Learn journal entries, ledger, trial balance, P&L & balance sheet online. SkillSpark’s Basic Accounting Course is designed for beginners and freshers. Enroll now.
Upgrade your skills and be competent for the on demand jobs with this Basic Accounting Course
Introduction to Accounting
Key Accounting Terminologies | Understanding Accounting: Event and Transaction | Bookkeeping vs. Accounting | Role of Stakeholders in Business | Important Business Terminologies
Types of Business Entities
Sole Proprietorship | Partnership | Company | Formalities and Procedures for Establishing Each Entity
Accounting Principles and Concepts
Capital and Revenue Transactions | Generally Accepted Accounting Principles (GAAP) | Capital and Revenue Expenditure | Deferred Revenue Expenditure | Capital and Revenue Receipt | Accounting Concepts and Conventions | Double Entry System of Bookkeeping
Classification and Rules of Accounts
Account Definition | Classification of Accounts: Assets, Liabilities, Equity, Revenue, and Expenses | Debit and Credit: Traditional and Modern Rules
Journal and Ledger
Understanding the Journal: Purpose and Preparation | Ledger: Posting and Balancing | Trial Balance: Purpose and Preparation
Cash Book and its Types
Types of Cash Books: Simple, Two-column, Three-column | Understanding Discounts in Cash Book | Day Book Preparation Using Google Sheets
Depreciation and Its Impact
Definition of Depreciation and Its Causes | The Necessity of Charging Depreciation | Factors Considered for Depreciation Calculation | Methods of Depreciation (Straight-line, Diminishing Balance, etc.) | Provisions and Reserves
Trial Balance Preparation
Importance of Trial Balance | Steps for Preparing a Trial Balance
Trading and Profit & Loss Account
Trading Account: Definition and Preparation | Profit and Loss Account: Definition and Preparation
Year-End Adjustments
Adjustments in Final Accounts | Handling Prepaid and Outstanding Expenses | Treatment of Depreciation, Provisions, and Reserves
Balance Sheet Preparation
Structure and Format of a Balance Sheet | Preparation of Financial Statements Using Excel
Accounting Documents
Key Accounting Documents and Vouchers | Purpose of Accounting Documents | Filing and Storing Documents: Best Practices
Industrial-Oriented Journal Entry Practice
Practical Journal Entry Practice Using JET Simulation
A beginner-friendly 100% online course covering the Golden Rules of Accounting, Journal Entries, Ledger Posting, Trial Balance, and Financial Statements. Build a strong foundation in accounting and gain the practical skills needed to launch a successful career in finance.
An online basic accounting course is a foundational training programme that introduces the essential principles, concepts, and language of the financial world. Every advanced accounting system — from Tally to SAP — is built on these core Golden Rules of Accounting. SkillSpark’s Online Basic Accounting Course is specifically designed for beginners, giving you a crystal-clear understanding of how financial transactions are identified, recorded, and summarised to reflect the true health of a business.
The curriculum focuses on the practical logic of the Double-Entry System. You move step by step from understanding Assets, Liabilities, and Equity to mastering Journal Entries, Ledger Posting, and the preparation of a Trial Balance — all taught through real-world business scenarios rather than academic jargon. Whether you are a student from a non-commerce background, a fresher entering the workforce, or a business owner who wants to finally understand your own profit and loss statement, this course gives you the financial literacy needed to succeed in any accounting or finance role.
This course is the “Ground Zero” for anyone looking to enter the professional business world.
While a foundational course, it qualifies you for essential entry-level roles and serves as the gateway to specialized positions.
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