Welcome to Accounting Basics
Accounting Basics for Students is the best source of free basic financial accounting information – a site that has the simplest accounting tutorials, explanations and examples on the net!
My name is Michael Celender. I’ve been tutoring, lecturing and helping accounting students for a number of years. I created this site to help students and working professionals around the world learn accounting basics.
This site is based entirely around an accounting book I wrote. The first six links on the navigation bar are the first six chapters in the accounting book itself. In other words, Basic Concepts is chapter 1 in the book, Basic Transactions is chapter 2, Double Entries is chapter 3, and so on.
These 6 chapters (51 accounting tutorials in total ) have been provided here absolutely free for you to look through – basically a free accounting course online. I recommend going through these 6 chapters (all 51 accounting lessons) in order, starting with Basic Accounting Concepts . especially if you are new to the subject.
What else can you expect to see on the site?
If you’re looking for information on a specific accounting topic, use the “Search this website” tool on the top-right of your screen. It’ll show all the web pages, lessons and accounting questions on this site that deal with your topic.
At the bottom of each and every one of the 51 lessons on this site you can find questions related to that accounting topic. These are questions and exercises submitted by visitors, many of which have been solved for your benefit. If the questions have not yet been solved, you can help your fellow accounting students by trying to answer their questions. Use the “Search this website” box on the top-right of the screen to help you locate questions on specific topics.
You can post your own comments (and questions) using the Facebook comments sections at the bottom of every page.
In the section, Student Resources. I list my recommended resources for study and college, from accounting tutors to cheap textbooks as well as an amazing study skills system.
If you like the information on my website you can support us and keep the website free for people all around the world by:
Finally, stay up to date with us by signing up for my free accounting newsletter. or checking the Accounting Basics Blog (which lists the latest additions to the site).
All the best in your studies,
P.S. The accounting information presented on this site is in line with both U.S. and international accounting 101-type curricula, as accounting basics are virtually identical the world over. Only minor terms may differ (depending on where you are studying).
P.P.S. If you’re a student, use this site as a supplement. not as a complete replacement of your accounting textbook or lecturer, as you will be tested on what your lecturer and textbook say, not on this site, right? Right. -)
P.P.P.S. Please like and share our lessons questions with your friends.