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Principles of Accounting

Master the principles of accounting and learn how to use unique visualization software in this free online course.

Publisher: Accounting Intuition
This course takes you through the fundamentals of accounting and explains concepts like revenue, costs, assets, liabilities and equity through a series of groundbreaking business simulations. We introduce you to the ‘fundamental accounting equation’, double-entry bookkeeping, financial statements, managing cash flow, the operating cycle, fixed assets, company funding and more. Sign up to explore a career in finance and bookkeeping.
Principles of Accounting
  • Duration

    6-10 Hours
  • Students

  • Accreditation






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This 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 experience so we have developed a set of groundbreaking visualization models. These lessons use the analogy of water pipes and tanks to explain accounting methods to provide an intuitive understanding of how money moves around a simple, connected system.

The course assumes no prior accounting knowledge and lays out the building blocks of bookkeeping step by step. We employ a series of case studies and simulations to describe revenue, costs, assets, liabilities and equity. We also simulate the running of a small business to break down the ‘fundamental accounting equation’ (or ‘balance sheet equation’) and explain the workings of double-entry bookkeeping, financial statements, managing cashflow, the operating cycle, fixed assets and company funding.

Such models are used by leading universities to help their students understand financial concepts and drive this course. Whether you are completely new to finance or simply want an engaging refresher to update your skills, sign up for this course to develop a lifelong, intuitive understanding of accounting. This course suits aspiring bookkeepers and can help small business owners to take control of their finances.

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