Free US Accounting and Financial Reporting Course
US Accounting and Financial Reporting
Learn US accounting fundamentals in this free course through GAAP, debits, credits, journals, ledgers, statements, cash flow, payroll, and controls. Join this free US accounting course to read business reports clearly.
What you'll learn
About this course
This free US accounting course helps beginners understand how business activity becomes reliable financial information. You learn GAAP basics, the accounting equation, debits and credits, journal entries, ledgers, trial balances, adjusting entries, financial statements, cash flow, payroll, taxes, controls, and reporting decisions.
The course is useful if you want accounting fundamentals, online accounting training, or a clearer base for finance, business, bookkeeping, or reporting work. It helps you read numbers with more confidence and see how records support better business decisions.
Course outline
Understanding the Foundations of US Accounting
In this module, you'll learn the accounting equation, GAAP principles, double-entry bookkeeping, debits and credits, and the chart of accounts.
Recording and Organizing Business Transactions
In this module, you'll learn to record journal entries, post to ledgers, use T-accounts, and prepare and correct a trial balance.
Completing the Accounting Cycle
In this module, you'll learn accrual accounting, adjusting entries, deferrals, depreciation, and preparing closing and post-closing trial balances.
Building the Income Statement and Balance Sheet
In this module, you'll learn income statement structure, gross and net income, classified balance sheets, and stockholders' equity reporting.
Analyzing Cash Flow and Liquidity
In this module, you'll learn to prepare the cash flow statement, distinguish operating, investing, and financing activities, and assess liquidity.
Managing and Valuing Business Assets
In this module, you'll learn inventory costing methods, depreciation, fixed asset capitalization, intangible assets, and asset-related internal controls.
Accounting for Liabilities, Equity, and Payroll
In this module, you'll learn to record liabilities, payroll accounting, stock and dividend transactions, and lease accounting basics.
Analyzing Performance and Ensuring Compliance
In this module, you'll learn financial ratio analysis, internal controls, Sarbanes-Oxley compliance, fraud prevention, and professional accounting ethics.
Get access to the complete curriculum once you enroll in the course
This course is ideal for
- Beginners wanting to learn US accounting fundamentals.
- Students and job seekers exploring accounting roles.
- Working professionals who report on business finances.
- Job seekers adding a US accounting certificate to their CV.
Frequently Asked Questions
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