Free Basic Accounting Course with Certificate

Basic Accounting

Updated with GenAI for 2026
star 4.44  Beginner level 3.75 learning hrs 112.1K+ Learners

Enroll in this Basic Accounting course to learn to record, summarize, analyze and report financial data pertaining to businesses. Understand the significance of income tax and monitoring transactions online for free.

Instructor:

Madhur Singh

Key Highlights

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About this course

This free online Accounting course is designed to enrich your knowledge about systems for gathering, evaluating, and reporting information about financial and business transactions. The course begins with explaining accounting and then continues with book-keeping and record-keeping concepts of accounting. You will learn to track transactions, report them, and be knowledgeable about the accounting cycle. Complete the assigned exercises to earn the Basic Accounting certificate upon successfully completing the course. 

  

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Course outline

What is Accounting?

This section discusses the basics and different types of accounting. It also covers different stakeholders involved in accounting. 

 

BookKeeping

This section discusses what bookkeeping is and points out to the importance of doing it systematically. It also covers different types of bookkeeping practices. 
 

Record keeping system

This section explains the logical approach to maintaining records within the organization. It discusses various elements in the record-keeping system with examples. 
 

Tracking Transactions

This section covers the practices to track transactions and the involvement of sales tasks in cash flow. It also discusses various elements that complete transactions. 

Reporting Transactions

This section explains the concepts of the balance sheet, income statement, and balance statement. It also demonstrates the approach to maintaining accounts through these practices. 

Accounting Concepts

This section explains separate entities, going concern, double entry, and matching concepts in accounting with examples.  
 

Accounting Cycle

This section defines the accounting cycle and explains the collection of transactions, recording journals, positioning ledger accounts, trial balance, adjusting entities, preparing financial statements, and closing entities phases. 

ChatGPT for Accounting

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This module introduces how ChatGPT can support accountants by integrating with accounting software, providing step-by-step financial solutions, and simplifying the basics of financial accounting for greater accuracy and efficiency.

Get access to the complete curriculum once you enroll in the course

This course is ideal for

  • Beginners wanting to learn accounting fundamentals.
  • Students and job seekers exploring finance careers.
  • Working professionals who handle bookkeeping in Excel.
  • Job seekers adding a Basic Accounting certificate to their CV.

Basic Accounting

rating icon 4.44

3.75 Hours

Beginner

112.1K+ learners enrolled so far

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Learner reviews of the Free Courses

4.44
70%
18%
6%
1%
5%
Reviewer Profile

5.0

“Excellent Resource for Learning Basic Accounting!”
I had an outstanding experience learning basic accounting from this website. The content is well-organized and easy to understand, making complex concepts accessible even for beginners. The interactive examples and practical exercises helped solidify my understanding, and I appreciated the clear explanations of key accounting principles like the double-entry system, financial statements, and bookkeeping. The site is user-friendly, and the support team is responsive and helpful. Overall, this is an excellent resource for anyone looking to build a solid foundation in accounting. Highly recommended!
Reviewer Profile

5.0

Indonesia
“Overall, this experience emphasized the importance of continuous learning and deepened my understanding of accounting concepts.”
Participants learn to prepare key financial statements like the balance sheet, income statement, and cash flow statement through hands-on practice and real-world scenarios. Key topics also include budgeting, financial analysis, and accounting software. The course emphasizes compliance with regulations and standards while fostering collaboration through group projects and case studies. Overall, it equips students with essential skills for effective financial decision-making.
Reviewer Profile

5.0

India
“Completed a Basic Accounting Course, Gaining Essential Skills in Financial Recording and Analysis.”
The course covered key topics like bookkeeping, financial statement preparation, and understanding debits and credits. I learned how to manage and organize financial information effectively, which is essential for any role involving finances. Through practical exercises, I gained insights into tracking income, expenses, and analyzing simple financial data. This course has enhanced my understanding of accounting principles and has equipped me with valuable skills that will support informed financial decision-making in my career.
Reviewer Profile

5.0

Malaysia
“Enroll in This Basic Accounting Course to Learn to Record, Summarize, Analyze and Report Financial Data Pertaining to Businesses”
This free online Accounting course is designed to enrich your knowledge about systems for gathering, evaluating, and reporting information about financial and business transactions.
Reviewer Profile

4.0

India
“Financial Management: Students learn how to prepare financial statements, budget, forecast, and perform internal control.”
Financial management: Students learn how to prepare financial statements, budget, forecast, and perform internal control. Analytical skills: Students learn to analyze financial data, interpret trends, and make informed business decisions. Accounting software: Students learn how to use accounting software and tools like QuickBooks and Microsoft Excel. Regulatory requirements: Students learn about regulatory requirements and how to navigate them. Critical thinking: Students learn to think critically and develop problem-solving abilities.
Reviewer Profile

5.0

India
“Accounting Concepts and Process, Journal and Final Accounts”
Course Structure: Reflect on how the course was organized and if the topics flowed logically from one to the next. Content Clarity: Was the material explained clearly? Did the instructor provide examples or case studies that made accounting principles easier to understand? Practical Application: Did the course include practical exercises, real-world applications, or assignments that helped reinforce theoretical concepts? Engagement: Reflect on the interaction and engagement, such as discussions, quizzes, or group activities, to make learning interactive.
Reviewer Profile

5.0

India
“Accounting Basics are Essential for Anyone Interested in Finance or Business”
Accounting basics are essential for anyone interested in finance or business, as they lay the groundwork for more advanced topics. For many people, understanding these basics can feel empowering, as they allow you to interpret financial statements and make more informed decisions.
Reviewer Profile

5.0

India
“Excellent Learning Experience in Basic Accounting”
I recently completed the basic accounting certification with Great Learning and found the entire experience to be enriching and well-structured.
Reviewer Profile

5.0

India
“Taking This Course Was a Rewarding Experience”
For beginners, a basic accounting course is invaluable. It provides a solid foundation for understanding how businesses track their finances, make financial decisions, and report their financial status to stakeholders. The material can be challenging at first, especially concepts like double-entry bookkeeping, but with practice, it becomes more intuitive. The course is well-suited for anyone interested in business, finance, or starting their own company, as it equips students with the essential skills to manage financial records effectively.
Reviewer Profile

5.0

India
“The Course is Comprehensive, Well-Structured, and Covers Essential Accounting Principles”
Here’s a brief summary of the feedback for the accounting course: The course is comprehensive, well-structured, and covers essential accounting principles like financial statements, balance sheets, and journal entries. The instructor delivers content in an engaging and easy-to-understand manner, with practical exercises and real-world examples enhancing the learning experience. Quizzes are helpful but could be more challenging in later modules. The course is relevant to various industries, but more modern case studies and deeper insights would be beneficial.

Our course instructor

instructor img

Madhur Singh

Career Growth Expert

Management Expert

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1.3M+ Learners
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53 Courses
Madhur Singh is a Research Analyst at Great Learning. As a subject matter expert for Finance, Marketing, and career guidance, his passion is to facilitate students for finance, management- preparation, and in areas like resume building, handling interview questions, career transition, digital marketing, etc.

Frequently Asked Questions

Will I receive a certificate upon completing this free course?

Yes, upon successful completion of the course and payment of the certificate fee, you will receive a completion certificate that you can add to your resume.

Is this course free?

Yes, you may enroll in the course and access the course content for free. However, if you wish to obtain a certificate upon completion, a non-refundable fee is applicable.

What prerequisites are required to learn this online Accounting course?

The free Accounting course requires you to have no prior knowledge of anything. The course caters to everybody looking to learn Accounting from basics to advance concepts. 
 

How long does it take to complete learning this free online Accounting course?

The course contains one and a half hours of video content that you can finish at your own convenience. Great Learning Academy courses are self-paced and can be finished whenever you get time. 
 

Will I have lifetime access to this free course?

Yes, the Great Learning Academy free course comes with lifetime access. Any learner who wants to brush up on their skills can revisit and take the course again. 
 

What are my next learning options after this course?

After you complete this free online Accounting course and excel with the certificate, you can progress your learning through Great Learning’s Executive Management Program, which covers all the essential skills to build one’s career. 

Is it worth learning Accounting?

Yes, Accounting is an essential part of every organization. Financial statements are more trustworthy because of accounting principles. 
 

What is Accounting used for?

Accounting organizes the data into an understandable format, showing the outliers, and assisting in managing finances within your organization. Recording and reporting a company's financial transactions, financial performance, and cash flows is accounting's primary objective.
 

Why is Accounting so popular

Accounting is a vital practice to running any business because it makes it simpler to keep track of a company's income and expenses, ensures legal compliance, and provides access to quantitative financial data that may be used by investors, management, and the government to make choices.
 

What jobs demand that you learn Accounting?

  • With expertise in Accounting, you can land in jobs like:
  • Chartered Accountant
  • Chartered Management Accountant
  • Chartered Public Finance Accountant
  • Company Secretary
  • External Auditor
  • Forensic Accountant
  • Stockbroker
     

Will I get a certificate after completing this online Accounting course?

Yes, once you finish the course modules, you can take the quiz that will reward you with Basic Accounting certificate. The certificate showcases your skills and imparts value to your professional career. 
 

What knowledge and skills will I gain upon completing this free Accounting course?

You will be able to record, manage, and track financial information within your organization. You will also be able to maintain a ledger and be aware of the accounting cycle after completing this free Accounting course. 
 

How much does learning this Accounting course cost?

The course is entirely free of cost. So any learner can enroll in this course and start learning different concepts in Accounting and the practices to manage them. 
 

Is there a limit on how many times I can take this Accounting course?

No, the course doesn’t set any limit to taking it. Learners can take this course as many times as they want. Hence, whenever you feel like revising your learnings, you can revisit the course and start learning again. 

Can I sign up for multiple courses from Great Learning Academy at the same time?

Yes, there are a number of courses you can enroll in and start learning. You can sign up for as multiple courses as you want to enroll in simultaneously with Great Learning Academy. 
 

Why choose Great Learning Academy to learn Basic Accounting?

Great Learning Academy is a comprehensive platform that provides self-paced courses in various domains. Learners take benefit from these courses in their professional careers. There are more than 5 million learners worldwide who are benefitted from these courses. This course is helpful for enthusiasts looking forward to building a career in Finance and Accounting. This course will familiarize different accounting concepts for free online and also imparts skills to practice accounting. 
 

Who is eligible to take this Accounting course?

Anyone with no background in accounting can take this course. 

What are the steps to enroll in this course?

You need to follow the steps below to enroll in this course:
1. Visit the Great Learning Academy homepage.
2. Search for the course in ‘Basic Accounting.’
3. Now click on the ‘Enroll for Free’ button.
4. Register yourself with Great Learning Academy to enroll in any course by providing the required details and start learning the course for free. 
 

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