Sign-up today to join over 7 million learners already on ALISON:

Fundamentals of Accounting Course


Fundamentals of Accounting
Fundamentals of Accounting

Learn essential accounting principles and concepts. Analyse financial accounts.


Join 60,963 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.

Share This Course!






Manage a Group of Learners
Course Rating (By Learners): 4 stars based on 574 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

Study for Free at Your Own Pace! Start This Course

  • Ahmed Elkadeem
    Ahmed Elkadeem [[]] Great 2016-04-26 08:04:26
  • Edward Omondi Akinyi
    Edward Omondi Akinyi Kenya The questions were tricky and need no hurry but patience. 2016-04-22 10:04:05
  • Mark Meenehan
    Mark Meenehan Ireland I found the course really good A+++ 2016-04-21 20:04:14
  • Kimberly Everett
    Kimberly Everett United States of America I did a great job 2016-04-21 16:04:33
  • Abdusalam Abdalla Ahmed Abdusalam
    Abdusalam Abdalla Ahmed Abdusalam Saudi Arabia Fundamentals of accounting very important 2016-04-21 12:04:32
  • Kadir Ahmed
    Kadir Ahmed United Kingdom A very good course to give you an basic understanding about Accounting! 2016-04-19 15:04:32
  • Ganiyu Alimi
    Ganiyu Alimi United States of America The training had been well structured. It is relevant and straight to the point 2016-04-18 02:04:57
  • Sudarshan Kalyan
    Sudarshan Kalyan India It is a really useful course. 2016-04-15 07:04:27
  • Rubina Habib
    Rubina Habib Canada This course gives me an overall overview of accounting concepts and principle. I found it very informative and comprehensive. 2016-04-13 20:04:54
  • Kayla Munnings
    Kayla Munnings Bahamas It took me sometime to complete , but it is very instrumental and informative. Now I'm going to work on my other course that needs completion. 2016-04-05 17:04:20
More Comments and Reviews >>

Study for Free at Your Own Pace! Start This Course

Free, Online Fundamentals of Accounting Course.