Accounting is the process where a business maintains a record of its financial transactions. Apart from aiding effective management of the business, accounting also helps the organisation report to regulators, investors and the public at large. The summary or account of a company’s financial transactions and track record over a period of time gives us an insight into the company’s performance and its likely course in the future.

Fundamentals of Accounting

Enrolled1.5-3 Hours (Contains Video)

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Beginner Level

Fundamentals of Accounting

Q: What are the best free accounting courses?

The best free accounting courses available on Alison include: Introduction to Cash Accounting - Revised Fundamentals of Accounting Accounting and Its Use in Business Decisions Introduction to Cash Accounting - Revised Fundamentals of Accounting - Revised 2017 Fundamentals of Financial Accounting - Revised 2017

Q: How much does an online accounting course cost?

Each of the online accounting courses on Alison are free, as are all of Alison's online courses. Alison's learners do not have to pay anything to take these courses unless they want a digital or physical copy of the course certificate.

Learn the basics of accounting principles and how to analyse financial accounts, with this free online course.

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Avg. Duration1.5-3 Hours (Contains Video)
Available Languages (2)
English
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- English
- Spanish
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CPD-Accredited

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Learning Outcomes

In this free course, you will learn how to:

Create a profit and loss statement and a balance sheet
Explain accounting terminology such as matching, disclosure, and many other common accounting terms
Describe important accounting principles such as prepaid and accrued expenses, closing and posting entries
Explain how to create a general journal and ledger

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