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    Back to Financial Accounting: Foundations

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

    Filled StarFilled StarFilled StarFilled StarHalf Faded Star
    4.7
    stars
    4,541 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 success...
    ...

    Top reviews

    YP

    Jun 7, 2020

    Filled StarFilled StarFilled StarFilled StarFilled Star

    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

    Filled StarFilled StarFilled StarFilled StarFilled Star

    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.

    Filter by:

    76 - 100 of 1,022 Reviews for Financial Accounting: Foundations

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    By Jolly B M

    •

    Jan 4, 2021

    The overall review of the course in my personal opinion has been outstanding, It has given me a wide understanding on the accounting course and has equipped me to fully apply the lessons learnt in my day to day tasks to help me fully undertake my daily career. The course has widened my understanding and opinions to a certain standard.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Johan P

    •

    Nov 21, 2020

    I am very pleased to have the opportunity to learn in Coursera and with Ilinois University that was amazing for me in terms of new knowledge and the tools that you have used to tackle and faced all of the subjects.Thanks a lot and I am very excited to start the second module of this Specialization counting with your aid and support.

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    By CAMPOS S J O

    •

    Jun 29, 2020

    Everything in the course is very logical and easy to follow, the cases help with further developing the skills that we learn throughout the course. I would only have to say that the final module (i.e. module 4), increases the level of complexity by a lot, compared to the increase in complexity from module 1 to module 2 and module 3.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Pablo B D (

    •

    Mar 7, 2017

    In my humble opinion this course has been excellent to me, I found it amazingly interesting, I have never worked the balance sheet and there is a lot to get to know yet but the course got my deepest interest and I wish everybody to do this course, the professor Oktay Urcan is perfect, I like the teaching a lot.!!

    Thanks Coursera!!😊

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Tran H D

    •

    Aug 1, 2023

    One of the most insightful, concise and very practical introduction to accounting course. There are a few great cases for students to get a real-world application of their accounting concept. The cases materials gave students a lot of confidence that they can comprehend and understand financial statements of the biggest corporates

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Daniel P

    •

    Aug 22, 2020

    This course covers the most important topics in accounting and it also provides a lot of real world use cases with balance sheets of real companies. Going through these use cases will boost your confidence that you did not "only" learn some theory but that you can also apply your knowloedge.

    Thank you for providing the course!

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Ryan J

    •

    Mar 19, 2018

    Great course as a refresher on some of the core accounting concepts. Instructor provides material in a concise and easy to understand manner and real world examples are given as well via financial statements. Quizzes allow you to work through examples and ensure you understand concepts without being overly easy or difficult.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Sharie C

    •

    Sep 16, 2020

    This course was very informative. It had supported documentation and step by step example of how to go about calculating . Each lesson taught was straight forward and one can easy follow. Overall I rate this course a 5star the only thing am having problem getting my certificate after the dedication and time I invested.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By John P

    •

    Jun 16, 2021

    Excellent course for a refresher in financial accounting. The modular aspect and how the content was broken up with frequent practice quizzes and then a larger practice problem set--complete with solutions in paper and video--for each section was very effective. Prof. Urcan was very effective and clear in lectures.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Janette H

    •

    Oct 10, 2017

    The Course is very practical. I really appreciate the practice quizzes since they allow me time to have a greater understanding of each lectured session. A very good course that I would recommend to anyone who desires to improve or refresh their knowledge of the principles that were explained in all the modules.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Krittika U

    •

    Apr 12, 2020

    This course made me understand basics of Accounting easily. I had read many books before taking this course but I was struggling to understand the basics. Prof Urcan explains all the cumbersome concept in ease and all the relevant case questions help in understanding the practical implications of accounting.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Blessings M M

    •

    Oct 10, 2022

    Excellent, full skilled course and proffessional lecture. It brings world at home through critical lessons. Other side this is a game changer in the way the modules are corresponding one to the other. In the same way, students' potential in the higher learning are being recognised and address with care.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Luis F R M

    •

    May 13, 2020

    Really an amazing course, I have learnt so much more than what i was expecting. Really it shows the amazing quality that the professors have in this university, and the good teaching techniques they have. It was not easy but i am very satisfied with all the topics discussed and the activities. Great job.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By A P

    •

    Dec 15, 2019

    It's an Great opportunity to learn the Financial Accounting and various account method usage depending upon the Nature of Business .

    I have very confused in beginning to understand the LIFO and FIFO later on its an very interested subject to learn and understand the COGS and inventory balance calculated.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Nicky F

    •

    Sep 29, 2020

    It was a wonderful course. The instructor explained the concepts very clearly which helped me a lot in completing all graded assignments without much revision. Would highly recommend this course to all young and budding aspirants who are looking to be successful in the accounting and finance domain.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Sri v v

    •

    Sep 22, 2020

    I thank Professor Oktay Urcan from the depths of my heart. His segmented, practical, assessment, and analysis based teaching instilled a lot of confidence and I now understood 3 statements, terminologies, and a lot more. His material is invaluable. Thank you Illinois Urbana university and Coursera.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Maturana M H Y

    •

    Sep 21, 2020

    Excellent. I learned too much about how balance sheet management, financial statement records and transactions are handled internationally. managing individual accounts, accrual accounting among other things. In conclusion, it was wonderful and great to learn about new topics. Thank you very much.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Julio Q

    •

    Jun 4, 2017

    The course very much helped, I knew some basic stuff but the content has greatly helped me to understand the foundations of the main financial statements (balance sheet, income statement and cash flow statement). I will use the learnings now that I am setting up an e-commerce company.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Biswarup M

    •

    Aug 12, 2021

    Awesome course module, the lecturer is brilliant, He is just excellent to explain each and every tropic, and how the total course has been design with proper exercise with real case studies, its impressive. Like the course and lecturer very much. thanks for this awesome course.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By haider f a a

    •

    Jun 3, 2018

    I am Haidar Faraj from Iraq

    Because Corsira is a world-renowned site where it contains the most important certificates issued by the best universities, and can be given financial support for those who wish to study and have no money.

    Thank you .. With warm greetings

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Laura D B

    •

    Jul 15, 2020

    This course is very complete. I am professional in Finance but there was new content for me. Thank you to the teacher, his explanations are very clear and complete. Moreover, I loved the cases, which help you to practice a lot an to apply the lessons in real cases.

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    By VINAY M

    •

    May 6, 2017

    Oktay is awesome. To be honest, his lessons and manner of delivery is what kept me going. Appreciate the hardwork put behind the team in putting this in such an intuitive format. Course is worth every second spent on it which even if it meant missed soap-operas :-)

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Messias U

    •

    Nov 11, 2017

    I loved the first week. For the first time in three courses on Financial Accounting I understand the financial statements. The exposition Prof. Urcan offers is plain and straightforward. Accounting made easy. I said "made" because it is not. The Prof made it easy.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Tushar T

    •

    Jul 5, 2020

    It was a wonderful journey of 4 weeks with the course controller, Associate Professor OKtay Urcan. The way he had put up the course is just so easy for any student to grasp in. The course material is so interesting that everything is deeply engraved in m mind.

    Filled StarFilled StarFilled StarFilled StarFilled Star

    By Ziad A

    •

    Jul 4, 2024

    Excellent. Detailed and tailored to help you explain all the concepts in theory and practice. Very concise explanations. It looks like there is a need to bring the concept of double-entry accounting into that course, but I don't know how. Otherwise, Kudos.

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