Online Accounting Courses for Credit
There are a handful of universities that offer free accounting courses and classes. These types of courses are typically intended for personal learning purposes and do not lead to credit. They typically have limited offerings for materials and don't offer credit or provide access to instructors. At Study.com, students can take accounting courses for a nominal fee. Our courses include engaging videos, written transcripts, lesson quizzes and chapter tests to help reinforce knowledge. Students can also submit any questions they may have to lesson instructors. Available accounting courses include:
- Accounting 101: Financial Accounting - Learn about the basics of accounting like internal controls, adjusting accounts, long-term assets, statements of cash flows, and more.
- Accounting 102: Intro to Managerial Accounting - Study information about cost types, job-order costing, budgeting, reporting systems and financial statement analysis.
- Accounting 302: Advanced Accounting - Review advanced material about corporate accounting, financial statement ratios, journals and ledgers, taxation for corporations, and more.
- Financial Accounting: Skills Development & Training- Students can learn more about the mechanics of the accounting cycle, internal controls, merchandising operations and inventory, and receivables.
Information on Free Online Accounting Courses
Although many of these courses contain the same course materials as credit-bearing college classes, free online students cannot earn college credit by completing them. Access to the courses is free, but students may need to purchase textbooks or acquire other reading material to gain full benefit from the course. Special software, such as Adobe Acrobat Reader or mp3 players, may be required in order to utilize course materials.
- Accounting and the Business Environment covers all aspects of financial record keeping for businesses with topics including liabilities, financial statements and budgeting. Students can download videos of classroom lectures; each lesson lasts 30 minutes to about one hour. No textbook is required, and no additional materials are available.
Kutztown University of Pennsylvania
- Accounting 101: The Fundamentals is a course offered by Kutztown University's SmallBizU that uses audio and video slides to teach small business owners how to keep very basic financial records.
- Creating a Profit and Loss Statement is an audio and video lesson offered by Kutztown's Small Business Development Center, which includes worksheets and examines calculations, single-step format and multi-step format.
- Preparing a Balance Sheet uses audio, video and worksheets to investigate liabilities, owner's equity and balance sheets.
- Preparing a Cash Budget teaches online users to create a budget using the cash method or accrual method, examine money coming in and going out and maintain cash reserve requirements. A glossary and worksheets are available for this course.
Massachusetts Institute of Technology
Students can download PDFs of lecture notes and obtain exam questions and solutions in these three accounting courses.
- Introduction to Financial and Managerial Accounting is an undergraduate course that teaches students to read, understand and create financial statements. A textbook is recommended along with supplemental readings, and students can access problem sets and solutions.
- Financial Accounting allows students to analyze financial information and develop reports. The graduate-level course materials include problem sets and solutions along with recitations.
- Financial and Managerial Accountingstudents study how to prepare cash flow statements, recognize accrual accounting and identify revenue. Students must purchase a textbook, but the supplemental reading of a corporate financial report is provided for free online.
New Jersey Institute of Technology
- Acct 615 students learn the basics of accounting and how managers use these principles to reduce costs and maximize profits and efficiency. The 17 video lectures cover topics including cash flow statements, internal decision making and transfer pricing.
The Open University
The Open University offers written lessons in its online courses, many with activities for students to further explore the topics. No textbooks or additional readings are required.
- Introduction to the Context of Accounting looks at the basics of accounting.
- Influences on Accounting Regulation examines financial reporting from its origins to its present-day function.
- Investment Risk students will learn to define financial risk, calculate risk factors and consider investors aversion to risk.
University of Alaska - Anchorage
- Accounting 201: Principles of Financial Accounting provides students with an introduction to principles and practices used in accounting, with emphasis on summarizing accounting data and speaking the accounting language. The course includes access to homework assignments, practice exams, PowerPoint slides, learning games and other course materials. A textbook is required.
University of Michigan
- Corporate Finance for Healthcare Administrators focuses on investments, financing and strategic financial planning. Students can download videos of lectures and lecture notes, as well as worksheets. A textbook is necessary, and students will need to obtain recommended journal readings from a library or find them online.