One of the internet’s greatest gift to us is the access to information. Tons of books, videos, and other forms of educational content are made available at the tip of our fingers. While some will require payment before they give you access, there are still a number of sites that will give you free access to quality resources and structured courses from reputable institutions. With most of us now working from home, some of us will have more time to hone our skills in the midst of the COVID-19 pandemic. Below are some of the best online accounting courses that you can take for free to help you in your career as a Filipino accounting professional this 2020:
Created in partnership with the prestigious Wharton School in the University of Pennsylvania, this course offers a great refresher for accountants on the basics of financial accounting. On the other hand, non-accountant financial professionals will find this course useful as a solid introductory course in accounting.
The course requires 4 weeks of study, and it is recommended that you dedicate 5-6 hours per week to cope with the schedule. Participants are also required to pass all the graded assignment to complete this course.
While not linked to any traditional educational institution, Saylor Academy is one of the world’s oldest and leading alternative education and accreditation systems. Saylor’s course catalog contains more than 300 college-level courses in fields ranging from arts, business, history, natural sciences, social sciences, and other soft skills.
The business administration catalog is composed of courses on business fundamentals, accounting, finance, marketing, communication, and business management. The courses vary in length but they can be taken at your own pace. The system includes assessment methods such as quizzes and additional resources that enhance the participant’s understanding of the course.
3. Blockchain for Business – An Introduction to Hyperledger Technologies by The Linux Foundation - edX
The edX platform was founded by Harvard University and the Massachusetts Institute of Technology (MIT) in 2012. Today, edX partners with more than 90 of the world’s leading universities and organizations in delivering courses suited for undergraduates, graduates, and professionals.
In partnership with the Linux Foundation, edX offers a self-paced course on blockchain for business. The course is designed to provide introductory knowledge of blockchain technology to technical and non-technical audiences. Participants will also get to explore Hyperledger, a global cross-industry community hosted by the Linux Foundation. Hyperledger is pushing for an open-source business blockchain software that can accommodate apps to meet the needs of different industries. This is certainly one of the online accounting courses you need to take to catch up with the latest trends in accounting.
Microsoft Excel will always have a special place in the accounting industry. Every accountant has used Excel at some point in their careers. Today, Excel is still one of the most relevant and useful applications in the industry. That is why Microsoft and edX is offering a course in data analysis and visualization in Excel.
The course runs for 6 weeks, with a recommended pace of 2-4 hours per week. Participants can expect to learn how to use Excel in gathering data from multiple sources, discovering and combining data in mashups, and learning about data model creation.
The Association of Chartered Certified Accountants (ACCA) in partnership with edX provides one of the best structure of Massive Open Online Courses (MOOC) offerings for accountants. ACCA’s list of courses cover the basics of financial accounting, bookkeeping, and even advanced lessons in management and the roles of accountants in business.
The courses vary in length in terms of week, while participants are encouraged to dedicate 4-5 hours per week to fully understand the topics. Each course, like the others on this list, has assessment tools in the form of quizzes to guide you in identifying the areas of the subject that you need to study more.
Learning through the internet is fun and comfortable. You just have to keep your motivation up since you may get easily distracted by other activities while taking up these free accounting courses.
BONUS TIP: If you’re planning to take up MOOCs, invite your colleagues with you! This gives you the opportunity to discuss your insights with your peers, and ask them for help in topics that you are having difficulties with.
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This article was first published 18 January 2018 and edited 28 July 2020.