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Management
Fundamentals of Accounting
1.5-3hrs
beginner levelThis free online course, updated in 2025, will guide you through the fundamentals of accounting in a clear and step-by-step manner. By the end of the course, you will have a much stronger understanding of the main financial statements used in accounting systems, including the profit and loss account and the balance sheet. The course will also guide you through important accounting terminology and principles. Get started today.
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Fundamentals of Accounting
Learn the basics of accounting principles and how to analyse financial accounts, with this free online course.
This free online course, updated in 2025, will guide you through the fundamentals of accounting in a clear and step-by-step manner. By the end of the course, you will have a much stronger understanding of the main financial statements used in accounting systems, including the profit and loss account and the balance sheet. The course will also guide you through important accounting terminology and principles. Get started today.
Course description
Course moduleA short ad will play before each lesson.
Module 17 Lessons
Fundamentals of Accounting
This accounting module 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.
1.Learning Outcomes
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2.Introduction
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3.Accounting Equation and Terminology
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4.Accounting Assumptions, Standards, and Principles
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5.Accounting Systems and Preparation of Reports
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6.Balance Day Adjustments in the General Journal and Ledger
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7.Lesson Summary
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Module 21 Lessons
Course assessment
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