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Accounting is the process of recording a business’s financial transactions. More specifically, accounting involves analyzing and authenticating those financial transactions, as well as summarizing and reporting them to management, other relevant parties and/or the public.
Accounting is a vital component in running any business or organization and as such is a broad-based field. Accounting can ensure that organizations are in compliance with the law and company policy, help business leaders make future financial decisions, assist government entities with delivering services to citizens and aid law enforcement in fighting fraud and financial crime.
Sound interesting? Check out Alison’s free online accounting courses today.Get Started
There are a number of careers available to those trained in the field of accounting.
Businesses and nonprofits frequently employ financial and/or managerial accountants, as well as auditors:
Other specializations include:
Learn the process of recording a business's financial transactions with Alison's free online accounting courses. Our wide selection of courses are designed to fit a variety of specialties and skill levels.
Our courses, including Basic Accounting and Principles of Accounting, are accredited by professional organizations such as the Chartered Institute of Management Accountants. Looking for a short overview designed to help you manage revenue and expenditure? Check out our Introduction to Cash Accounting. Alternatively, Alison’s Fundamentals of Accounting course will teach you basic accounting principles and concepts so you can properly analyze financial accounts.Get Started