uCertify

Accounting Course 101

This online course helps you understand numbers, balance books, and build real skills. No jargon, just hands-on learning.

(ACCOUNT-WRKBK.AE1) / ISBN : 978-1-64459-700-2
Lessons
Lab
TestPrep
AI Tutor (Add-on)
Get A Free Trial

About This Course

Enroll in our accounting 101 online course to stop wasting hours Googling terms, second-guess your numbers, and feeling out of place.

This online accounting training breaks it all down, step by step. Learn to read financial statements, make journal entries, and handle the full accounting cycle, perfect for beginners.

So, join now to handle your books more swiftly. 

Skills You’ll Get

Decode financial statements with confidence Master journal entries and ledger management Complete the full bookkeeping cycle from start to finish Track cash flow like a pro Apply essential accounting skills to real-world decisions
Download Course Outline

1

Introduction

  • About This Course
  • Foolish Assumptions
  • Icons Used in This Course
  • Beyond the Course
  • Where to Go from Here
2

Business Accounting Fundamentals

  • Keeping the Accounting Equation in Balance
  • Distinguishing Between Cash- and Accrual-Basis Accounting
  • Summarizing Profit Activities in the Income (Profit & Loss) Statement
  • Assembling a Balance Sheet
  • Partitioning the Statement of Cash Flows
  • Tracing How Dishonest Accounting Distorts Financial Statements
  • Answers to Problems on Elements of Business Accounting
3

Financial Effects of Transactions

  • Classifying Business Transactions
  • Seeing Both Sides of Business Transactions
  • Concentrating on Sales
  • Concentrating on Expenses
  • Determining the Composite Effect of Profit
  • Answers to Problems on Financial Effects of Transactions
4

Getting Started in the Bookkeeping Cycle

  • Constructing the Chart of Accounts
  • Distinguishing Real and Nominal Accounts
  • Knowing Your Debits from Your Credits
  • Making Original Journal Entries
  • Recording Revenue and Income
  • Recording Expenses and Losses
  • Recording Set-Up and Follow-Up Transactions for Revenue and Expenses
  • Recording Investing and Financing Transactions
  • Answers to Problems on the Bookkeeping Cycle
5

The Bookkeeping Cycle: Adjusting and Closing Entries

  • Getting Accurate with Adjusting Entries
  • Breaking Down the End-of-Year Adjusting Entries
  • Closing the Books on the Year
  • Instituting Internal Controls
  • Answers to Problems on the Bookkeeping Cycle
6

Accounting in the Digital Age

  • Keeping a Few Foundational Accounting Concepts in Mind
  • Using Accounting Software and the Services of an Expert
  • Controlling and Protecting Money Flows in the Electronic Age
  • Managing the Accounting Function in the On-Demand World
  • Answers to Problems on Accounting in the Digital Age
7

Understanding Basic Accounting Concepts and Methods

  • Touching on Basic Accounting Theories and Concepts
  • Providing Some Examples of Choosing Accounting Methods
  • Getting Off to a Good Start
  • Determining Whether Products Are Unique or Fungible
  • Contrasting Cost of Goods Sold Expense Methods (for Fungible Products)
  • Appreciating Depreciation Methods
  • Timing Bad Debts Expense
  • Answers to Problems on Choosing Accounting Methods
8

The Effects and Reporting of Profit

  • Understanding the Nature of Profit
  • Choosing the Income Statement Format
  • Deciding on Disclosure in the Income Statement
  • Examining How Sales and Expenses Change Assets and Liabilities
  • Summing Up the Manifold Effects of Profit
  • Answers to Problems on the Effects and Reporting of Profit
9

Reporting Financial Condition in the Balance Sheet

  • Getting Started on the Balance Sheet
  • Building a Balance Sheet
  • Fleshing Out the Balance Sheet
  • Clarifying the Values of Assets in Balance Sheets
  • Answers to Problems on Reporting Financial Condition in the Balance Sheet
10

Coupling the Income Statement and Balance Sheet

  • Rejoining the Income Statement and Balance Sheet
  • Filling in Key Pieces of the Balance Sheet from the Income Statement
  • Putting Fixed Assets in the Picture
  • Completing the Balance Sheet with Debt and Equity
  • Answers to Problems on Coupling the Income Statement and Balance Sheet
11

Reporting Cash Flows and Changes in Owners’ Equity

  • Figuring Profit from the Balance Sheet
  • Reporting the Statement of Changes in Stockholders’ Equity
  • Determining Cash Effect from Profit Generating Activities
  • Presenting the Statement of Cash Flows
  • Answers for Problems on Reporting Cash Flows and Changes in Owners’ Equity
12

Analyzing Profit Behavior

  • Mapping Profit for Managers
  • Analyzing Operating Profit
  • Analyzing Return on Capital
  • Improving Profit Performance
  • Answers to Problems on Analyzing Profit Behavior
13

Tackling Managerial Cost Accounting

  • Minding Manufacturing Costs
  • Taking a Short Tour of Manufacturing Entries
  • Calculating Product Cost: Basic Methods and Problems
  • Calculating Product Cost in Unusual Situations
  • Answers to Problems on Manufacturing Cost Accounting
14

Business Planning and Raising Capital

  • Starting with the Business Plan
  • Realizing the Importance of Business Forecasts
  • Identifying Types of Available Capital
  • Answers to Problems on Managing Business Capital
15

Ten Things You Should Know About Business Financial Statements

  • Rules and Standards Matter
  • Exactitude Would Be Nice, but Estimates Are Key
  • Financial Statements Fit Together Hand in Glove
  • Accrual Basis Is Used to Record Profit, Assets, and Liabilities
  • Cash Flow Differs from Accrual Basis Profit
  • Profit and Balance Sheet Values Can Be and Often Are Manipulated
  • Financial Statements May Be Revised Later to Correct Errors and Fraud
  • Some Asset Values Are Current, but Others May Be Old
  • Financial Statements Leave Interpretation to Readers
  • Financial Statements Tell the Story of a Business, Not Its Individual Shareowners
16

A Ten-Point Checklist for Management Accountants

  • Designing Internal Accounting Reports
  • Helping Managers Understand Their Accounting Reports
  • Involving Managers in Choosing Accounting Methods
  • Designing Profit Performance Reports for Managers
  • Designing Cash Flow Reports for Managers
  • Designing Management Control Reports
  • Developing Financial Forecast Models for Management Decision-Making Analysis
  • Working Closely with Managers in Planning
  • Establishing and Enforcing Internal Controls
  • Staying Current in the Digital Age and Global Economy

Any questions?
Check out the FAQs

Read answers to commonly asked questions about this certification exam.

Contact Us Now

Yes! With consistent practice, you can absolutely learn accounting basics in 3 months. This accounting course is designed for beginners to gain real, usable skills quickly.

Not at all. The best time to learn accounting was a decade ago, the second-best time is now. Enroll in Accounting Course 101 and learn at your own pace. No experience needed.

Hands-on practice is key. This course teaches accounting by doing, not memorizing. You'll work through real examples to build skills that actually stick.

You’ll learn to read financial statements, make journal entries, track cash flow, and complete the full accounting cycle, perfect for business or personal finance.

No prior course needed. This is an accounting course for beginners, designed to take you from zero to confident.

From Foggy to Financially Fluent

  Take the guesswork out of accounting. Start learning clear, simple, and 100%  practical skills today.

$139.99

Buy Now

Related Courses

All Course