Accounting Basics

Explore the principles of accounting and learn how to use unique visualization tools in this free online course.

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Learning Outcomes

In this free course, you will learn how to:

Explain financial principles, statements and terminology
Identify accounting transactions and balances and explain how they interact through debits and credits
Calculate profitability ratios and explore their implications
Indicate how the ‘accrual’ principle creates a fundamental difference between profit and cashflow
Recall the links between profit, cashflow and the balance sheet
Analyze key financial statements
Recall the ‘fundamental accounting equation’ and explain its consequences

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