Principles of Accounting

Alison Review
Location
Online(Course Link)
Dates
On Demand
Course Categories
Business and Management
Certficate
Yes(Course Certificate (Euro 21))
Language
English
Course Fees
FreeNo. of Attendant
Unlimited
Acquired Skills/Covered Subjects
- Explain how accounting works,Evaluate accounting transactions and balances and how they interact through debits and credits,Explain how the accrual principle creates a fundamental difference between profit and cashflow,Describe how profit,Interpret and analyse key financial statements,Analyse the Fundamental Accounting Equation and explain its consequences
Provider Name | Alison |
---|---|
Training Areas |
|
Website | https://alison.com/ |
About The Provider |
Alison is one of the world’s largest free
learning platforms for education and skills training. 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. Alison was founded in Galway, Ireland, in 2007
and has grown organically to become a major force in free online education and
skills training. Today, with more than 13 million learners in 195 countries,
Alison is changing how the world learns and up-skills. They are committed to equality and access to
education and skills training irrespective of gender, geography, economic
status or any other barriers that can so often stunt potential. So they offer a
range of free courses that meet the many diverse needs of our learners. The UN
declared in Article 26 of the 1946 Declaration of Human Rights that “Education
shall be free…”. This statement will always inspire us. Alison was founded by Alison CEO, Mike Feerick. Mike is a businessman, but one with a
difference. He believes in social impact, and that you can build a financially
successful business focused on meeting a huge global social need, making
education and skills training more accessible for everyone. He invites anyone
who believes that too, to support the Alison mission.
Alison is free of charge to you. But it’s still
a business – albeit a socially-focused one. We are a social enterprise making
our money through advertising, merchandise, and the sale of Certificates and
Diplomas, should a graduate choose to buy one. |
This unique free online accounting course is created by Accounting Intuition and is accredited by the Chartered Institute of Management Accountants (CIMA). We believe that the best way to learn is through genuine understanding and experience. That’s why we've developed a set of groundbreaking visualisation models that explain accounting transactions and balances using the analogy of water pipes and tanks that help you develop an intuitive understanding of how accounting works as a simple, connected system.
This course assumes no prior knowledge and gradually introduces all the building blocks of accounting such as revenue, costs, assets, liabilities and equity through a series of ground-breaking business simulation models. Learn about the fundamental accounting equation, double-entry bookkeeping, financial statements, managing cashflow, the operating cycle, fixed assets and company funding - all through simulating running a business.
The models are used by leading universities to help their students understand financial concepts, and are built into this free online course. Whether you are completely new to finance, have never quite felt comfortable with how accounting works, or simply want an engaging refresher to update your skills, then take this course to develop a lifelong, intuitive understanding. So start this course today and gain valuable skills in basic accounting concepts and techniques.