Home Collections 10 Best Free Online Accounting Courses & Classes 2021

10 Best Free Online Accounting Courses & Classes 2021 [Updated]

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Online Accounting Courses

A group of 5+ members at takethiscourse.net has compiled a list for you that has names of the 10 best plus free online accounting courses for the year 2021. With the help of this Free Online Accounting Courses list, any learner who has an interest in accounting or wants to upgrade his skills can find the right course. So, let us get to this Free Online Accounting Courses list and see what it has to offer.

  1. Introduction to Financial Accounting
  2. Accounting, Business, and Society: The Multi-faceted Role of Accounting
  3. Accounting: Principles of Financial Accounting
  4. Accounting for Business Decision Making: Measurement and Operational Decisions
  5. Accounting and Finance for IT professionals
  6. Accounting Analytics
  7. Management and financial accounting: Know your numbers 1
  8. Machine Learning for Accounting with Python
  9. Formal Financial Accounting
  10. Introduction to Accounting Data Analytics and Visualization

Details of the 10 Best and Free Online Accounting Courses for 2021:

Below are the names and short descriptions of the 10 best plus free online accounting courses for 2021.

saveIntroduction to Financial Accounting

      • Wharton – University of Pennsylvania via Coursera
      • 13 hour of effort required
      • 223,416+ already enrolled!
      • ★★★★★ (6,535 Ratings)

Intro to financial accounting

Do you have a wish to master the technical skills that can be used to analyze financial statements and disclosures for use in financial analysis? And also learn how all the accounting standards and managerial incentives can affect the financial reporting process? Well, with the help of this Free Online Accounting course, you can all about it from the comfort of your home. Upon completing the course, you will be able to read the three most common yet famous financial statements. These include the income statement, the balance sheet, and thirdly the statement of cash flows.

Through these Free Online Accounting courses, you will learn the nitty-gritty of these three financial statements and understand their purpose. After understanding what they are, you will be taught to apply these skills to solve a real-world business challenge which is a part of the Wharton Business Foundations Specialization. The skills you will be developing from this Free Online Accounting courses will be relevant to financial accounting, financial statements, balance sheets, and more.

saveAccounting, Business and Society: The Multi-faceted Role of Accounting

      • The Hong Kong University of Science and Technology via Coursera
      • 8 hour of effort required
      • 4,952+ already enrolled!
      • ★★★★★ (122 Ratings)

Accounting Business and society

Through this Free Online Accounting courses, you will get to know the essentials of business and that how they are supposed to work around the notions of ethics. You will understand the corporate governance (CG) framework and how accountants are supposed to function as one of the key players in the practices. Similarly, a large area of corporate social responsibility (CSR) is also discussed in very detail. The instructor has adopted an illustrative approach that will surprise you as you’ll get to understand how closely accounting is related to everything you do daily.

By the end of the Free Online Accounting courses, you will be able to describe the accounting process and the different forms of business entities. You will get a complete understanding of the regulatory framework of the accounting profession. The instructor will make you understand the different good governance practices and how accounting contributes to performance and conformance. The course will make you good enough to identify good or bad corporate governance and CSR practices of businesses by making a reference to real-life incidents.

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Accounting: Principles of Financial Accounting

      • IESE Business School via Coursera
      • 12 hour of effort required
      • 72,382+ already enrolled!
      • ★★★★★ (1,880 Ratings)

Principles of financial accounting

From the list of Free Online Accounting Courses, Financial accounting has often been called the language of business. It is because this is the language that managers use to communicate the firm’s financial and economic information to external parties. Now, these external parties can be considered as shareholders and creditors. Whether you have a small business or a large one, no one can afford financial illiteracy. Even if you are running your own business or working as a manager, having a financial understanding is quite important. In this course, you will understand what finance is and how to be able to interact with accountants, controllers, and financial managers.

You will get the accounting language’s essentials from this course very easily. All you need is some interest in this field and time to spare. Once you start the course, you’ll start getting a hold of all the finance concepts. Upon completing the course, you should be able to read and interpret different financial statements for decision-making and business diagnosis. So, enroll now.

saveAccounting for Business Decision Making: Measurement and Operational Decisions

      • University of Illinois via Coursera
      • 16 hour of effort required
      • 11,368+ already enrolled!
      • ★★★★ (114 Ratings)

Accounting for business decision making

A Free Online Accounting Courses that aims to provide you an introduction to what accounting is and its measurement role inside an organization. You will understand how the accountant communicates information that can help managers and employees make different operational decisions. Precisely, you will learn to create and organize cost information that can help managers and employees conduct profitability analysis successfully and then develop and choose products and then make pricing decisions.

Upon completing the course, you will become capable of identifying the nature, purpose, and importance of different types of decision-useful accounting information. You will learn to create, organize, and communicate cost information to best suit common operational decisions. The instructor will help you understand how you can use accounting information to manage, products, control costs, and leverage other drivers of operational success. So, enroll today and see for yourself how helpful this course can turn out for you.

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Accounting and Finance for IT professionals

      • India School of Business via Coursera
      • 8 hour of effort required
      • 15,940+ already enrolled!
      • ★★★★★ (400 Ratings)

accounting and finance

IT professionals always have to stay updated and make sure that they have the right set of skills to work efficiently. From Free Online Accounting Courses This course is an introduction to the basics of financial accounting and finance for IT professionals who are eager to perform well at what they do. In the first part of the course, you will get to understand the most important financial statements which are mainly the balance sheet, the income statement, and then the statement of cash flows. After that, the instructor will focus on making you understand the financial health and performance of the company. This can be done by examining a number of important financial ratios that are derived from the financial statements of the company.

Similarly, going further, you will reach the second part of the course where the focus will be on the basics of finance. It includes many topics like understanding the concept of the time value of money, discounting cash flows, and capital budgeting. You will be taught all about these topics in detail. Next, the Free Online Accounting Courses will introduce you to the idea of real options and how they affect a project’s NPV. Then you will understand their impact on the decision to accept or reject a project and much more.

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Accounting Analytics

        • Wharton – University of Pennsylvania via Coursera
        • 10 hour of effort required
        • 86,744+ already enrolled!
        • ★★★★★ (2,632 Ratings)

accounting analytics

The term accounting analytics is used to explore how the financial statement data and non-financial metrics can be linked to financial performance. From the list of Free Online Accounting Courses, this course has exactly the information you need to understand how to explore data. The course has been taught by a well-acclaimed professor from Wharton who will help you learn how the data is used to assess what drives financial performance. You will learn to forecast future financial scenarios in a step-by-step guide. On one side, there are many accounting and financial organizations that deliver data. And on the other side, there is accounting analytics that deploys that data to deliver insight.

And this is what you will learn from these Free Online Accounting courses. You will be exploring the many areas in which accounting data provides insight into other business areas. This includes consumer behavior predictions, corporate strategy, risk management, and optimization, and more. Upon completing the course you will be able to understand how financial data and non-financial data interact to forecast events, optimize operations, and also determine strategy. Thus know that with this course, you will be able to make better business decisions about the emerging roles of accounting analytics.

saveManagement and financial accounting: Know your numbers 1

      • Macquarie University via Coursera
      • 14 hour of effort required
      • 7,524+ already enrolled!
      • ★★★★★ (168 Ratings)

Management and financial accounting

From the list of Free Online Accounting Courses, This is a very interesting course that will demonstrate a deep-level understanding of the development of financial statements from the comfort of your home. Through the course, you will learn to investigate and analyze financial statements in practice. One of the important concepts you’ll understand here is to apply financial ratios for purposes of understanding and synthesizing business position and performance. Similarly, you will also learn to apply a range of management accounting techniques that will generate and evaluate complex ideas and concepts to improve your ability to make decisions.

From Free Online Acco0unting Courses this course is going to provide you with a good understanding of what financial and management accounting is. How it can be used to facilitate and align decisions made by owners, managers, and employees. The course has been divided into different modules and each module contains different topics to learn. Upon completing each module, you’d need to solve a quiz that is kind of a recap of what you have learned so far. Thus with this course, you will be able to develop the ability to seek out financial opportunities and avoid financial misadventure.

saveMachine Learning for Accounting with Python

        • University of Illinois via Coursera
        • 63 hour of effort required
        • 4,932+ already enrolled!
        • ★★★★★ (17 Ratings)

machine learning for accounting

This amazing, challenging yet informational course has been designed to help learners understand what machine learning algorithms are and their applications in accounting problems. Among Free Online Accounting Courses this course covers classification, regression, clustering, text analysis, ad time series analysis in detail. With that, the course also discusses model evaluation and model optimization. It provides an entry point for students to become capable of applying proper machine learning models on business-related datasets with Python to solve various problems. In short, this course covers the modeling and model evaluation concepts in quite a detail.

When you manage to complete the course, you would have developed a good understanding of the concepts of various machine learning algorithms. Similarly, you will learn to apply machine learning models on datasets with Python in Jupyter Notebook. You will also be taught to evaluate machine learning models. Furthermore, the instructor will also explain how you can optimize different machine learning models. The skills that you will be able to develop upon completing the course are quite in number. These will be related to text analysis, basic time series analysis, machine learning model evaluation and optimization, python programming, machine learning modeling, and more. So, enroll in this course now and understand what machine learning for accounting with Python is.

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Formal Financial Accounting

      • University of Illinois via Coursera
      • 10 hour of effort required
      • 7,556+ already enrolled!
      • ★★★★★ (256 Ratings)

Formal financial accounting

From the list of Free Online Accounting Courses, This course has been offered by the University of Illinois and is designed with one aim that is, helping you familiarize yourself with all the technical terms that make up financial accounting. Now, these terms include debit, credit, and T-account. As well know, information on technical aspects of financial accounting is not that important for understanding and interpreting different financial statements. But an understanding of the knowledge given in this course is important as it will help you understand advanced topics in accounting.

The course starts with an introduction to financial accounting terminology. After that, the instructor will help you understand one of the major components of the balance sheet which is the asset. Then you will know all about accounts receivables, inventories, and plant property, and also the equipment constitutes which is the major part of the assets. After that, you will understand the formal financial accounting for liabilities and shareholder’s equity. Going further, the instructor will help you understand all the applications of formal financial accounting and much more in the course.

saveIntroduction to Accounting Data Analytics and Visualization

          • University of Illinois via Coursera
          • 19 hour of effort required
          • 14,617+ already enrolled!
          • ★★★★★ (294 Ratings)

Intro to accounting data analytics

Among Free Online Accounting Courses This is a very interesting course that has been designed to help accounting students develop an analytical mindset. With that, this course will also prepare you to use data analytic programming languages like Python and R. The course has been divided into three main sections. Starting with section 1, you will be taken from understanding all the accounting concepts to analytics. You will be identifying the tasks in the five major subdomains of accounting. These are financial, managerial, audit, tax, and systems. After that, the instructor will present a FACT framework for guiding big data analytics. You will be taught how to frame a question, then assemble data, calculate the data, and then telling others about the results. Then comes the second part of the course where the focus will be on the importance of assembling data.

Then in the final and largest section, the instructor will be demonstrating and helping you understand how Excel and Tableau can be of use to analyze big data. Thus completing all three sections of the course will give you enough understanding of the accounting concepts.

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Conclusion:

These 10 best and free online Accounting Courses can turn out to be very helpful to all those people out there who wish to develop accounting skills but at their ease and pace. So, read what all these 10  Free Online Accounting Courses have to offer, enroll in any of the courses now, stay home, stay safe, and never stop learning. Whether you decide to enroll in a Free Online course with Certificates and study at your ease and pace or enroll in a Free Online Accounting Courses where you have to follow a proper schedule.