Spring 2027

Financial Reporting I

Financial Reporting I examines current and emerging financial reporting theory and techniques to measure and disclose assets and determine income, emphasizing analysis and measurement.

offering recorded3 credits
Recorded instructors · Spring 2027 Andrea TilletIvy FengSam Hause

Summary

1 / 6

Past student reviews · Ruyun (Ivy) Feng

One student found exams difficult because they differed from practice materials, and noted that students were expected to read the textbook even when lecture content did not fully cover it.

What you’ll be able to do

  • Articulate the measurement and valuation methods of the financial statement elements, including fair value concepts.

  • Recognize that transactions are triggered by business purposes and that understanding the business purpose is important for the application of the Generally Accepted Accounting Principles (GAAP).

  • Identify and analyze fundamental economic events, conduct research, and apply relevant accounting standards to these events.

  • Demonstrate proper presentation and reporting of financial statement elements and transactions.

  • Demonstrate how financial statements effectively communicate the financial results of an economic entity, including the use of financial statements from the perspective of the users of the financial statements.

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
C
D
F

All recorded terms · compare terms & instructors

Prerequisites

Course map

ACCT I S 100 or (ACCT I S 300 and declared in the Certificate in Accounting Fundamentals)

ACCTIS 301 used by

“Used by” includes alternatives; linked courses may have other requirements. This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027

Recent recorded grades — Spring 2024: 3.28 GPA, 50.5% A/AB (n=101 letter grades); Spring 2025: 3.54 GPA, 75.9% A/AB (n=112 letter grades); Spring 2026: 3.46 GPA, 68.8% A/AB (n=125 letter grades). Includes jointly taught sections.

No course-specific feedback yet.

No course-specific feedback yet.

Historical instructors & teaching patterns

ANDREA TILLET is recorded teaching in Spring 2023, Spring 2024, Spring 2025, Spring 2026. Recorded history may be incomplete and does not establish a future schedule.

DANIEL WANGERIN is recorded teaching in Spring 2008, Fall 2008, Spring 2019. Recorded history may be incomplete and does not establish a future schedule.

FABIO GAERTNER is recorded teaching in Fall 2013, Fall 2014, Fall 2015. Recorded history may be incomplete and does not establish a future schedule.

JOANNA WANGERIN is recorded teaching in Fall 2018, Spring 2019, Fall 2019, Spring 2020, Fall 2020, Fall 2021, Spring 2022, Fall 2022, Spring 2023, Fall 2023, Fall 2024. Recorded history may be incomplete and does not establish a future schedule.

LOGAN STEELE is recorded teaching in Spring 2015, Fall 2015, Fall 2016, Fall 2017. Recorded history may be incomplete and does not establish a future schedule.

RUYUN FENG is recorded teaching in Fall 2020, Spring 2022, Spring 2023, Spring 2024, Spring 2025. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
LEC 002Classroom Instruction0 / 450
LEC 004Classroom Instruction0 / 450
LEC 003Classroom Instruction0 / 450
LEC 005Classroom Instruction0 / 450
LEC 006Classroom Instruction0 / 450
LEC 007Classroom Instruction0 / 450
LEC 008Classroom Instruction0 / 450
LEC 009Classroom Instruction0 / 450

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records
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Student experience

the class

Past student reviews · Fabio Gaertner

One student noted that the class requires a lot of work regardless of which professor you have, emphasizing the consistent effort needed to succeed in the course.

Recent recorded grades — Spring 2025: 3.51 GPA, 74.9% A/AB (n=259 letter grades); Fall 2025: 3.44 GPA, 69.7% A/AB (n=346 letter grades); Spring 2026: 3.46 GPA, 71.4% A/AB (n=266 letter grades).

difficulty & workload

Past student reviews · Ruyun (Ivy) Feng

One student found exams difficult because they differed from practice materials, and noted that students were expected to read the textbook even when lecture content did not fully cover it.

Past student reviews · Ruyun (Ivy) Feng

A student felt that lectures sometimes wasted time but found Ivy Feng's posted detailed walk-throughs of hard problems super helpful, noting that one had to be sure to reach out to ask for help.

Topics

  • Asset measurement and disclosure; income determination
  • Fair value concepts
  • Application of GAAP based on business purpose

Skills

  • Articulate measurement and valuation methods for financial statement elements, including fair value.
  • Identify and analyze economic events, conduct research, and apply accounting standards.
  • Demonstrate proper presentation and reporting of financial statements.

Grades

Historical instructor

Spring 2027 · Projected

Before grades are released

– average GPA

Approximate 80% prediction interval

About this estimate

The course’s semester-average GPA, not an individual student’s grade. The center uses 5 same-season terms, weighted toward recent results.

The range uses the finite-sample 80th-percentile rank of absolute errors from earlier same-season forecasts. Each forecast uses only records from earlier terms. At least four forecasts are required; bounds are rounded outward and limited to 0–4. This is an empirical estimate: changing instructors or grading policies can reduce its coverage.

8 earlier forecasts · 0.09 GPA average error.

Grades over time

Through Spring 2027

More grade details Grade mix, volume & source data

Where this course fits relative to

Latest available grades · Spring 2026 · all course levels

GPA

Higher than % of other courses in this group.

Course GPAs · red marks this course’s range

letter grades

More recorded grades than % of other courses in this group.

Typical course in this group: letter grades.

About this comparison

1280 courses over the same term, each with at least 30 recorded letter grades. Cross-listed courses count once. GPA is not a measure of difficulty or teaching quality. The typical course is the median by recorded grade count; tied values are not counted as lower. Grade counts describe course scale, not unique students or typical section size.

Descriptions compare GPA with this group’s average: at least 0.20 higher or lower; otherwise close to average. Section size uses median recorded enrollment: small up to 30, mid-sized 31–99, large 100+. Lectures and discussion/lab sections are described separately.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

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Selected offering source records
ACCTIS 301 · Spring 2027

Financial Reporting I

Recorded 2026-10-14
Raw records 
[
  {
    "run_id": "20261014T203208-0851c9a1",
    "semester": "1274",
    "observed_at": "2026-10-14 17:50:09.728220+00:00",
    "offering_id": "1274:232:002986",
    "course_id": "ACCTIS 301",
    "course_uid": "course_9b2e2b0c576f857dcfc9e451",
    "term_id": "1274",
    "source_course_id": "002986",
    "source_subject_id": "232",
    "title": "Financial Reporting I",
    "credits_min": 3,
    "credits_max": 3,
    "typically_offered": "Fall, Spring, Summer"
  }
]
Rate My Professors

Student reviews

Original comments behind the course and instructor summaries.

Read original reviews
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Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Dataset & model

Recorded 2026-10-14

View the dataset on Hugging Face
Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Download part 1
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Download part 1
Model & dataset provenance 
{
  "model": "Qwen/Qwen3.8-27B",
  "model_revision": "1d4bf0f2ff6012fd82039f2fa52739d0dd7c60c0",
  "task_version": "17",
  "output_id": "1637dfa2b9b92cb09fc124503bafcd81ab9b49ffa894bf59ed40b0761a743527",
  "requirements_status": "valid",
  "dataset_revision": "fc1811fa52e581ea57a35c0cf3343f8740a8ffbf",
  "observed_at": "2026-10-14 17:50:09.728220+00:00"
}