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Learner Reviews & Feedback for Understanding Financial Statements: Company Position by University of Illinois at Urbana-Champaign

4.8
stars
1,279 ratings

About the Course

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 onlinemba.illinois.edu....

Top reviews

MN

Jan 15, 2024

The course has been an interesting learning journey, getting clarity on what we use financial statements of a company for, to learning it's measurement to get the results of the company position.

CR

Dec 2, 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.

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226 - 250 of 300 Reviews for Understanding Financial Statements: Company Position

By José A S R

Apr 25, 2018

Excellent!

By Andrew N

Jan 14, 2022

educative

By serdar a

Mar 31, 2021

excellent

By Paloma S d J

May 18, 2019

Excellent

By Daniel C

Nov 15, 2017

Excelent.

By TAMER E

May 27, 2023

Ramazing

By Aiman S

Aug 11, 2022

good ond

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Jan 10, 2021

perfect

By Ramona F

Mar 9, 2022

GREAT!

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Mar 30, 2021

5stars

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Feb 16, 2022

great

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Sep 25, 2021

super

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Aug 30, 2021

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Mar 1, 2021

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Jul 6, 2020

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Nov 20, 2016

great

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Aug 9, 2016

great

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Sep 10, 2023

good

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Nov 28, 2020

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Nov 28, 2020

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Oct 26, 2020

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Oct 8, 2020

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Jun 22, 2020

goog

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Aug 17, 2019

good

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Nov 5, 2016

good