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

4.8
stars
1,379 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

AA

Jan 24, 2021

The course is very informative and the instructor's methodology, knowledge, and the quality of education material provided made it very easy to understand.

CD

Nov 20, 2017

Thanks for the awesome course. I understand more about the balance sheet and the basics of accounting and why it's necessary in the business world.

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176 - 200 of 326 Reviews for Understanding Financial Statements: Company Position

By Haifa A

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Jun 26, 2021

I benefited from this course

By Ann K

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Apr 12, 2021

Was very engaging and clear.

By MINHAZUL A

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Oct 23, 2020

very impeccable this course.

By leissy c

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Jan 13, 2024

I really loved this coarse.

By Khánh H N

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Nov 11, 2021

This course is very helpful

By Sonam

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Jul 19, 2020

Great course for beginners!

By Abhishek B

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May 2, 2020

A good course for beginners

By Sajid S

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Nov 7, 2017

learned about balance sheet

By Ashenafi N

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Oct 29, 2017

Great course for beginners!

By Azim D

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Jun 25, 2020

easy to understand course.

By Siebe K

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May 18, 2017

Nice course, wel explained

By Poly A

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Oct 2, 2024

It is a ver useful course

By DANIEL A

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Jul 17, 2020

great plat form of study.

By ACHARYA H K

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Jun 23, 2020

Great Course for beginers

By 张开宇

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Feb 10, 2017

excellent interpretation!

By Catherine F

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Feb 28, 2021

Such a great instructor!

By Anushka K

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Aug 17, 2020

Very nice course 🙂💯💯.

By Namazova D M

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Jul 11, 2020

thank you for everything

By Nadia S

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Jul 7, 2020

best for beginner level

By Daniel A

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Jul 1, 2020

Wonderful course to take

By Lina

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Sep 30, 2024

The course was great.

By ABDULMAJED Y A

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Aug 4, 2021

Excellent experience.

By Mr. S G

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Jun 10, 2020

Very creatively made.

By Isaac G

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Apr 27, 2020

The course is helpful

By Yasin Y

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Mar 14, 2025

the course is valued