End-of-course conclusion

This free course, Fundamentals of accounting, has introduced you to the essential concepts and skills of accounting in four interactive weeks of study. You should now be familiar with the rules of double-entry bookkeeping that are crucial for both financial and management accounting. You should also have an understanding of how transactions are recorded in ledger accounts, and how such accounts are balanced off to prepare the trial balance and the balance sheet.

If you want to build on the skills and knowledge gained from studying this course, you might be interested in taking the Open University course B124 Fundamentals of accounting [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] .