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Fundamentals of Accounting Course


Fundamentals of Accounting
Fundamentals of Accounting

Learn essential accounting principles and concepts. Analyse financial accounts.


Join 63,236 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 590 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

  • Naheed Hussain
    Naheed Hussain Pakistan It was very Informative & to the point. If a person having no accounting background can easily understand.. 2016-05-12 07:05:41
  • Madhu Dhansingh
    Madhu Dhansingh Oman Very good and full of information. Very useful for learning accounts 2016-05-11 10:05:23
  • Sara Steel
    Sara Steel United States of America Great course 2016-05-07 17:05:03
  • Richard Hoption
    Richard Hoption South Africa Good to get an understanding of the basics. 2016-04-29 17:04:47
  • Dawna Wilson
    Dawna Wilson United States of America Would be better if you used highlights on worksheets to show relationships between entries. 2016-04-29 15:04:18
  • Ahmed Elkadeem
    Ahmed Elkadeem [[]] Great 2016-04-26 08:04:26
  • Hakki Abdul Rahman Abdul Majeed
    Hakki Abdul Rahman Abdul Majeed Iraq Good course thank you 2016-04-24 09:04:21
  • Mary-Kate Mangan
    Mary-Kate Mangan Ireland Course was quick and easy to understand. I was easily able to read and take in the explanations, without having to read through pages of jargon. 2016-04-23 19:04:37
  • 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
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Study for Free at Your Own Pace! Start This Course

Free, Online Fundamentals of Accounting Course.