This course is accredited by the Chartered Institute of Management Accountants (CIMA). We believe that the best way to learn is through genuine understanding and experience, which is why we present a set of ground-breaking visualization models that explain accounting transactions and balances using the analogy of water pipes and tanks. These help you to develop an intuitive understanding of how accounting works as a simple, connected system.
The models used in this course are used by leading universities to help their students understand financial concepts. This course assumes no prior knowledge and gradually introduces all the building blocks of accounting such as revenue, costs, assets, liabilities and equity through a series of ground-breaking business simulations and case studies.
We show you how the ‘accrual’ principle creates a fundamental difference between profit and cashflow and how double-entry bookkeeping keeps ledgers balanced. Such lessons help you to get comfortable with financial statements and terminology. Whether you are completely new to finance or simply want an engaging refresher, this course provides an intuitive understanding of accounting. Sign up to take control of your personal or business finances.
Start Course Now What You Will Learn In This Free Course
View All Learning Outcomes View Less All Alison courses are free to enrol study and complete. To successfully complete this course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this course, you have the option to acquire an official Diploma, which is a great way to share your achievement with the world.
Your Alison is:
- Ideal for sharing with potential employers
- Include it in your CV, professional social media profiles and job applications.
- An indication of your commitment to continuously learn, upskill & achieve high results.
- An incentive for you to continue empowering yourself through lifelong learning.
Alison offers 3 types of Diplomas for completed Diploma courses:
- Digital : a downloadable in PDF format immediately available to you when you complete your purchase.
- : a physical version of your officially branded and security-marked , posted to you with FREE shipping.
- Framed : a physical version of your officially branded and security marked in a stylish frame, posted to you with FREE shipping.
All are available to purchase through the Alison Shop. For more information on purchasing Alison , please visit our FAQs. If you decide not to purchase your Alison , you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our pricing, please visit our Pricing Page