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Introduction to bookkeeping and accounting

A free eight-hour Open University introduction to bookkeeping: essential numeracy, double entry, the balance sheet and profit and loss.

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About this course

This OpenLearn course starts with the numerical skills bookkeepers rely on, such as percentages, ratios and rounding, then introduces double-entry bookkeeping. You learn to use T-accounts, prepare a trial balance and understand how the balance sheet and profit and loss account fit together.

Best for: Small-business owners and beginners curious about bookkeeping.

What you will be able to do

  • Use the core numerical skills needed in bookkeeping
  • Record transactions with T-accounts, debits and credits
  • Prepare a simple trial balance
  • Explain the balance sheet and profit and loss account

Syllabus and your progress

Tick modules off as you finish them on OpenLearn.

0 of 4 modules done

Plan your pace

At 4 hours a week you would finish in about 2 weeks, using the course time estimate above.

Progress is saved in this browser only. No account needed.

Cost and certificate

Free certificate

Free statement of participation from The Open University on completion.

OpenLearn sets the terms and can change them. Check the course page before you commit serious time, and tell us if something changed.

Quick answers

Is Introduction to bookkeeping and accounting really free?
Yes, the course material is free on OpenLearn. Free statement of participation from The Open University on completion.
How long does Introduction to bookkeeping and accounting take?
Plan for about 8 hrs in total (Provider estimate: 8 hours). It is self-paced, so you can go faster or slower.
Do I need experience before Introduction to bookkeeping and accounting?
No. It is a beginner course with no prerequisites listed.

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