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Voltar para Understanding Financial Statements: Company Position

Comentários e feedback de alunos de Understanding Financial Statements: Company Position da instituição Universidade de Illinois em Urbana-ChampaignUniversidade de Illinois em Urbana-Champaign

1,148 classificações

Sobre o curso

This course is designed to provide a basic understanding of financial statements with an emphasis on the balance sheet. However, to understand accounting driven financial statements, it is important to recognize that accounting is less about counting and more about measuring. “What is it that is being measured?” Well, as the course unfolds, you will learn about the three measurement questions and how the balance sheet helps to answer the first two of these questions. By touring a real company and interviewing real business people, the course describes the basic content of financial statements in a simple yet relevant context. The goal of the course is to leave a lasting impression about what balance sheet consists of and what it reveals. The next course in the Fundamentals of Accounting Specialization completes the conversation by addressing the remaining measurement question. Upon successful completion of this course, you will be able to: • Describe the purpose of a balance sheet. • Define the three components of a balance sheet. • Recognize and understand the meaning of several items typically presented on a balance sheet. • Explain the broader purpose of financial statements and the role of accounting in producing the financial statements. • Read and, to some extent, interpret real-world balance sheets. If you enjoy this business course and are interested in an MBA, consider applying to the iMBA, a flexible, fully-accredited online MBA at an incredibly competitive price offered by the University of Illinois. For more information, please see the Resource page in this course and

Melhores avaliações


2 de dez de 2020

Having worked with accountants for 11 years but only taking a few accounting classes in college, this taught me many things that help me better understand what the accountants are talking about.


21 de mai de 2020

Really great course and a useful one in terms of clearing the finance terms and how a company creates a balance sheet and how can we evaluate a company's position by looking at one's sheet.

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226 — 250 de 268 Avaliações para o Understanding Financial Statements: Company Position

por Michael W

18 de jan de 2017

This course focuses entirely on how to read a balance sheet. You will learn the three principal parts of a balance sheet (assets, liabilities, and equity), how they relate to each other, and how they describe the underlying position of the company. This is illustrated by the professor talking to a number of small businesses in the Urbana-Champaign area.

If you have no experience with accounting or finance, this is probably a great place to start. It's a gentle introduction. However, while the focus on local businesses is interesting, a relatively large amount of time is spent learning about these businesses and their owners without necessarily teaching much about accounting or balance sheets in general.

por Raghavendra C

4 de mai de 2021

The course was a good introduction to the balance sheet. It not only taught how to prepare, use and interpret the balance sheet, but also touched upon the very important aspect of why a balance sheet may be required for anyone looking into. Do go through the suggested readings to further explore on the topics discussed. However, a little more practice examples on how to interpret and compare balance sheets would have helped solidify the understanding, for which I had to research separately online.

por Sanskar V

19 de out de 2020

The course was very good for understanding basics of financial statements, especially the balance sheet. But the course content/syllabus is too small compared with the time provided for course completion. A person could easily complete this course within a week or two max but the time provided was more than a month. The video lectures were great and very practical as the instructor visits several businesses to help us get a practical understanding of the line items on the balance sheet.

por Marco F

25 de ago de 2016

I think it's a good way to introduce the world of "accounting" but I think videos need to be more specific and I would have appreciated if there was some practical exercise and not only quiz! But all the informations are exposed clearly.

por Sam S

20 de nov de 2016

Thank you for the work and creative idea of presenting the information. I now feel as though I have an idea or overall gist of financial statements, however, I would like to get into the ratios and analysing part of these statements.

por Baghwath G B

22 de nov de 2017

This course explains things in a simple language so that everybody can understand. The faculty is so good . Example videos are also so good and he asks the apt questions , so that the views can understand the concept. Kudos

por Bhargav L S

7 de mai de 2020

A great course and very well explained with the use of practical exposure, i would recommend it for every finance aspirant out there to learn and it is also very easily, clearly explained by the professor.

por John E S

25 de mar de 2018

Quite good course, but could have been more comprehensive in my opinion. Compared to other Coursera courses I have taken, it did not require so much work.

por Regan R

15 de out de 2017

Easy to follow, great case studies, thoroughly enjoyable. I do wish my final assignment was graded by a professor in addition to my peers.

por Abdulhadi H M A

1 de jun de 2020

The final score must not depend on the peer grade given but the final GPA must come from the responsible one to have fair final point.

por Janki P

19 de ago de 2020

It would be better if the basics of financial statements were explained a bit more for someone attending the course as a beginner

por Sherry M B

22 de jul de 2020

The music was annoying didn't need it everytime there was a new lesson. Other than that it was a giid review for an accountant.

por Kevin S

13 de mar de 2017

I found this course to be a good introduction to reading a balance sheet, with a lot of personal examples.

por Werner G

20 de jan de 2021

Good basic course. But only the tip of the iceberg in understanding the real position of a company

por Saad Y

6 de jul de 2020

It was very nice and new experience of learning such a great, practical and exposure based course.

por Amit T

10 de mai de 2020

It was a great learning and got the base set for future understanding and using statements now.


28 de ago de 2020

Good course which one can join to understand the basics of financial performance of companies.

por Mark S

4 de mar de 2019

Well done with very easy-to-understand concepts. The presentation was very good.

por Hadish

18 de jan de 2017

It was very very nice.I go forward more steps.I am so glad to take this course.

por Ahmed B

20 de jul de 2017

Excellent course. I have really enjoyed the course.

Thank you Prof.

por Prossie

20 de dez de 2016

I made the right choice when I chose to take on this course

por T. J I

24 de mai de 2020

A sound introductory class to reading balance sheets.

por Jessica C B

8 de dez de 2016

I learned so much, and the format was easy to follow.

por Abu B S

15 de set de 2020

The lectures were well presented, thumps up sir,

por Pankaj A

27 de jul de 2021

Good to understand the basic's of balance sheet