Fundamentals of Accounting Specialization by University of Illinois at Urbana-Champaign

Accounting is the "business language." Individuals inside and outside of an organization can join the "conversation" about how the organization is functioning and how it can enhance future performance by understanding this language. Financial accounting is concerned with the reports that managers create in order to present interested third parties with an overview of the company's financial situation and operations. Managerial accounting is concerned with the data and analytical tools and processes that assist managers and staff in making sound company choices.

This Specialization will teach you the essentials of both of these accounting purposes. More specifically, you will be able to comprehend the financial statements that managers prepare and interpret and evaluate these statements in order to assess the organization's financial status. You'll also learn to recognize and comprehend the nature, purpose, and significance of several forms of decision-useful accounting data, as well as how to apply analytical tools and techniques to use this data to make business decisions. You will apply these fundamentals to a new business through the capstone, including creating a business plan, forecasts and budgets, and anticipated information needs for decisions made by you as the owner and manager, your employees, and external parties such as future shareholders, creditors, and other constituents.


This course requirements:


  • Flexible Schedule: Set and maintain flexible deadlines.
  • Certificate : Earn a Certificate upon completion
  • 100% online
  • Beginner Level
  • Approx. 6 months to complete: Suggested pace of 4 hours/week
  • Subtitles: English, Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, Spanish


Coursera Rating: 4.6/5
Enroll here: https://www.coursera.org/specializations/accounting-fundamentals

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