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.
Formal Financial AccountingUniversity of Illinois at Urbana-Champaign
About this Course
- 5 stars81.63%
- 4 stars14.28%
- 3 stars2.04%
- 2 stars1.45%
- 1 star0.58%
TOP REVIEWS FROM FORMAL FINANCIAL ACCOUNTING
Professor Urcan was excellent in his presentations / lectures. Very useful for me - as a refresher course for what I am currently consulting on.
I recommend this course for non-accounting people, who want to learn and start to know accounting. If you make the exercises and examples you can learn a lot.
wonderful course, I have learned the double entry in this course and understood it perfectly.
Absolutely loved this course! It was a great compliment to the two other accounting classes I have taken
Frequently Asked Questions
When will I have access to the lectures and assignments?
What will I get if I purchase the Certificate?
Is financial aid available?
More questions? Visit the Learner Help Center.