Accounting Concepts and Standards (Short Course)

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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.

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.

All free online certificate courses at Oxford Home Study Centre are 100% free of charge from start to finish.  There is no enrolment fee, all study aids are provided via our online learning platform and all of our courses are self-paced for total flexibility.

Our exclusive free courses provide the perfect opportunity to expand your knowledge, develop new skills and explore new professions.  Upon completion of your free online certificate course, you will have the option of claiming one of three different types of certificates for a small fee:

  1. An official Course Completion Certificate from Oxford Home Study Centre
  2. A CPD Accredited Certificate to boost your CPD profile
  3. An Endorsed Certificate issued by the Quality Licence Scheme

Each of these certificates could prove helpful in supporting future job applications, or helping you climb the career ladder with your current employer. All certificates are 100% optional upon successful completion of your course - available to purchase with your preferred postage option.

For more information on certificate costs, head over to our pricing page or contact a member of the team at Oxford Home Study Centre anytime. 


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



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Course Info

Course Level Short Course
Awarding Body OHSC
Study Method Online
Course Duration 20 Hours
Entry Requirements Open to All
Start Date Ongoing