera

By John C

Nov 28, 2022

glad to learn some accountant mindset for transaction consideration. Fun, tho some ideas are difficult to grab :)

By Bryan B

May 31, 2023

A great introduction to key principles and transactions often used in financial accounting. Thank you very much!

By Giovanni M P

Sep 15, 2020

The course is great but it should have the long-term assets module. Besides that it was a very worth experience.

By Angelo O A

Apr 14, 2017

What a great course. I built a great foundation of my accounting skills for my future use in the business world.

By Vasvi M

Sep 16, 2019

Excellent course that provides you with in-depth case studies to get a better understanding of the fundamentals

By Leila Z

May 1, 2018

Super great course!I have learnt a lot and am sure this course will do me a lot of benefits in the near future!

By Eun L

Jan 27, 2018

Very good course! short and to the point. More examples would be helpful though to apply to different numbers.

By Akash K

Apr 25, 2020

it was an awesome journey throughout. Get to learn a lot of things which will help me in my corporate carrier.

By Kamal A

Feb 27, 2017

This Course is very Helpful for beginners who are not from Financial field but are very keen to learn finance.

By Alexa R

Apr 23, 2020

I learned so much! There are case studies for each module that really help you learn how to use the material.

By John M

Jun 12, 2020

Great overview of basic accounting. I had accounting in college and this was a very good brief introduction.