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Free Business Accounting Course with Certificate

Business Accounting for Beginners

Join this free course on Business Accounting! Learn GAAP, IFRS, accruals, double-entry bookkeeping, financial statements, depreciation, amortization, accounting standards, and auditing essentials.

4.35
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Ratings

Beginner

Level

2.25 Hrs

Learning hours

3.5K+

Learners

Skills you’ll Learn

About this Free Certificate Course

This free online course gives an introduction to key concepts such as GAAP and IFRS, ensuring a solid foundation for financial understanding. Learn the essentials of accruals, deferrals, and the double-entry system, vital for accurate bookkeeping. Explore the basics of financial statements, uncovering the significance of depreciation and amortization. Gain insight into accounting standards and the pivotal role of auditing in ensuring financial integrity. 

 

If you are an aspiring entrepreneur or willing to grasp the essentials of business finance, this course equips you with essential knowledge to navigate accounting principles confidently.
 

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Course Outline

Introduction to Business Accounting, GAAP and IFRS

In this module, you will learn the provides an introductory exploration of business accounting fundamentals, including an overview of GAAP and IFRS. Participants will learn the core principles, practices, and standards governing financial reporting globally.

Overview of Accruals and Deferrals and Double-Entry System of Bookkeeping

In this module, you will learn the offers a thorough grasp of Accruals, Deferrals, and the Double-Entry System in accounting. Participants discover how these concepts enhance precise financial reporting and informed decision-making in organizations.

Basics of Financial Statements and Overview of Depreciation and Amortization

In this module, you will learn the basics of financial statements and introduces participants to depreciation and amortization. Participants learn how financial statements reflect a company's financial status and how depreciation and amortization impact asset valuation and income recognition.

Overview of Accounting Standards and Role of Auditing in Business Accounting

In this module, you will learn the overview of accounting standards, emphasizing GAAP and IFRS, and explores auditing's pivotal role in business accounting. Participants learn how these standards ensure consistency and transparency in financial reporting, while auditing verifies accuracy, promotes accountability, and maintains stakeholders' trust.

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4.35
Course Rating
69%
16%
6%
2%
7%

Ratings & Reviews of this Course

Reviewer Profile

5.0

The Interactive Content and Real-World Applications Made the Course Stand Out!
I thoroughly enjoyed the engaging course structure, which blended theory with practical examples, making the learning process intuitive and hands-on. The support from the instructors was exceptional, and the community of learners added a collaborative element that enhanced the overall experience. This course has significantly deepened my understanding and inspired me to continue learning in this field!
Reviewer Profile

5.0

The Videos Were Not Only Educational but Also Interesting, So It Wasn't Hard to Pay Attention.
A very in-depth study with interesting videos as well as an effective teaching method.

Business Accounting for Beginners

2.25 Learning Hours . Beginner

Why upskill with us?

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Frequently Asked Questions

What is business accounting?

Business accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business entity. It involves tracking income, expenses, assets, liabilities, and equity to provide insights into the financial health of a company.

Why is understanding accounting important for beginners in business?

Understanding accounting is crucial for beginners in business because it provides the foundational knowledge needed to make informed financial decisions. It helps in managing cash flow, budgeting, assessing profitability, and complying with tax regulations.

Is this course free?

Yes, this course is completely free of charge. 

Is there any limit on how many times I can take this free course?

No. There is no limit. Once you enrol in the Business Accounting course, you have lifetime access to it. So, you can log in anytime and learn it for free online.
 

Who is eligible to take this Business Accounting course?

You do not need any prerequisites to take the course, so enroll today and learn it for free online.
 

How long does it take to complete this Business Accounting course?

It is a 1.5 hour long course, but it is self-paced. Once you enrol, you can take your own time to complete the course.
 

Will I have lifetime access to the free course?

Yes, once you enrol in the course, you will have lifetime access to any of the Great Learning Academy’s free courses. You can log in and learn whenever you want to.
 

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