Understanding Financial Statements: Company Position

  • 4.8
Approx. 12 hours to complete

Description

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.

Outline

  • Course Orientation
  • Welcome to Understanding Financial Statements: Company Position!
  • Syllabus
  • About the Discussion Forums
  • Glossary
  • Updating Your Profile
  • Social Media
  • Orientation Quiz
  • Module 1: What Is Accounting and Why Are Financial Reports Important?
  • 1-1. What Is Accounting?
  • 1-2. Why Are Financial Statements Important?
  • Module 1 Overview
  • Lessons 1 & 2 Readings
  • Lesson 1-1 Practice Quiz
  • Lesson 1-2 Practice Quiz
  • Module 1 Quiz
  • Module 2: Assets – What Do You Own?
  • 2-1. The Balance Sheet – Current Assets
  • 2-2. The Balance Sheet – Non-Current Assets
  • Module 2 Overview
  • Module 2 Readings
  • Lesson 2-1 Practice Quiz
  • Lesson 2-2 Practice Quiz
  • Module 2 Quiz
  • Module 3: Liabilities – What Do You Owe?
  • 3-1. The Balance Sheet – Liabilities Part 1
  • 3-2. The Balance Sheet – Liabilities Part 2
  • Module 3 Overview
  • Module 3 Readings
  • Lesson 3-1 Practice Quiz
  • Lesson 3-2 Practice Quiz
  • Module 3 Quiz
  • Module 4: Equity and How the Balance Sheet Fits Together
  • 4-1. The Balance Sheet – Equity Part 1
  • 4-2. The Balance Sheet – Equity Part 2
  • Gies Online Programs
  • Module 4 Overview
  • Module 4 Readings
  • Congratulations!
  • Lesson 4-1 Practice Quiz
  • Lesson 4-2 Practice Quiz
  • Module 4 Quiz

Summary of User Reviews

The Financial Statements course on Coursera has received positive reviews from users who found it to be a valuable resource for understanding financial statements. One key aspect that many users appreciated is the clear and concise explanations provided in the course.

Pros from User Reviews

  • Clear and concise explanations of financial statements
  • Valuable resource for understanding financial statements
  • Engaging and interactive course content
  • Instructor provides practical examples and real-world scenarios
  • Opportunity to practice analyzing financial statements

Cons from User Reviews

  • Some users found the course to be too basic
  • Limited focus on specific industries or sectors
  • Some technical difficulties with the online platform
  • Lack of personalized feedback on assignments
  • Some users felt that the course was too time-consuming
English
Available now
Approx. 12 hours to complete
Kevin E. Jackson
University of Illinois at Urbana-Champaign
Coursera

Instructor

Kevin E. Jackson

  • 4.8 Raiting
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