Course Curriculum

Lecture-1.What is Financial Accounting 00:13:00
Lecture-2. Accounting Double Entry System and Fundamental Accounting Rules 00:10:00
Lecture-3.Financial Accounting Process and Financial Statements Generates 00:14:00
Lecture-4.Basic Accounting Equation and Four Financial Statements 00:21:00
Lecture-5.Define Chart of Accounts and Classify the accounts 00:07:00
Lecture-6. External and Internal Transactions with companies 00:12:00
Lecture-7.Short Exercise to Confirm what we learned in this section 00:06:00
Lecture–8.What are Major Accounting Policies need to be decided by companies 00:06:00
Lecture-9.Depreciation Policies 00:12:00
Lecture-10.Operational Fixed Asset Controls 00:13:00
Lecture-11.Inventory Accounting and Controls 00:11:00
Lecture-12.Revenue Accounting and Controls 00:08:00
Lecture-13.Expenses Accounting and Working Capital 00:12:00
Assignment – Introduction to Accounting 1 week, 2 days
Order Your Certificate 00:00:00

Course Overview

Accounting is often called the language of business, and for good reason. Every company, no matter how big or small, relies on accounting to track money coming in and going out. Without it, businesses would have no way of knowing if they’re making a profit or heading towards trouble.

This introduction to accounting is designed for complete beginners who want to understand how businesses manage their finances. You don’t need any previous experience or maths background to start. You’ll learn the basic principles of accounting, how to record transactions, and how to read simple financial statements. The course also explains key terms in plain English, so nothing feels confusing. Whether you’re thinking about a career in accounting or simply want to understand your own finances better, this course gives you a clear, solid foundation to build on.

Learning Outcomes

  • Explain the basic principles and purpose of accounting
  • Record simple financial transactions accurately and clearly
  • Understand key accounting terms used in everyday business
  • Read and interpret basic financial statements with confidence
  • Recognise the difference between profit, income, and expenses
  • Apply simple accounting methods to track business finances
  • Build a solid foundation for further study or a career in accounting

Certificate of Achievement

Endorsed Certificate of Achievement from the Quality Licence Scheme

After successfully completing the course, learners will be able to order an endorsed certificate as proof of their new achievement. Endorsed certificates can be ordered and get delivered to your home by post for the only £89. There is an additional £10 postage charge for international students.

CPD Certification from Cambridge Open Academy

After successfully completing the assessment of this course, you will qualify for the CPD Certificate from Cambridge Open Academy, as proof of your continued professional development. Certification is available in PDF format, at the cost of £9, or a hard copy can be sent to you via post, at the cost of £15.

Endorsement

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example, progression routes into further and/or higher education. For further information, please visit the Learner FAQs on the Quality Licence Scheme website.

Method of Assessment

To assess your learning, you have to complete the assignment questions provided at the end of the course. You have to score at least 60% to pass the exam and to qualify for Quality Licence Scheme endorsed, and CPD accredited certificates. 

After submitting the assignment, our expert tutor will assess your assignment and will give you feedback on your performance.

After passing the assignment exam, you will be able to apply for a certificate.

Why study this course

Whether you’re an existing practitioner or aspiring professional, this course will enhance your expertise and boost your CV with key skills and a certificate attesting to your knowledge.

The Introduction to Accounting course is open to all, with no formal entry requirements. All you need is a passion for learning, a good understanding of the English language, numeracy and IT, and to be over the age of 16.

Career Path

  • Accounts Assistant / Finance Assistant
    Supports basic bookkeeping, data entry, invoice processing, and day-to-day financial administration in various organisations.
    Salary: £24,000 – £32,000 per year
  • Trainee Accountant / Junior Accountant
    Assists with preparing financial statements, reconciliations, and learning core accounting practices while working towards formal qualifications.
    Salary: £26,000 – £35,000 per year
  • Bookkeeper
    Manages day-to-day financial records, bank reconciliations, and simple accounts for small businesses or charities.
    Salary: £25,000 – £34,000 per year
  • Accounts Payable / Accounts Receivable Clerk
    Handles supplier payments, customer invoicing, credit control, and maintaining accurate transaction records.
    Salary: £24,000 – £33,000 per year
  • Finance Administrator
    Provides administrative support to the finance team, including filing, reporting assistance, and basic financial data management.
    Salary: £23,000 – £31,000 per year
  • Payroll Administrator (Entry Level)
    Assists with payroll processing, statutory deductions, and employee payment queries as a starting point in finance operations.
    Salary: £25,000 – £34,000 per year

Certification:​

Once you have successfully completed this course, you can order a certificate as proof of your achievement.

A PDF certificate is available for £5.99. You can also request a hardcopy certificate for £9.99.

Delivery of the hardcopy certificate is free within the United Kingdom. For international learners, an additional delivery charge will apply based on the destination country.

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