Basic Accounting

Explore the principles of accounting and learn how to use unique visualization tools in this free online course.

This course provides the building blocks of accounting and employs innovative business simulations to explain concepts like revenue, costs, assets and liabilities. We show you how the ‘accrual’ principle creates a fundamental difference between profit and cash flow and how double-entry bookkeeping ensures that the ledger is always balanced. This course covers financial statements, accounting terminology and more.