pwshub.com

Best Online Accounting Courses to Opt in 2024

Online accounting courses enable you to acquire the skills required to begin your career in accounting. Today, skilled, knowledgeable accounting professionals are in demand worldwide due to evolving financial dynamics, regulatory changes, and reliance on technology. 

According to the U.S. Bureau of Labor Statistics, employment for auditors and accountants is projected to grow by 4% from 2022 to 2032, with an average of 126,500 job openings each year. As of May 2023, the median annual wage for accountants was $79,880.

Online accounting courses offer flexible study options, helpful materials, and networking opportunities to enhance understanding of accounting concepts from beginner to advanced levels, aiding in the launch of an accounting career.

Geekflare has researched and listed the best online accounting courses based on course content, duration, provider, pricing, certification, and instructor expertise. 

HBS Online – Financial Accounting

Financial Accounting by HBS Online lets you explore the fundamentals of accounting so that you understand the importance of numbers in financial statements, including income statements and balance sheets. It helps you to learn financial accounting with seven modules. 

College students, mid-career professionals, recent graduates, and those who want to take a career in financial accounting can benefit from this course. After completing the course, you’ll receive a certificate of specialization and a certificate of completion. 

Financial Accounting has seven modules that provide vital accounting concepts: financial statements, financial records, journal entries, statements of cash flows, evaluation procedures of numbers, and future revenue prediction. 

Each module of Financial Accounting takes 8.5 hours so that you can understand the concepts deeper and implement the knowledge in real-life cases. It allows you to choose your pace flexibly and complete the course by taking your time. If you give 6-8 hours a week, you can complete the course within 8 weeks.

Learn Financial Accounting
Course providerHarvard Business School (HBS) Online
Course duration60 hours
Price $1,850
Course instructor  V.G. Narayan, Thomas D. Casserly, Jr. Professor of Business Administration at Harvard Business School

Enroll Now – Learn Financial Accounting

Udemy – Introduction to Finance, Accounting & Modeling

Introduction to Finance, Accounting, & Modeling by Udemy teaches you finance and accounting from the beginning in over 13 languages. 

By analyzing financial statements, using different formulas, and more, you’ll learn to use balance sheets and modeling best practices to create financial models for cash flow and income statements, discounted cash flow, P/R, and profitability ratios.

This course offers 17 sections and 62 lecturers to complete the course, which covers the basics of accounting, concepts of financial modeling, concepts of valuation, financial formulas, and more. You’ll get bonus materials and a course conclusion at the end of the final session. 

You can access this finance course on your mobile device or TV. It includes 15 downloadable resources and 7 articles. You will have full-time access to the materials. Closed captions are available for improved accessibility. At the end of the course, a practice test will assess your knowledge of finance and accounting.

Udemy Introduction to Accounting, Finance, Modeling & Valuation
Course providerUdemy
Course duration4.5 hours
Price $22.99
Course instructor  Chris Haroun (Professor Columbia University), Ivy Grad (Goldman & VC)

Enroll Now – Introduction to Finance, Accounting & Modeling

Udemy – Accounting in 60 Minutes

Accounting in 60 Minutes is an immediate accounting course by Udemy that allows you to learn the basics of accounting in just 60 minutes in 6+ languages. This course teaches the accounting equation, preparing income statements and balance sheets, the difference between a credit and a debit, and more.

Udemy Accounting in 60 Minutes

The NASBA CPE 2.0 credits course offers a one-hour on-demand video, one practice test, 10 downloadable resources, full-time access on mobile and TV, and more. For easy accessibility, the course includes closed captions, and you’ll receive a certificate of completion at the end. 

The accounting course includes 8 sections and 16 short lectures. After every section, there will be a CPE review quiz with two questions to test your understanding. You’ll also get a 30-page booklet and CPE-qualified assessment of 10m questions. 

Course providerUdemy
Course duration1h 40m
Price $19.99
Course instructor  Vincent Turner (MSBA, Certified Information Systems Auditor)

Enroll Now – Accounting in 60 Minutes

Coursera – Wharton Accounting

Introduction to Financial Accounting by Coursera includes four modules to help you master the financial skills needed to evaluate financial statements and understand accounting standards. It’s accessible in 22 languages and allows you to learn new things about accounting, gain an exceptional understanding of the subject, and develop relevant skills for job or career growth.

When the course is complete, you’ll be able to understand essential financial statements – income statements, balance sheets, and cash flow statements. It requires you to attend 6 quizzes for assessment and get a shareable certificate. You can share the certificate on your LinkedIn profile or social media.

Coursera Wharton Accounting
Course providerUniversity of Pennsylvania
Course duration13 hours (Flexible schedule)
Price $9/month
Course instructor  Brian J Bushee (Professor of Accounting at Wharton School of the University of Pennsylvania)

Enroll Now – Wharton Accounting

Coursera – Fundamental of Accounting Specialization

Fundamental of Accounting Specialization by Coursera enables entrepreneurs and managers to learn accounting basics in over 22 languages. It teaches the principles behind financial statements and their importance in finance to help you make effective business decisions and set professional goals. 

You can learn accounting flexibly at your own pace by choosing a preferred time that works with your daily job or routine. The course comes with modules, such as understanding financial statements, basic accounting, how to account for strategy assessment, and the fundamentals of accounting capstone.

If you give 9 hours a week, you can finish the course series in 2 months, earn a career certificate shareable on LinkedIn, or add the credentials to your CV or Resume. 

Coursera Financial Accounting Fundamentals
Course providerUniversity of Illinois at Urbana-Champaign
Course duration2 Months
Price $9/month
Course instructor  Gary Hecht, (Associate Dean, University of Illinois)
Kevin E. Jackson (Professor of Accountancy, University of Illinois)
Sharon P.Cox ( Lecturer of Accountancy, University of Illinois)

Enroll Now – Fundamental of Accounting Specialization

Coursera – Managerial Accounting: Cost Behaviors, Systems, and Analysis

Managerial Accounting: Cost Behaviors, Systems, and Analysis is an intermediate-level course for managers. It is part of the “value chain management specialization” and is accessible in over 20 languages. You can choose your own pace to learn everything in managerial accounting. 

You’ll learn new accounting concepts, understand tools, develop skills relevant to your career with hands-on projects, and earn a shareable certificate. The managerial accounting course has four modules, including basics of managerial accounting, elements and designs, activity-based costing, and cost-volume-profit analysis.

Coursera Accounting Fundamentals Specialization
Course providerUniversity of Illinois at Urbana-Champaign
Course duration20 Hours
Price $9/month
Course instructor  Gary Hecht (Associate Dean, University of Illinois)

Enroll Now – Managerial Accounting

Coursera – Forensic Accounting and Fraud Examination

Forensic Accounting and Fraud Examination by Coursera is an advanced course in accounting accessible in 22 languages. It offers a shareable certificate and six quiz assessments to ensure your understanding. 

The forensic accounting course has five modules: accidental fraudster, predator fraudster, Benford’s law, financial analytics, cybercrime and money laundering, and whistleblowing. You’ll have a flexible schedule to complete this course. 

Coursera Forensic Accounting and Fraud Examination
Course providerWest Virginia University
Course duration6 Hours
Price $9/month
Course instructor  Dr. Richard Riley (Professor of Public Accounting, West Virginia University)
Dr. Richard Dull (Professor in Accounting Information Systems, West Virginia University)
John Gill, J.D (Vice President – Education, West Virginia University)

Enroll Now – Forensic Accounting

Coursera – Accounting for Decision-Making

Accounting for Decision Making by Coursera is an intermediate-level course where you’ll learn the fundamentals of accounting and how to make informed decisions in business. It teaches the key financial statements like income statements and balance sheets, how accounting is related to economic reality, and the purpose of every step in the accounting cycle. 

The accounting course includes 32 quiz assessments and a shareable career certificate for your skills. You’ll find seven modules in this course – the importance of accounting, the bookkeeping and accounting cycle concepts, revenue and account receivable calculations, long-lived assets, stockholders and liabilities equity, and cash flow statements.

Accounting for Decision Making
Course providerUniversity of Michigan
Course duration29 Hours
Price $9/month
Course instructor  Greg Miller (Professor, University of Michigan)

Enroll Now – Accounting for Decision-Making

edX – MITx: Financial Accounting

MITx Financial Accounting by edX is an advanced-level course that enables you to analyze financial statements, such as those of creditors and investors. You’ll learn financial accounting, how to read income and financial statements, and how to evaluate models.

The course contains four parts: accounting basics, financial statement analysis, liabilities and stockholder’s equity, and evaluating accounting. It’s a long-term course that benefits general managers, quantitative researchers, risk and asset managers, financial advisors, financial analysts, and other professionals.

edX MITx's Introduction to Financial Accounting
Course providerMassachusetts Institute of Technology Online (MITx)
Course duration12 Weeks
Price $549 
Course instructor  John Core (Professor of Accounting at the MIT Sloan School of Management)
Egor Matveyev (Senior Lecturer in Finance at the MIT Sloan School of Management)

Enroll Now – MITx Financial Accounting

edX – Financial Accounting Made Fun

Financial Accounting Made Fun by edX is an introductory-level course that teaches you the finance language and how to manage and grow your business using financial statements. In this course, you’ll learn how to use financial statements, the types of information to check in every statement, and the difference between cash and profits. 

This four-week course strengthens your understanding of business transaction analysis, cash flows and income statements, ratio analysis, and forecasting. It also enables you to progress quickly by dedicating 4-6 hours weekly. You’ll get an optional upgrade for free once enrolled.

edX Financial Accounting Made Fun
Course providerBabsonX
Course duration4 Weeks
Price $249
Course instructor  Peter Wilson (Professor, Accounting and Law Division at Babson College)

Enroll Now – Financial Accounting Made Fun

Accounting 101: Financial Accounting by Study.com offers expert instruction on the basics of financial accounting. After every lesson, you can take a quiz to track your progress and check your best score. You’ll find 14 chapters and 138 lessons on accounting principles, ethics, cycle mechanics, long-term liabilities, etc. 

After completing the course, you’ll get a 50-question practice test to check your learning. This test includes all topics and a detailed explanation of wrong answers through video. You can complete the course at your own pace. The financial accounting course also qualifies as transferable credit.

Study.com Financial Accounting
Course providerStudy.com
Course duration18h 40m (Approx.)
Price NA
Course instructor  NA

Enroll Now – Accounting 101

LinkedIn Learning – Accounting Ethics

The Accounting Ethics course on LinkedIn Learning includes two project files and four chapter quizzes. It is beneficial for both private and public businesses.

The course enables you to understand financial reports, ethical frameworks, the difference between ethics, beliefs, and values in accounting, legal structures, and more. It will also help you develop accounting and business ethics skills

accounting ethics
Course providerLinkedIn Learning
Course duration50m 41s
Price NA
Course instructor  Ajay Pangarkar

Enroll Now – Accounting Ethics

LinkedIn Learning – Getting Started in Finance and Accounting

Getting Started in Finance and Accounting by LinkedIn is a stack of six courses covering multiple courses on accounting, bookkeeping, finance foundations, and more. These courses will enhance your skills in financial analysis, accounting and budgeting basics, and how to use transactional data to identify issues and develop effective financial plans. 

With all the courses, you can explore different financial processes used to evaluate the cash flow and financial statements. You’ll also learn to set, organize, and maintain realistic budgets. Get a certificate of completion after you complete the courses. 

Getting Started in Finance and Accounting
Course providerLinkedIn Learning
Course duration9h 59m
Price NA
Course instructor  Jim Stice (Professor of Accounting at BYU)
Earl Stice (Professor of Accounting at BYU)
Denise Probert (CPA Exam Coach and Accounting Professor)
Michael McDonald (Professor of Finance at Fairfield University)

Enroll Now – Getting Started in Finance and Accounting

Alison – Internal Auditing: Fundamental Principles and Concepts

Internal Auditing—Fundamental Principles and Concepts is a bookkeeping course Alison offers to refresh and enhance internal auditing skills. It is best for internal auditors and auditing professionals. 

Alison Internal Auditing

The course offers straightforward topics that cover the essential key points of internal auditing, such as the types and processes of conducting an internal audit. You’ll also learn the difference between external and internal auditing. 

The Internal Auditing course has two modules. The first module contains five topics on the fundamentals of internal auditing, including how to conduct internal auditing and prepare reports. The second module includes a course assessment to test your understanding of the principles and concepts of internal auditing. 

Course providerExoexcellence Consultants
Course duration1.5 to 3 Hours
Price Free
Course instructor  NA

Enroll Now – Internal Auditing

To become an accountant, here are some of the following accounting degrees you can pursue: 

  • Bachelor’s Degree in Accounting/Finance: Most accounting rules require this degree, which allows you to learn basic accounting principles, financial statements, laws and regulations, auditing, etc. 
  • Master’s Degree in Accounting/Finance: Obtaining this degree will help you learn advanced concepts in accounting and finance, making you an excellent candidate for many accounting roles.
  • Bachelor’s or Master’s Degree in Business Administration (BBA/MBA): It will help you create a foundational understanding of accounting and finance in business. You can develop business management, leadership, strategic planning, critical analysis, communication, and more skills.
  • Doctorate in Accounting: You’ll gain a deeper understanding of accounting and finance to teach students accounting and conduct your research in a specific accounting or finance subject.

Tips for Succeeding in Online Accounting Courses

If you are undertaking an online accounting course, follow the below tips to maximize your chances of succeeding at it:

  • Master Time Management: Lack of time management can leave you unproductive and overwhelmed with tasks. To manage your time effectively, plan from the start. Set goals and a learning schedule that works best for you. Complete each section within a dedicated time. 
  • Develop Strong Study Habits: It’s easier to get distracted. Develop effective study habits by focusing on your learning goals and removing distractions like mobile phones, gaming, etc. Make your hours count by engaging yourself in deep, serious study.  
  • Familiarity with accounting basics: Before you start the course, learn the basics of accounting to get a strong foundation. Strengthen your math, data organization, problem-solving, and critical thinking skills to ease your understanding of advanced topics.

Career Benefits of Accounting Courses

Some career benefits of accounting courses include:

  • Skill Enhancement: Taking up a course in accounting will help you develop various in-demand skills like financial analysis and operations management, strategic financial planning, regulatory compliance, and more. These skills will open plenty of career opportunities for you. 
  • Career Advancement: All industries and businesses leverage accounting for accurate financial reporting and tax filing. Also, there is a shortage of talented individuals across the globe. So, getting relevant skills in accounting helps advance your accounting career and makes you a competent and deserving candidate for many companies globally. 
  • Networking Opportunities: Accounting skills are widely recognized and valued. You can bag high-paying jobs in top corporations. It also exposes you to excellent networking opportunities with companies and clients worldwide.  

Explore More on Accounting

  • Golden rules of accounting
  • Cost accounting basics
  • Best accounting software

Source: geekflare.com

Related stories
1 week ago - Small businesses offer entrepreneurs financial independence and personal fulfillment. They open the pathway to positively impact a community. With many side business ideas available, choosing an innovative business concept ensures its...
1 month ago - Bookkeeping is a process in which a company systematically collects, records, organizes, and tracks its financial data daily throughout the year. Bookkeeping is important for businesses to ensure that every transaction, income, expense,...
1 month ago - School accounting software helps K-12 schools and educational institutions manage finances by tracking expenses, budgeting, handling payroll, and ensuring tax compliance. It also automates key administrative tasks, streamlining...
3 weeks ago - Manage your business finances with QuickBooks Online. Learn how this popular accounting software can simplify invoicing, bookkeeping, expense tracking, and reporting. The post QuickBooks Online Review: Features, Benefits, Pricing, and...
1 month ago - Is Wave Accounting the right accounting software for small businesses? Read our in-depth hands-on review, which includes features, pricing, pros, and cons, and compares it with top competitors like QuickBooks, Zoho Books, and Xero. The...
Other stories
1 hour ago - Hello, everyone! It’s been an interesting week full of AWS news as usual, but also full of vibrant faces filling up the rooms in a variety of events happening this month. Let’s start by covering some of the releases that have caught my...
1 hour ago - Nitro.js is a solution in the server-side JavaScript landscape that offers features like universal deployment, auto-imports, and file-based routing. The post Nitro.js: Revolutionizing server-side JavaScript appeared first on LogRocket Blog.
1 hour ago - Information architecture isn’t just organizing content. It's about reducing clicks, creating intuitive pathways, and never making your users search for what they need. The post Information architecture: A guide for UX designers appeared...
1 hour ago - Enablement refers to the process of providing others with the means to do something that they otherwise weren’t able to do. The post The importance of enablement for business success appeared first on LogRocket Blog.
2 hours ago - Learn how to detect when a Bluetooth RFCOMM serial port is available with Web Serial.