Free Online Business Accounting Course | Alison

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Introduction to Business Accounting

Learn the basics of business accounting with this free online business accounting course.

Free Course
This free online business accounting course teaches you the basics of professional bookkeeping. In this course you will be introduced to accounting and business, the account equation, and the preparation of a worksheet. You will learn how to analyze transactions, enter information, and adjust entries and summaries. You will also study financial statements, the fiscal year, the process of completing the accounting cycle, and more.





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This course, Introduction to Business Accounting, will provide you with an understanding of the basics of business accounting. You will begin with an introduction to professional bookkeeping, covering the basics of bookkeeping professionally. You will be able to define a business, understand ethics in accounting, and discuss generally accepted accounting principles. You will also learn about the accounting equation, transactions, and financial statements.

This course then explains the process for analyzing transactions. You will learn about the double-entry system and journalizing transactions. You will also learn about entering information, including posting entries, the trial balance, and finding errors using horizontal analysis.

This course then wraps up explaining the adjustment process, adjusting entries, and the adjustment summary. You will learn how to prepare a worksheet and build financial statements. By taking this course you will learn the ins and outs of the accounting cycle with illustrated examples, the fiscal year, and finally, wrap up with a spreadsheet exercise where you will learn to create a worksheet. So why wait? Start the Introduction to Business Accounting course and learn the skills to become a successful business accountant today.

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Professional Bookkeeper Introduction

Introduction to Accounting and Business

The Accounting Equation

Analyzing Transactions

Entering Information - Posting Entries

Adjusting Process

Adjusting Entries

Adjustment Summary

Preparing a Worksheet

Financial Statements

Completing the Accounting Cycle

The Accounting Cycle Illustrated

Fiscal Year

Spreadsheet Exercise

Course assessment

Learning Outcomes

Having completed this course, you will be able to:

  • Discuss the process of analyzing transactions
  • Summarise the adjusting process
  • Explain the process for adjusting entries
  • Outline the process for preparing a worksheet
  • Recognize the steps in the accounting cycle 


All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate 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 and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

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