Accounting Fundamentals
Learn the language of business: assets, liabilities, equity, revenue, expenses, debits and credits, journal entries, ledgers and financial statements.
Level & requirements
Build practical skills and prepare for your first professional role.
- Required experience
- Basic knowledge of the subject; little or no professional experience.
- Prerequisites
- None — you can start today.
- Career roles this supports
- TraineeAccountant
Recommended next step — Intermediate level
Payroll Administration (Μισθοδοσία) →Accounting Fundamentals is a professional, project-driven course designed for career-focused learners. Across 44 lessons in 11 modules you build hands-on skills, complete practical exercises, and finish a real project that is assessed against professional standards.
What you will learn
- Understand core accounting concepts
- Record journal entries and post to the ledger
- Prepare a trial balance
- Read basic financial statements
Curriculum
Accounting Concepts
Why accounting exists · The accounting equation · Accrual vs cash · Accounting principles
- Lessons are being published.
Assets
What assets are · Current and non-current · Recording assets · Depreciation basics
- Lessons are being published.
Liabilities
What liabilities are · Current and non-current · Recording liabilities · Obligations
- Lessons are being published.
Equity
Owner's equity · Capital and draws · Retained earnings · Equity and the equation
- Lessons are being published.
Revenue
Recognising revenue · Sales and services · Revenue vs receipts · Recording revenue
- Lessons are being published.
Expenses
Recognising expenses · Operating expenses · Matching principle · Recording expenses
- Lessons are being published.
Debit & Credit
The double-entry system · Debits and credits · Account normal balances · Balancing entries
- Lessons are being published.
Journal Entries
The journal · Recording entries · Adjusting entries · Common transactions
- Lessons are being published.
General Ledger
Posting to the ledger · Ledger accounts · T-accounts · Trial balance
- Lessons are being published.
Trial Balance
What it shows · Preparing it · Finding errors · Correcting entries
- Lessons are being published.
Financial Statements
Income statement · Balance sheet · Cash flow basics · How they connect
- Lessons are being published.
Requirements
- No prior experience required
- A computer with internet access
- Commitment to the practical project