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 100% 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.

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 two different types of certificates for a small fee:

A CPD Accredited Certificate to boost your CPD profile
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.

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.