UIUC - Accounting Analysis I: The Role of Accounting as an Information System
- Offered byCoursera
Accounting Analysis I: The Role of Accounting as an Information System at Coursera Overview
Duration | 25 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Difficulty level | Intermediate |
Official Website | Explore Free Course  |
Credential | Certificate |
Accounting Analysis I: The Role of Accounting as an Information System at Coursera Highlights
- Shareable Certificate Earn a Certificate upon completion
- 100% online Start instantly and learn at your own schedule.
- Course 1 of 5 in the Financial Reporting Specialization
- Flexible deadlines Reset deadlines in accordance to your schedule.
- Intermediate Level
- Approx. 25 hours to complete
- English Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
Accounting Analysis I: The Role of Accounting as an Information System at Coursera Course details
- This course is the first course in a five-course Financial Reporting Specialization that covers the collection, processing, and communication of accounting information (via financial reports) about economic entities to interested parties (i.e., managers and external stakeholders such as stockholders and creditors). To gain the most relevant knowledge from these courses, learners should have taken a basic accounting course prior to this Specialization (which can be done through Coursera courses, such as any accounting course from the Fundamentals of Accounting Specialization: https://www.coursera.org/specializations/accounting-fundamentals). This Specialization focuses on accounting concepts, principles and theory with an emphasis on problems that arise in applying these concepts for external reporting purposes. Specific emphasis is placed on measurement of assets, liabilities, equities and income, as well as disclosure of additional information that may assist users understand the financial reports.
- After a brief introduction to the course, we will spend time understanding the overall financial accounting structure and standards as well as review the fundamental accounting process used to prepare the financial statements, which will establish a framework for the study of the concepts in the remaining courses in the Financial Reporting Specialization. In this course, we will begin our review of key information included in the Balance Sheet and Income Statement and their related financial disclosures. The Statement of Cash Flows will be introduced briefly with more discussion to follow in later courses of the Specialization. Also, we will provide a cursory review of key concepts involving time value of money as we will finish this course with focus on revenue recognition, including discussion of the new revenue standard. We will review the general approach for recognizing revenue, special issues affecting revenue recognition including long-term construction contracts. In addition, we will discuss and review common ratios used in profitability analysis.
- The University of Illinois at Urbana-Champaign, consistently ranked as one of the nation's top three accounting programs, now offers a master?s in accounting at a very affordable tuition rate and is completely online. The iMSA is a full Master of Accountancy program and students graduate with an MS that is highly recognized. Try an open course or two, then apply for admission into the credit-bearing version as you may be eligible to take credit-bearing courses during the application process. If you are missing any prerequisites for the full degree, you can complete Coursera courses to demonstrate readiness and strengthen your application for the iMSA. For more information on this exciting iMSA online program, refer to this link: https://www.coursera.org/degrees/imsa
Accounting Analysis I: The Role of Accounting as an Information System at Coursera Curriculum
Course Orientation
Syllabus
About the Discussion Forums
Updating Your Profile
Orientation Quiz
Module 1 Introduction
What Is the Key Focus of Financial Accounting?
Cash vs Accrual Accounting
GAAP vs IFRS and Convergence
Accounting Standards and GAAP Assumptions
FASB Interview with Brian McKeown
Module 1 Wrap-Up
Module 1 Readings and Resources
Lesson 1-1 Knowledge Check
Lesson 1-2 Knowledge Check
Lesson 1-3 Knowledge Check
Lesson 1-4 Knowledge Check
Module 1 Quiz
Module 2: Review of Accounting Process
Module 2 Introduction
Using the Accounting Equation During the Processing Cycle
Adjusting Entries
Financial Statements
Module 2 Wrap-Up
Module 2 Readings and Resources
Lesson 2-1 Knowledge Check
Lesson 2-2 Knowledge Check
Lesson 2-3 Knowledge Check
Module 2 Quiz
Module 3: Balance Sheet & Financial Disclosures
Module 3 Introduction
Usefulness, Limitations, and Classifications of the Balance Sheet
Financial Disclosures
Risk and Ratio Analysis
Operating Segments and Other Disclosures
Module 3 Wrap-Up
Simplified ?Personal? Balance Sheet Example
Module 3 Readings and Resources
Lesson 3-1 Knowledge Check
Lesson 3-2 Knowledge Check
Lesson 3-3 Knowledge Check
Lesson 3-4 Knowledge Check
Module 3 Quiz
Module 4: Income Statement and Accounting Changes
Module 4 Introduction
Lesson 4-1: Income Statement and Its Key Components
Discontinued Operations and Earnings Per Share
Accounting Changes
Module 4 Wrap-Up
Module 4 Readings and Resources
Lesson 4-1 Knowledge Check
Lesson 4-2 Knowledge Check
Lesson 4-3 Knowledge Check
Module 4 Quiz
Module 5: Time Value of Money, Ethics, & Other Financial Statements
Module 5 Introduction
Time Value of Money
Ethics, Professionalism, and Fraud
Statement of Comprehensive Income and Statement of Cash Flows
HE&R CEO Interview with Bill Simpson
Module 5 Wrap-Up
Module 5 Readings and Resources
Lesson 5-1 Knowledge Check
Lesson 5-2 Knowledge Check
Lesson 5-3 Knowledge Check
Module 5 Quiz
Module 6: Revenue Recognition
Module 6 Introduction
Revenue Recognition Issues Including the Five Key Steps
Dealing with Multiple Performance Obligations (POs)
Special Revenue Recognition Issues
Module 6 Wrap-Up
Module 6 Readings and Resources
Lesson 6-1 Knowledge Check
Lesson 6-2 Knowledge Check
Lesson 6-3 Knowledge Check
Module 6 Quiz
Module 7: Revenue & Ratio Analysis
Module 7 Introduction
Accounting for Long-Term Contracts
Accounting for Losses on Long-Term Contracts
Installment Sales Method
Profitability Analysis Using Financial Ratios
Module 7 Wrap-Up
Module 7 Readings and Resources
Lesson 7-1 Knowledge Check
Lesson 7-2 Knowledge Check
Lesson 7-3 Knowledge Check
Lesson 7-4 Knowledge Check
Module 7 Quiz
Service Revenue and Evaluating Efficiency Problem Set
Module 8: Course Wrap-Up & Case Study
Gies Online Programs
Course Wrap-Up and Case Study Introduction
Congratulations!
Accounting Analysis I: The Role of Accounting as an Information System at Coursera Admission Process
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