In this course, you will explore advanced topics in financial accounting. You will start your journey with accounting for assets with more than a 1-year life. You will learn in detail how firms account for fixed assets. You will then move on to the 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 the preparation, components, and analysis of the 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, and
• 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.
Status: Financial Accounting
Financial Accounting
Status: Equities
Equities
Intermediate·Course·12 hours
Featured reviews
5.0
·Reviewed Jan 29, 2017
Great course for someone who has some background in financial accounting. the videos are short and precise and the concepts are explained in an easy to understand manner. Well donel
5.0
·Reviewed Mar 30, 2023
This the great course of all time, the breakdown of the subject matter into tiny little bits is something that is remarkable and worth celebrating
5.0
·Reviewed Jul 11, 2020
Great course on financial accounting. Concepts were explained precisely and the appropriate examples and case studies were helpful to work with the actual data. Highly suggested course.
4.0
·Reviewed Sep 12, 2020
Difficult but very informative and material is high quality and professor is very helpful but I felt so sessions deserved more time to grasp
4.0
·Reviewed Nov 4, 2020
The course was a great one with great experiences but am finding it difficult to verify my ID and get my certificate. Can I be helped, please
5.0
·Reviewed Jul 8, 2020
An excellent, detailed course. Perfect for finance students. Prof. Urcan is very good at explaining the key concepts. I loved it and will recommend it.
4.0
·Reviewed Sep 20, 2019
update: Professor Oktay Urcan took extra care in making couple of videos to help me understand the course content better. I really appreciate your time and effort to help me in this regard. Thank you
5.0
·Reviewed Apr 23, 2020
Oktay Urcan, Associate Professor of Accountancy, has provided me with quality training and help enrich my knowledge in all of the courser's topics. I highly advise taking this course.
4.0
·Reviewed Oct 29, 2020
The course content and lectures provided by the professor are engaging and enlightening, followed by practical examples are really excellent
5.0
·Reviewed Mar 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.
5.0
·Reviewed Jul 8, 2020
Very well organized this course. Each advance financial accounting topic was discussed properly. I am very glad and thankful to the professor.
5.0
·Reviewed Mar 7, 2020
Thanks to professor Oktay, though I have no background in accounting, the course was very helpful to understand the accounting principles covering advanced topics and concepts.
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A
Anurag
5.0
·Reviewed May 21, 2020
It was very good course and the professor has very good knowledge and experience pertaining to the subject. He explained all the topics in great details and his methods are very good and descriptive.
M
Mohamed
5.0
·Reviewed Apr 24, 2020
Oktay Urcan, Associate Professor of Accountancy, has provided me with quality training and help enrich my knowledge in all of the courser's topics. I highly advise taking this course.
T
THU
5.0
·Reviewed Apr 11, 2020
This course provides learners a comprehensive understanding of Advanced Topics in Financial Accounting. The cases are practical and helpful in the real life. I would like to say thanks a lot to the instructor, Associate Professor Urcan, and Coursera for the excellent connection over the world.
J
Jen
5.0
·Reviewed Oct 1, 2018
This professor is wonderful! He explains things in a way that makes this potential complex topic simple to understand. He is committed to ensuring his students understand the material and adds an element of humor through his teachings.
M
Mehboob
5.0
·Reviewed Sep 26, 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'.
R
rohit
5.0
·Reviewed Jan 16, 2017
The advanced topics on the financial accounting have been really an interesting journey. I have more confidence in what I do now. Looking forward to the other courses of this specialization.
D
Dhinesh
5.0
·Reviewed Jul 12, 2020
Great course on financial accounting. Concepts were explained precisely and the appropriate examples and case studies were helpful to work with the actual data. Highly suggested course.
H
Hardik
5.0
·Reviewed May 9, 2020
The Professor for this course, Oktay Urcan is an incredible guide and motivator. His course layout and extra assignments help a long way in the understanding the course better.
L
L.
4.0
·Reviewed May 23, 2020
This course was perfect for someone who has had exposure to accounting in work or school before, but maybe has not practiced it. It has great coverage, but superficial depth, so it is more appropriate for managers or technical staff that want to understand high-level concepts than for accountants.
J
John
5.0
·Reviewed Jan 20, 2020
I highly value the actual data from the industry of Financial Statement used by this program. This somehow gave me a working experience on what to look at the Financial Statement.
This also trains the financial eye to become critical on the information in particular the notes of the financial statement.
I felt more confident now after taking this course.
A
Anton
5.0
·Reviewed Aug 3, 2020
This course was as intresting as previouse one. IMHO you shoudn`t split cousres about financil accounting in foundations and advanced levels because they are two parts of a whole.
A
Asem
5.0
·Reviewed Mar 8, 2020
Thanks to professor Oktay, though I have no background in accounting, the course was very helpful to understand the accounting principles covering advanced topics and concepts.
C
Cornelia
5.0
·Reviewed Jan 22, 2019
Briliant! I went from 0 to 100 in a month - compact, clear and meaningful. Prof Urcan is a great teacher. Do both certificates in fundamentals and advanced.
J
Jenny
5.0
·Reviewed Oct 7, 2018
I think accounting is one of the more challenging courses in an MBA. The professor does a wonderful job explaining accounting and gives lots of examples.
B
Brian
5.0
·Reviewed Oct 1, 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.
A
Allen
5.0
·Reviewed Mar 4, 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.
K
kidanemariam
5.0
·Reviewed Jul 21, 2019
I have learned a lot from this course. All the materials and methodologies involved here are interesting and very helpful. I recommend an
A
Arvind
5.0
·Reviewed Jun 14, 2019
Excellent course, the topics in which are very useful for accountants, auditors, management and accountancy students. Highly recommended.
W
WILLIAM
5.0
·Reviewed May 10, 2017
Great presentations. Complex subjects are presented clearly. Also good materials that I could download for future reference.
L
Li
5.0
·Reviewed Apr 9, 2018
Nice course, the lectures are well-organized and illustrated with good examples and explanations.
The only imperfection is that participants seem scarce, I had to wait a few days before my assignments were reviewed.
Actually, I've helped several classmates who have been waiting for even longer, maybe the course TAs can help with that?