Need to Brush up on your Accounting Skills?

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Mr. Manager - Certified Professional
Rank: King Kong | banana points 1,241

Some of you may have heard that Harvard Business School does not teach introductory accounting classes anymore. One of the reasons is that they use an online accounting software from a BYU professor, who is now providing his course for free.

Has some pretty good exposure and some top endorsements, so it might be worth checking out. Linked below.

Learn Accounting Free

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Comments (53)

Apr 30, 2014

can't believe this really is free. Thanks.

May 15, 2014

will this help for sa?

May 15, 2014
mt3321111:

will this help for sa?

basic financial accounting. If you got an SA offer I assume you know this already.

Apr 30, 2014

Would SB you if I could. Thanks for this great source!

Apr 30, 2014

Thanks man!

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Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

May 2, 2014

This is fantastic, thank you!!

May 2, 2014

Appreciate it, kind sir.

May 3, 2014

This seems like a great resource, definitely will check it out after CFA exams!

May 5, 2014

I'm going to check this out BEFORE the CFA exam!

May 3, 2014

Jesus...the professor, Norm Nemrow is a boss.

May 3, 2014

Thanks for sharing. This is great.

May 4, 2014

Thank you good sir

May 4, 2014

This is awesome! Thanks and SB!

It's hip to be square!

May 4, 2014

Amazing! Thank you so much.

May 4, 2014

Love this. Been needing to brush up.

Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

May 4, 2014

Out of curiosity, is managerial accounting useful in any way?

May 4, 2014

Only if you work in something like FP&A or the controlling department of a company or maybe TAS/TS in the Big 4. It relies on information that isn't public, so you probably won't be applying any of it in IB, ER, etc.

May 5, 2014
kyc133enydc:

Out of curiosity, is managerial accounting useful in any way?

I'd add to what CorpFinHopeful said (which was spot on) and say that if you ever want to start our own business, it is very helpful to know. Especially if your business sells a product, the principles of managerial accounting are really designed to help you understand, manage, and decide on the most important aspects of your business like break-even analysis, capacity, etc.

Managerial accounting is the data behind margins, and therefore super important to maximizing margins. EXTREMELY useful. Also, I'd argue that even in IB and ER, if you are analyzing a public company, understanding managerial accounting can help you understand what is driving their margins, which can give you better insight.

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May 5, 2014

Much appreciated thanks.

Chaos is a ladder and the climb is real

May 5, 2014

Is there something like this for the finance side? (for us accountants)

May 5, 2014
TopChedder:

Is there something like this for the finance side? (for us accountants)

As ex-Big4, believe me... I wish.

However, you can get REALLY good information from the guides right here on WSO, and the websites Ibankingfaq and Mergers and Inquisitions (BWIS guides).

May 5, 2014
TopChedder:

Is there something like this for the finance side? (for us accountants)

Damodaran's webpage has all his MBA-level classes and materials on corporate finance, Valuation and Investment Philosophies.

May 5, 2014

This is awesome. Thanks for sharing. SB'ed!

May 5, 2014

Thanks so much! Trying out course 1 right now

May 5, 2014

Stormin Norman the Mormon! This was BYUs Accounting 200 course for years, prerequisite for their top ranked accounting program. Took it from Master Nemrow the last semester he taught. Fantastic material, thanks for posting!

"Do I need to be liked? Absolutely not. I like to be liked. I enjoy being liked. I have to be liked. But it's not like a compulsive need to be liked. Like my need to be praised."

May 6, 2014

I remember those videos back at BYU--they were great. I heard that Kay Stice recently made an updated set recently.

May 5, 2014

Much needed. Thank you patrick

Best Response
May 5, 2014

I posted this the other week, and I think a pretty nice companion (also free) to that site:

http://www.asimplemodel.com/

    • 2
May 7, 2014

This is incredible!!! Thanks for posting!

May 7, 2014

will be using this. thanks!

May 8, 2014

Thanks for this! It looks awesome, however... Is anyone else getting a 'PlaybackError' for the video that should be playing in the top left corner. I've tried this in IE and Chrome and I'm having the same issue. I also sent a note to the Tech Support but haven't heard back. If anyone has any idea how to fix this I would greatly appreciate it because at this point I'm stuck.

May 9, 2014

That is typically caused by a firewall interrupting the video stream. You can add our url to the firewall exception list and that should fix the issue. However, I think the easiest solution is to use our new HTML5 app that we are developing. It is till in beta form but it it build on a very powerful content delivery network and should get around the firewall issue. I can't post a URL but if you edit the apps current url from .com/languageofbusiness2013v2/acw.html to .com/webapp then you can login to the beta version.

May 9, 2014

Is the site working for everyone else? Just tried it and am getting Database Error "Error establishing a database connection"

May 9, 2014

Server had a glitch for a few minutes... everything is up and working.

    • 1
May 9, 2014
LearnAccountingforFree:

Server had a glitch for a few minutes... everything is up and working.

Why hello, you're welcome for posting a link to your website here :).

I used the software myself during undergrad and loved it. Tell the boss man thanks for me.

May 10, 2014

Awesome, SB for you!

dollas

May 12, 2014

Thanks OP

It's all about bucks, kid. The rest is conversation. -Gordon Gekko

May 13, 2014

To the guys that have tried it, can you post a few thoughts about the program? How is the quality and depth of information provided and how easy is it to absorb via the videos? I am planning on getting the $49 advanced financial accounting module in addition to the free one after the CFA exams.

May 13, 2014

I was pleasantly surprised at the depth of the information. I was thinking they would be short lectures on basic topics, but there is a shocking amount of information. Each of the lectures come with practice problems that the lecturer walks through later if you want them. The coolest feature for me was the ability to speed up the lecture to get through the lesson in half of the time. Haven't tried any of the advanced courses yet, but am planning on the advanced financial accounting as well.

May 14, 2014

Sounds great, thanks for the input!

May 14, 2014

Good resource to brush up with. Recommended.

May 14, 2014

I took this course my freshman year. Great overview of basic accounting principles.

May 15, 2014

i recommend this plus solving problems from any good textbook during your free time.

May 15, 2014

Thank you for posting this here!

May 16, 2014

This is really helpful!

May 16, 2014

Looks like an excellent resource - thanks!

Jan 1, 2015

You, my friend, are wonderful.

Jan 3, 2015

Very cool, thanks for posting!

Jan 4, 2015

Thanks for sharing!

Jan 5, 2015

...and then you realize that you can't open it on the iPad.

Jun 1, 2015
Dec 30, 2018