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Basics of Finance and Accounting

Online
1.5-3 hours
Free

Course Content

Learn how to organise and manage your accounting and financial records properly in this free online bookkeeping course. This bookkeeping course covers essential accounting and finance principles in a practical and accessible way. We explain key accounting concepts and frameworks like accrual, conservatism, consistency, materiality and so on. We also discuss the difference between ‘accounting’ and ‘bookkeeping’ and provide the best inventory management practices before comparing the advantages of journals and ledgers. Sign up to take control of your finances.

Course Details

CollegeAlison
Course ID188791
Course TypeOnline Learning
Course QualificationCPD Certificate
Course Duration1.5-3 hours
Course FeeFree
Entry RequirementsLike all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary.

At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives.

Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone.
Career PathIn This Free Course, You Will Learn How To
• Identify the differences between bookkeeping and accounting
• Discuss the conceptual framework of financial accounting
• Recall the best practices for inventory management
• Evaluate business assets using different methodologies
• Distinguish between a journal and a ledger
• Explain various accounting concepts and frameworks
Course Code5503

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