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Financial Accounting

Financial Management,

In this course, you will learn 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 receivables and inventories. Upon successful completion of this course, you will be 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 • Understand revenue recognition principles and how they impact main financial statements • Account for accounts receivables 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

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Rating 4.7 based on 343 ratings
Length 5 weeks
Effort 4 weeks of study, 4-6 hours/week
Starts Oct 31 (77 weeks ago)
Cost $79
From University of Illinois at Urbana-Champaign via Coursera
Instructor Oktay Urcan
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Business Finance

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What people are saying

financial accounting

Clearly laid out and taught concise and excellent, do give me a vivid impression to financial accounting.

Great course to help understand financial accounting.

For the first time in three courses on Financial Accounting I understand the financial statements.

This course covers all basic aspects of financial accounting.

An excellent choice for everyone who wants to understand the basics of Financial Accounting.

I think it is easy to make it sense of basic knowledge of financial accounting.It's good point that actual companies data is used in this course.

It is a good start to pick up Financial Accounting Basic by watching each videos and work on the quizzes.

!? Good and clear explanations to refresh or establish knowledge about financial accounting principles.

nice course Really it's benefit course it's a good course in financial accounting foundations and I real liked the idea of the peer assignment This course is very interesting, Have a basic aproach on accounting but develop the key drivers of financial accounting A great course.

Good foundation class for financial accounting.

Good job GREAT SKILLS TO BE LEARNT very interesting Recommend the Introduction to Financial Accounting Course from UPenn, which is more informative and more engaging.

Great course, with very useful information regarding financial accounting and very helpful examples to understand the course better Great update of finance knoweldge Good accounting course for a beginner!

congratulations... Excelent Introduction to Financial Accounting Very good material for spontaneous understanding.

Very practical and solid foundation for financial accounting.

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easy to understand

Good, well presented course covering the basics in an easy to understand approach.

Instructor provides material in a concise and easy to understand manner and real world examples are given as well via financial statements.

The instructor's accent wasn't easy to understand in some few points.

It is easy to understand,, easy to digest , clear explanation--- even for a person without accounting background.

Brief and clear, very easy to understand Exceptional!

Very easy to understanding and practical, especially for the beginners like me.

Highly recommend it for everyone Excellent and easy to understand Thank you so much, for all the amazing informations I really appreciate your help!

great learning Extremely helpful, easy to understand explanations, enough examples to memorize all the new information.

The lessons are easy to understand and regular practice assignments help in internalizing the concepts learnt.

Very good slides which are well formulated and easy to understand Super initial accounting knowledge Very good to have a basis.

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very good course

Very good course!

Short assets could have been broken up into two weeks ,lifo and fifo were hard very good course Great course, help us to understand and analyse Balance Sheets.

This course really offers an accessible introduction G The course is a very good course.

The course is very relevant to people with little or no accounting background it is a very good course.

MUY BUENO Excellent Very good course.

This is a very good course for those who do not have accounting-related knowledge.

I learn a lot Very good course!

Very good course and very good explanation.

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recommend this course

wonderful experience Even as a student majoring in Finance, I would like to recommend this course to those who wants to get a basic idea of accounting and finance!

I enjoyed the practice quizzes after each instructional video and will recommend this course to friends.

I totally recommend this course.

Great Excellent course because the course give me the knowlegde to understand the topics of CFA level 1 (FRA) I would recommend this course!

I would highly recommend this course to anyone seeking a basic understanding of Accounting.

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very useful

It's a very useful courseI highly recommend Excellent This course offers a very limited scope of accounting.

This is a very useful course for me on my job, for the property insurance claim requires me to understand what the balance sheets are talking about Very structured and easy understanding course content.

Find it really useful and like the short video for every module Very useful good, but need to pay to attend test great foundation course!

very useful course I am a cma candidate iam a self-taught the matrial were super lovedthIscourse!easytounderstandandverypractical.

Very useful, have much better understanding of basic accounting now!

Very useful Very clear e usefull course!

Very useful!

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financial statements

Very interesting for starting in finance accounting Great class as an introduction to financial statements!

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).

The course is very helpful to introduce you to the basic one of the financial statements.

Good basic course for non financial people, you learn the basic on reading financial statements VERYGOODCOURSETO REVIEW THE LEARNINGS It's a very Good Online Course for the Working personals to review the Learnings Once Again !!

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An overview of related careers and their average salaries in the US. Bars indicate income percentile.

Financial Accounting Representative $37k

Financial Accounting Professional $38k

Financial Accounting Analyst 4 $48k

Accounting & Financial Analyst 1 $52k

Financial Accounting Advisor $57k

Financial Accounting Clerk 2 $61k

Financial Accounting Clerk $62k

Accounting / Financial Analyst $63k

Financial Accounting and Reporting $66k

Financial / Accounting Analyst $68k

Financial Accounting - Accountant $71k

Accounting & Financial Reporting $95k


Sorted by most helpful reviews first

Guest says:

A very good course. I took some accounting classes many years ago and needed a refresh for a new job. The professor has a very good approach to teaching that makes it easy to understand the principles. The quizzes and modules strengthened my understanding. If you're very serious about accounting, I recommend taking the entire specialization. It's worth the time and definitely worth the money.

Guest says:

Professor Urcan is an excellent teacher. This course is perfect if you need to build a strong foundation to accounting. I have taken accounting courses before and very few others make these topics which can be very dry at times so engaging. The only thing I would say is that the professor does have somewhat of a strong accent, so if English is not your first language - it is not mine- it can be a little difficult sometimes. Otherwise a great introduction!

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Rating 4.7 based on 343 ratings
Length 5 weeks
Effort 4 weeks of study, 4-6 hours/week
Starts Oct 31 (77 weeks ago)
Cost $79
From University of Illinois at Urbana-Champaign via Coursera
Instructor Oktay Urcan
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Business Finance

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