Informações sobre o curso
4.6
149 classificações
32 avaliações
This course is designed to provide a basic understanding of financial statements with an emphasis on the income statement. Building on the foundation formed in the first course, you will learn about the third of our three measurement questions and how the income statement helps to answer this final measurement question. Returning to the real business people introduced in the first course, this second course describes the basic content of income statement in a simple yet relevant context. The course ends by summarizing many of the lessons learned in both courses to leave you with a lasting impression about what financial statements are and how accounting can work for you. We all know that accounting is “the language of business”; let’s make learning this language engaging, and perhaps even fun! Upon successful completion of this course, you will be able to: • Describe the purpose of an income statement. • Define the basic components of an income statement. • Recognize and understand the meaning of several items typically presented on an income statement. • 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 income statements. 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 onlinemba.illinois.edu....
Globe

cursos 100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Calendar

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.
Beginner Level

Nível iniciante

Clock

Approx. 7 hours to complete

Sugerido: 4 weeks of study, 2-4 hours/week...
Comment Dots

English

Legendas: English...

Habilidades que você terá

Income StatementFinancial RatioFinancial StatementBalance Sheet
Globe

cursos 100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Calendar

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.
Beginner Level

Nível iniciante

Clock

Approx. 7 hours to complete

Sugerido: 4 weeks of study, 2-4 hours/week...
Comment Dots

English

Legendas: English...

Programa - O que você aprenderá com este curso

Week
1
Clock
1 hora para concluir

Course Orientation

You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course....
Reading
5 leituras, 1 teste
Reading5 leituras
Syllabus10min
About the Discussion Forums10min
Glossary10min
Updating Your Profile10min
Social Media10min
Quiz1 exercício prático
Orientation Quiz10min
Clock
1 hora para concluir

Module 1: How Did You Perform? Introducing the Income Statement

This module introduces you to the primary components of the income statement by focusing on the concepts of revenue and cost of goods sold. ...
Reading
2 vídeos (Total de 15 min), 2 leituras, 3 testes
Video2 videos
1-2. A Look at Cost of Goods Sold6min
Reading2 leituras
Module 1 Overview10min
Module 1 Readings10min
Quiz3 exercícios práticos
Lesson 1-1 Practice Quiz4min
Lesson 1-2 Practice Quiz4min
Module 1 Quiz40min
Week
2
Clock
1 hora para concluir

Module 2: Finishing Out the Income Statement and Managing Cash

This module discusses examples of other income and expenses included in a typical income statement and introduces you to the statement of cash flows....
Reading
2 vídeos (Total de 21 min), 2 leituras, 3 testes
Video2 videos
2-2. How Did You Manage Cash?10min
Reading2 leituras
Module 2 Overview10min
Module 2 Readings10min
Quiz3 exercícios práticos
Lesson 2-1 Practice Quiz4min
Lesson 2-2 Practice Quiz4min
Module 2 Quiz40min
Week
3
Clock
1 hora para concluir

Module 3: Final Elements of Financial Statements

This module highlights common notes to the financial statements and provides insights from an expert. ...
Reading
2 vídeos (Total de 21 min), 2 leituras, 3 testes
Video2 videos
3-2. The Auditor’s Report8min
Reading2 leituras
Module 3 Overview10min
Module 3 Readings10min
Quiz3 exercícios práticos
Lesson 3-1 Practice Quiz4min
Lesson 3-2 Practice Quiz4min
Module 3 Quiz40min
Week
4
Clock
3 horas para concluir

Module 4: Wrapping Up Financial Statements and What Lies Ahead

This module revisits what the first two courses of the Fundamentals of Accounting Specialization have covered and examines how ratio analyses can help you evaluate a company....
Reading
2 vídeos (Total de 16 min), 2 leituras, 4 testes
Video2 videos
4-2. Looking Back and Ahead9min
Reading2 leituras
Module 4 Overview10min
Module 4 Readings10min
Quiz3 exercícios práticos
Lesson 4-1 Practice Quiz4min
Lesson 4-2 Practice Quiz4min
Module 4 Quiz40min
4.6

Melhores avaliações

por TBFeb 27th 2017

Great set of courses for a beginner in the accounting field. Informative and well taught. Thanks to Kevin Jackson for making potentially complicated subject matter simple and easy to relate to.

por MKAug 17th 2017

Outstanding course. The instructor does an excellent job of simplifying complex ideas to make your learning and understanding more meaningful and easy to grasp.

Instrutores

Kevin E. Jackson

Associate Professor of Accountancy and PwC Faculty Fellow
Department of Accountancy, College of Business

Sobre University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

Sobre o Programa de cursos integrados Fundamentals of Accounting

Accounting is the “language of business.” Being able to understand this language allows individuals both inside and outside of an organization to join the “conversation” about how the organization is performing and how it can improve future performance. Financial accounting focuses on the reports that managers generate to provide interested external parties a summary of the firm’s financial position and operations. Managerial accounting focuses on the information and the analytical tools and techniques that help managers and employees make the right business decisions. In this Specialization, you will learn the fundamentals of both of these purposes of accounting. More specifically, you will understand the financial statements that managers create, and be able to interpret and analyze these statements to assess the financial position of the organization. You will also identify and understand the nature, purpose, and importance of different types of decision-useful accounting information, and use analytical tools and techniques to use this information to make business decisions. Via the capstone, you will apply these fundamentals via the lens of a new business, creating a business plan, forecasts and budgets, and anticipated information needs for decisions made by you as owner and manager, your employees, and external parties such as future shareholders, creditors, and other constituents....
Fundamentals of Accounting

Perguntas Frequentes – FAQ

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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