Accounting Principles and Concepts - Free Course

Build a detailed knowledge of the most important accounting principles and concepts, along with the growing standardisation of accounting activities and principles worldwide. Oxford Home Study Centre is proud to offer another free accountancy and finance course, providing a detailed look at several accounting concepts’ meanings, objectives and applications. Now available with not a penny to pay for the first time ever, this exclusive course is open for enrolment 365 days a year on a global basis.

Study the advantages and potential disadvantages of standardisation in accountancy, along with an overview of the most important Generally Accepted Accounting Principles (GAAP) and efforts to achieve standardisation worldwide. Explore a series of key accounting concepts and standards, including but not limited to the business entity concept, money management concept and consistency concept. Build the knowledge and skills needed to take your career to the next level, with all course materials included as standard.

With no prior knowledge or experience required, this free accountancy and finance course could take you a step closer to achieving your goals. Enrol online in just a few clicks, or contact a member of the team at Oxford Home Study Centre anytime for more information.

For learners seeking structured progression, our online Accounting Courses Online provide a practical pathway into professional Accounting and Finance, helping you strengthen essential knowledge while studying flexibly at your own pace. These programmes are designed to support long-term career development through accessible and career-focused learning.

You may also wish to explore our Free Online Accounting Courses, offering an excellent starting point for beginners who want to build core financial understanding without cost or commitment. These courses make it easier to develop confidence before moving on to more advanced study.

To broaden your learning opportunities further, our Free Online Courses with Certificates give you the chance to gain recognised proof of achievement while studying completely online. Combined with wider Accounting and Finance study options, they provide a flexible and supportive route for ongoing professional growth.

By the end of this Course the learner will be able to:

Understand basic accounting principles.
Describe the bases of accounting.
Describe the accounting terminology and equation.

Free Study and Optional Certification

You can enrol on Accounting Concepts and Standards (Short Course), access the online learning materials and complete the course without paying a course fee. Certification is optional and available separately after successful completion.

You may choose to purchase:

QLS-endorsed Certificate of Achievement
CPD-accredited certificate issued by the CPD Standards Office as a record of continuing professional development

You can order either certificate on its own or purchase both for the same completed course. Buying one does not require you to buy the other.

Each certificate has its own price, and the total payable may vary according to the certificates selected, course level, format and delivery option. View our current certificate options and prices.

Certification is entirely optional and is not required to access the learning materials or complete the course.

Course Content

Topics Covered in the Course

This free accounting principles and concepts course covers the following topics:

• Topic 1 - Accounting Concepts & Standards
• Topic 2 - Business Entity Concept
• Topic 3 - Money Measurement Concept
• Topic 4 - Cost Concept
• Topic 5 - Attempts Towards Standardisation

How It Works

Build your knowledge through clear and accessible online learning.

Complete the assignments and achieve the required marks.

Choose an optional certificate after completing the course.

Why Choose a Certificate?

An optional certificate provides a clear record of successful course completion. Add it to your learning portfolio and share it where relevant.

Completing the course and its assessments shows your commitment to developing subject knowledge through focused, independent learning.

Use your new knowledge to support further study, workplace development or personal goals. A certificate records completion but does not guarantee employment or professional status.