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Learn how to balance your books and develop the skills to manage finances in personal and business environments.
Get practical financial skills to help you balance the books
Discover how money flows in personal and business environments and develop the skills to manage your finances with this online accounting and bookkeeping course from the Open University.
You’ll master common terms, basic maths and gain the ability to put your knowledge into practice. After this course you’ll be able to perfectly balance your books and understand how concepts of profit and loss lead to revenue or debt.
Develop ideas through conversation
This course is not facilitated. Learners are encouraged to support one another, share personal experiences, and see new perspectives.
What topics will you cover?
Week 1 - financial accounting and reporting
Week 2 - essential numerical skills
Week 3 - double-entry and the balance sheet
Week 4 - accounting
Who is this course for?
This accounting course is for anyone wanting an introduction to bookkeeping and financial accounting. It might be of particular interest to small business owners, people who are self employed or those wanting to better manage their own finance. You don’t need any previous experience.
You can largely work from pen and paper in your notebook, and for more complex tasks use a standard calculator, or if you have a smartphone, the calculator app there. In the second half of the course there is a pre-made spreadsheet template for you to download and work through the exercises in Microsoft’s Excel, or free online software like Google Spreadsheets.
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