4.7
stars
1,586 ratings

Oktay Urcan

45,735 already enrolled

Offered By

Part of the Master of Business Administration (iMBA) degree
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University of Illinois at Urbana-Champaign

About this Course

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In this course, you will explore advanced topics in financial accounting. You will start your journey with accounting for assets with more than one-year life. You will learn in detail how firms account for fixed assets. You will then move to financing of assets and discuss accounting for liabilities. The course will continue with an in-depth exploration of shareholders’ equity. Finally, you will critically evaluate preparation, components, and analysis of cash flows statement. 
Upon successful completion of this course, you will be able to:
•	Account for fixed assets
•	Understand accounting for liabilities
•	Evaluate shareholders’ equity section of a balance sheet
•	Understand preparation and information provided by cash flows statement

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.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

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Approx. 13 hours to complete

English

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Skills you will gain

Cash Flow
Financial Accounting
Cash Flow Statement
Financial Statement

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Approx. 13 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.6/5 (218 Ratings)

Oktay Urcan

Professor of Accountancy

Department of Accountancy, College of Business

137,278 Learners

5 Courses

Offered by

University of Illinois at Urbana-Champaign

Start working towards your Master's degree

This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

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Syllabus - What you will learn from this course

Content Rating97%(5,256 ratings)

Week1

Week 1

2 hours to complete

Course Orientation

2 hours to complete

2 videos (Total 2 min), 5 readings, 1 quiz

3 hours to complete

Module 1: Long-Term Assets

3 hours to complete

7 videos (Total 48 min), 5 readings, 7 quizzes

7 videos

M1L1V1: Overview and Asset Recognition Criteria3mM1L2V1: Fixed Assets6mM1L3V1: Disposal of Fixed Assets3mM1L4V1: Gross vs. Net PPE8mM1L5V1: Accounting for Asset Impairments3mM1L6V1: Walmart Assets3mModule 1 Case Video19m

5 readings

Module 1 Overview10mModule 1 Readings10mModule 1 Example Case Questions10mModule 1 Example Case Solutions10mAdditional Resources10m

7 practice exercises

M1L1 Quiz6mM1L2 Quiz8mM1L3 Quiz6mM1L4 Quiz6mM1L5 Quiz8mM1L6 Quiz6mModule 1 Quiz14m

Week2

Week 2

3 hours to complete

Module 2: Liabilities

3 hours to complete

8 videos (Total 106 min), 4 readings, 7 quizzes

8 videos

M2L1V1: Overview and Liability Recognition Criteria2mM2L2V1: Short-Term Liabilities1mM2L3V1: Long-Term Liabilities8mTime Value of Money24mM2L4V1: Appendix 1: Special Liabilities10mM2L5V1: Appendix 2: Advanced Issues in Bonds25mM2L6V1: Appendix 3: Leases7mModule 2 Case Video25m

4 readings

Module 2 Overview10mModule 2 Readings10mModule 2 Example Case Questions10mModule 2 Example Case Solutions10m

7 practice exercises

M2L1 Practice Quiz6mM2L2 Practice Quiz6mM2L3 Practice Quiz6mM2L4: Appendix 1 Practice QuizM2L5: Appendix 2 Practice QuizM2L6: Appendix 3 Practice QuizModule 2 Quiz12m

Week3

Week 3

3 hours to complete

Module 3: Shareholders’ Equity

One of the major sources of financing for many firms is contributions from shareholders. The shareholders’ equity section of a balance sheet shows details of investments of shareholders. Accounting for shareholders’ equity will help you understand the amount of shareholder investment, the number of shares issued in return by the firm for shareholders, the amount of earnings earned by the firm but not distributed to shareholders, and information about the amount of shares repurchased by the firm from the stock market.

3 hours to complete

6 videos (Total 69 min), 5 readings, 6 quizzes

6 videos

M3L1V1: Shareholders' Equity: Overview2mM3L2V1: Shareholders' Equity: Equity Issuance and Profitability6mM3L3V1: Shareholders' Equity: Distributions3mM3L4V1: Shareholders' Equity: Earnings per Share1mM3L5V1: Appendix 1: Advanced Issues in Shareholders' Equity21mModule 3 Case Video34m

5 readings

Module 3 Overview10mModule 3 Readings10mModule 3 Example Case Questions10mModule 3 Example Case Solutions10mAdditional Resources10m

6 practice exercises

M3L1: Practice Quiz6mM3L2: Practice Quiz10mM3L3: Practice Quiz6mM3L4: Practice Quiz6mM3L5: Appendix 1 Practice QuizModule 3 Quiz16m

Week4

Week 4

4 hours to complete

Module 4: Cash Flows Statement

4 hours to complete

5 videos (Total 71 min), 7 readings, 5 quizzes

5 videos

M4L1V1: Cash Flows Statement: Overview4mM4L2V1: Cash Flows Statement: Preparation15mM4L3V1: Appendix 1: Direct Method of CFO12mModule 4 Case Video33mGies Online Programs3m

7 readings

Module 4 Overview10mModule 4 Readings10mModule 4 Example Case Questions10mModule 4 Example Case Solutions10mAdditional Resources10mCongratulations!10mGet Your Course Certificate10m

4 practice exercises

M4L1: Practice Quiz6mM4L2: Practice Quiz6mM4L3: Appendix 1 Practice QuizModule 4: Quiz16m

Reviews

4.7

289 reviews

5 stars
79.92%
4 stars
15.92%
3 stars
2.70%
2 stars
0.56%
1 star
0.88%

TOP REVIEWS FROM FINANCIAL ACCOUNTING: ADVANCED TOPICS

by BMSep 30, 2018

Presented in a manner that is easy to understand. I like that the coursework is presented as a slide first. Then, the lecture goes over the slides.

by AKMar 1, 2021

The course is good and lecturer do works with details no reseasons not to underndand, I appreciate and I learned many techniques of dealing with accounting problems.

by ASMar 3, 2018

A lot of information to learn in such shorts sessions, but I felt the info and professors delivery kept my interest and challenged my thinking.

by MDSep 25, 2019

Fantastic class, even for those that do not have an accounting background. Incredibly, Prof. Urcan taught multiple advanced topics without ever using the terms 'debit' or 'credit'.

View all reviews

Frequently Asked Questions

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What will I get if I subscribe to this Specialization?
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Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

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Financial Accounting: Advanced Topics

About this Course

Skills you will gain