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Financial Accounting: Foundations

In this course, you will learn foundations of financial accounting information. You will start your journey with a general overview of what financial account...
4.7
4.7/5
(3,776 reviews)
93,774 students
Created by

8.9

CourseMarks Score®

N/A

Freshness

8.6

Feedback

8.7

Content

Platform: Coursera
Video: 4h 32m
Language: English

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Detailed Analysis

CourseMarks Score®

8.9 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness Score

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Student Feedback

8.6 / 10
We analyzed factors such as the rating (4.7/5) and the ratio between the number of reviews and the number of students, which is a great signal of student commitment.

New courses are hard to evaluate because there are no or just a few student ratings, but Student Feedback Score helps you find great courses even with fewer reviews.

Content Score

8.7 / 10
Video Score: 8.2 / 10
The course includes 4h 32m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
Detail Score: 8.1 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 9.8 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

24 articles.
0 resource.
0 exercise.
25 tests or quizzes.

Table of contents

Description

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 onlinemba.illinois.edu.

You will learn

Requirements

The course creator has not defined the requirements for this course.

This course is for

The course creator hasn’t defined the level of this course.

How much does the Financial Accounting: Foundations course cost? Is it worth it?

Access to most course materials is FREE in audit mode on Coursera. If you wish to earn a certificate and access graded assignments, you must purchase the certificate experience during or after your audit.

If the course does not offer the audit option, you can still take a free 7-day trial.

Does the Financial Accounting: Foundations course have a money back guarantee or refund policy?

Coursera offers a 7-day free trial for subscribers.

Are there any SCHOLARSHIPS for this course?

YES, you can get a scholarship or Financial Aid for Coursera courses. The first step is to fill out an application about your educational background, career goals, and financial circumstances. Learn more about financial aid on Coursera.

Who is the instructor? Is Oktay Urcan a SCAM or a TRUSTED instructor?

Oktay Urcan has created 3 courses that got 717 reviews which are generally positive. Oktay Urcan has taught 105958 students and received a 4.59 average review out of 717 reviews. Depending on the information available, Oktay Urcan is a TRUSTED instructor.
Department of Accountancy, College of Business
University of Illinois at Urbana-Champaign
Oktay Urcan is an Associate Professor of Accounting at the University of Illinois. He holds a Ph.D. in Accounting from the University of Texas at Dallas. Prof. Urcan teaches financial accounting related classes at the undergraduate, MBA, Executive MBA, and PhD levels. He has been associated with the University of Illinois since 2014. Before that, he was an Assistant Professor of Accounting at the London Business School in the United Kingdom. Prof. Urcan conducts research in the archival capital markets area. His recent research interests are in the growing interdisciplinary research area called macro-accounting, which studies the interaction between macro-economy and accounting. His research investigates how aggregated accounting numbers help predict important macroeconomic variables including GDP growth, employment growth, and inflation.

8.9

CourseMarks Score®

N/A

Freshness

8.6

Feedback

8.7

Content

Platform: Coursera
Video: 4h 32m
Language: English

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