• Anytime
    Application Deadline
  • 1 month
    Duration
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Overview

In this Financial Accounting - Foundations offered by Coursera in partnership with University of Illinois at Urbana Champaign, you will learn foundations of financial accounting information. You will start your journey with a general overview of what financial accounting information is and the main financial statements. You will then learn how to code financial transactions in financial accounting language. 

In the meantime, you will learn about the most important concept in contemporary financial accounting: accrual accounting. You will then critically analyze how firms recognize revenues. Finally, you will finish the course with an analysis of accounting for short-term assets where you will go into detail on how firms account for accounts receivables and inventories. 

Upon successful completion of this course, you will be able to:

  • Understand main financial statements and the financial information they provide
  • Write a financial transaction in financial accounting language and understand how this impacts main financial statements
  • Understand how accrual accounting and fundamental accounting concepts work
  • Understand revenue recognition principles and how they impact main financial statements
  • Account for accounts receivables and inventories.  

Detailed Programme Facts

  • Deadline and start date A student can apply at any time for this programme, there is no deadline.
  • Programme intensity Part-time
    • Average part-time duration 1 months
    • Duration description
      • Approx. 15 hours to complete
      • Suggested: 4 weeks of study, 4-6 hours/week
  • Languages
    • English
  • Delivery mode
    Online
  • More information Go to the programme website

Programme Structure

Courses include:

  • Introduction to Financial Accounting
  • Recording Transactions and Financial Statement Preparation
  • Fundamental Accounting Concepts and Revenue Recognition
  • Short-Term Assets

Details on Coursera Plus:

  • Learn Anything: Explore any interest or trending topic, take prerequisites, and advance your skills
  • Save money: Spend less money on your learning if you plan to take multiple courses this year
  • Flexible Learning: Learn at your own pace, move between multiple courses, or switch to a different course
  • Unlimited Certificates: Earn a certificate for every learning program that you complete at no additional cost

English Language Requirements

This programme may require students to demonstrate proficiency in English.

Tuition Fee

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Visit Programme Website

Funding

Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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