Financial Accounting: Foundations
This course is part of Financial Management - Univ. of Illinois Urbana-Champaign.
Course Cost
Free course
Beginner
Skill Level
11 Hours
Self-paced lessons
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Business Data Management and Communication Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
What you'll learn
Record financial transactions and prepare financial statements
Understand fundamental accounting concepts and principles
Master revenue recognition criteria and practices
Learn accounts receivable and inventory management
Analyze financial information for business decisions
Skills you'll gain
This course includes:
2.7 Hours PreRecorded video
23 quizzes, 1 assignment
Access on Mobile, Tablet, Desktop
FullTime access
Shareable certificate
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There are 5 modules in this course
This comprehensive course provides a solid foundation in financial accounting principles. Starting with an overview of financial statements, students learn how to record transactions and understand fundamental accounting concepts. The curriculum covers revenue recognition, accrual accounting, and management of short-term assets, with particular emphasis on accounts receivable and inventory accounting. Through practical examples and case studies, learners develop skills essential for financial statement preparation and analysis.
Course Orientation
Module 1 · 1 Hours to complete
Introduction to Financial Accounting
Module 2 · 2 Hours to complete
Recording Transactions and Financial Statement Preparation
Module 3 · 2 Hours to complete
Fundamental Accounting Concepts and Revenue Recognition
Module 4 · 3 Hours to complete
Short-Term Assets
Module 5 · 3 Hours to complete
Fee Structure
Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: Financial Management - Univ. of Illinois Urbana-Champaign
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Faculties
These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.
Frequently asked Questions
Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.




