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Accounting Basics Course Overview

In the UK alone, more than 600,000 new businesses spring to life every year, and they all have one thing in common: the need for sound financial management. That’s where our Accounting Basics course comes in! A good grasp of our course might help you to take the first step to becoming a professional accountant. 

At the beginning of the Accounting Basics course,  you will gain insights into the double entry system and fundamental accounting rules. Plus, you will acquire the skills to create essential financial statements such as income statements, balance sheet, and flow statements. Moreover, in this Accounting Basics course, you will become familiar with the significant accounting policies that need to be decided by companies. You will be introduced to the depreciation policies as well.

Our Accounting Basics course will equip you with the knowledge of the basic accounting equation and how it’s intertwined with the four financial statements. Here, you’ll master the art of creating a chart of accounts and classifying accounts, ensuring that you can efficiently manage a company’s finances. As you move deeper into the course, you will be able to record, analyze, and interpret external and internal transactions within a company, facilitating informed decision-making. After completing the course, you will have the skills to control operational fixed assets, manage inventory effectively, recognize revenue appropriately, and accurately account for expenses, all while optimizing working capital.

Without further delay, enrol in the Accounting Basics course to prepare yourself for an accounting career. 

Why Choose Teachers Training

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Entry Requirements

No formal entry requirements. You need to have:


Successfully completing the MCQ exam of this course qualifies you for a CPD-accredited certificate from The Teachers Training. You will be eligible for both PDF copy and hard copy of the certificate to showcase your achievement however you wish.

  • You can get your digital certificate (PDF) for £4.99 only
  • Hard copy certificates are also available, and you can get one for only £10.99
  • You can get both PDF and Hard copy certificates for just £12.99!

The certificate will add significant weight to your CV and will give you a competitive advantage when applying for jobs.

Course Curriculum

Accounting Basics
Section 01: Accounting Fundamental
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
Section 02: Accounting Policies
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


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    ALL COURSES for £49.00 / year


    No more than 50 active courses at any one time. Membership renews after 12 months. Cancel anytime from your account. Certain courses are not included. Can't be used in conjunction with any other offer.

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