Financial Accounting: Foundations
Master fundamental accounting principles, financial statements, and transaction recording for business decision-making.
Master fundamental accounting principles, financial statements, and transaction recording for business decision-making.
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Business Data Management and Communication Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
4.7
(4,420 ratings)
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Instructors:
English
پښتو, বাংলা, اردو, 3 more
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What you'll learn
Record financial transactions and prepare financial statements
Understand fundamental accounting concepts and principles
Master revenue recognition criteria and practices
Learn accounts receivable and inventory management
Analyze financial information for business decisions
Skills you'll gain
This course includes:
2.7 Hours PreRecorded video
23 quizzes, 1 assignment
Access on Mobile, Tablet, Desktop
FullTime access
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There are 5 modules in this course
This comprehensive course provides a solid foundation in financial accounting principles. Starting with an overview of financial statements, students learn how to record transactions and understand fundamental accounting concepts. The curriculum covers revenue recognition, accrual accounting, and management of short-term assets, with particular emphasis on accounts receivable and inventory accounting. Through practical examples and case studies, learners develop skills essential for financial statement preparation and analysis.
Course Orientation
Module 1 · 1 Hours to complete
Introduction to Financial Accounting
Module 2 · 2 Hours to complete
Recording Transactions and Financial Statement Preparation
Module 3 · 2 Hours to complete
Fundamental Accounting Concepts and Revenue Recognition
Module 4 · 3 Hours to complete
Short-Term Assets
Module 5 · 3 Hours to complete
Fee Structure
Instructor
Professor of Accountancy at the University of Illinois specializing in mergers, acquisitions, and archival financial accounting.
Oktay Urcan is a Professor of Accountancy and the Academic Director of iDegrees at the University of Illinois Urbana-Champaign. He holds the Josef and Margot Lakonishok Faculty Fellowship and the Fred & Virginia Roedgers Faculty Fellowship in Accountancy. Urcan joined the university in 2014 after serving as an assistant professor at London Business School. His research focuses on archival financial accounting, particularly the relevance of accounting information in debt markets and accounting disclosures. He teaches courses such as "Accounting for Mergers and Acquisitions: Foundations" and "Financial Accounting: Advanced Topics." Urcan has received multiple accolades for his teaching excellence, including being listed among the Teachers Ranked as Excellent at Illinois.
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4.7 course rating
4,420 ratings
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