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Basic Accounting
Learn about the accounting principles using unique visualisation tools in this free online basic accounting course.
Publisher: Accounting Intuition
Description
This free online accounting course is created by Accounting Intuition and accredited by the Chartered Institute of Management Accountants (CIMA). We believe that the best way to learn is through genuine understanding and experience. That’s why we've developed a set of ground-breaking visualisation models that explain accounting transactions and balances using the analogy of water pipes and tanks and let you develop an intuitive understanding of how accounting works as a simple, connected system.
The models are used by leading universities to help their students understand financial concepts, and are built into this free online course. 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 simulation models.
Learn how the accrual principle creates a fundamental difference between profit and cashflow, how double-entry bookkeeping ensures the balance sheet always balances and get comfortable with financial statements and terminology. Whether you are completely new to finance, have never quite felt comfortable with how accounting works or simply want an engaging refresher, take this course to develop a lifelong, intuitive understanding. Take the next step and start the course now.
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