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Fundamentals of Accounting Course


Fundamentals of Accounting
Fundamentals of Accounting

Learn essential accounting principles and concepts. Analyse financial accounts.


Join 53,848 other students.

Course Description

Using an interactive presentation style, ALISON's accounting course dives into the terminology employed in financial circles, the principles used in basic accounting and the systems put in place to ensure financial control is maintained. The accounting course explores the main financial statements including the profit and loss account, the balance sheet and the everyday adjustments that have to be made. After completing the accounting course, you are expected to be aware of the importance of prudential financial management and the factor it plays in the success or failure of businesses and organizations.

CERTIFICATION

To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to purchase your Diploma certificate will then appear under the My Certificates heading of your My Account page.

LEARNING OUTCOMES

Upon completion of ALISON's online accounting course you will know how to create a profit and loss statement and a balance sheet. It will help you when dealing with accounting terminology and important principles such as matching, disclosure, consistency, diversity, dependability, verifiability, conservatism and many other common accounting terms.

ALISON's accounting course will help you gain knowledge of prepaid and accrued expenses, recording, capital account, closing and posting entries. You will also learn how to create a general journal and ledger.

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Course Rating (By Learners): 4 stars based on 532 votes
Course Title: Fundamentals of Accounting
Course #: 187
Course Publisher: XSIQ
Course Category: 2
Content Origin: Australian School Curriculum
Course Description: Using an interactive presentation style, ALISON's accounting course dives into the terminology employed in financial circles, the principles used in basic accounting and the systems put in place to ensure financial control is maintained. The accounting course explores the main financial statements including the profit and loss account, the balance sheet and the everyday adjustments that have to be made. After completing the accounting course, you are expected to be aware of the importance of prudential financial management and the factor it plays in the success or failure of businesses and organizations.
License: Not for download or distribution.
Release Date: 11 February 2013
Content  
Course Duration (Avg Learner): 2-3 Hours
Video/Audio: None
Audio Only: Low
Animation: Low
Assessments: Yes
Education Level
Age appropriateness: 16+ Years
Minimum Grade/Class Level:
Validation: Level 5
ALISON Testing: Yes
Certification Availability
PDF Download: Yes
Parchment: Yes
Framed Certification: Yes

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  • Mum Conde
    Mum Conde Equatorial Guinea The fundamentals of accounting as the name implies, they are very important because they are the key to accounting. 2016-02-04 13:02:22
  • Lisa Cribbs
    Lisa Cribbs United States of America Very helpful! 2016-02-04 00:02:36
  • Paris France-Lynch
    Paris France-Lynch United States of America I loved going at my own pace. It really helped me take my time in learning the information 2016-01-23 18:01:19
  • Hesham Behery
    Hesham Behery Egypt Thanks for your good efforts this course include a lot of benefit for the real work . 2016-01-15 19:01:56
  • Abdulbashir Rasool
    Abdulbashir Rasool United States of America Wow!!! 2016-01-09 23:01:42
  • James Themba S Ndlovu
    James Themba S Ndlovu Zimbabwe A very informative and relevant course. It really gives one a clear oversight of basic accounting concepts. 2016-01-09 20:01:10
  • Amrita Jeetoo
    Amrita Jeetoo Mauritius Very well structured Easy to understand 2016-01-09 19:01:51
  • Kevin Loh
    Kevin Loh Malaysia Basic understanding of accounting terms. Could have included more work-on examples on the way to help understand. Esp involving the 3 types of accounting sheets 2015-12-15 04:12:54
  • Penny Moore
    Penny Moore United States of America Very informative. I'm glad I chose this course. 2015-12-09 23:12:31
  • Sarah Archuleta
    Sarah Archuleta United States of America This course was very helpful. 2015-12-08 23:12:33
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Free, Online Fundamentals of Accounting Course.