This course builds upon what you learned in Financial Accounting: Foundations and Financial Accounting: Advanced Topics and introduces you to formal foundations of financial accounting. The main purpose of the course is to familiarize you with technical terms in financial accounting, such as debit, credit and T-account. While knowledge on technical aspects of financial accounting is not necessary to understand and interpret financial statements, this knowledge is critical to be able to understand advanced topics in accounting. Formal Financial Accounting is a prerequisite course for the University of Illinois' iMSA program and the terminology we will cover will be used throughout the courses in iMSA program.
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Formal Financial Accounting
Universidade de Illinois em Urbana-ChampaignUniversidade de Illinois em Urbana-ChampaignInformações sobre o curso
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Course Orientation
Module 1: Introduction to Financial Accounting Terminology
Module 2: Formal Financial Accounting for Assets
Module 3: Formal Financial Accounting for Liabilities and Shareholders’ Equity
Module 4: Applications of Formal Financial Accounting
Avaliações
- 5 stars81,63%
- 4 stars14,28%
- 3 stars2,04%
- 2 stars1,45%
- 1 star0,58%
Principais avaliações do FORMAL FINANCIAL ACCOUNTING
The course ties in the other ones nicely. Its "final exam" was a great real-world application. It should've been combined with the other two classes though!
Really good course and the instructor explains very well the material.
Very helpful and full of information. In my opinion it would be even better if it was a bit slower and a bit more analytical. My 4 stars is more like 4 stars and a half.
wonderful course, I have learned the double entry in this course and understood it perfectly.
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