The Accounting Share learning guide
Learn accounting,
one clear step at a time.
Choose your starting point. Each stage connects lessons with a practice activity so you can check your understanding before moving on.
Stage 1 · Foundations
Start with the essentials
Goal: Explain what accounting records, distinguish assets from liabilities, and understand why every transaction has at least two effects.
- What is accounting? — Learn its purpose and the information it provides.
- What is bookkeeping? — Understand how recording supports reporting.
- Bookkeeping vs accounting — Compare the roles.
- Who uses accounting information? — Connect the information to decisions.
- Accounting concepts — Learn the assumptions behind the records.
- Double-entry accounting — Work through the two-sided logic.
Ready to move on?
Explain in your own words why borrowing $500 increases both assets and liabilities. Then attempt the introduction to accounting MCQs without notes. Revisit the explanations for any answer you cannot justify.
Stage 2 · Recording and reporting
Follow a transaction through the records
Try the practice lab: transactions to trial balance →
Goal: Identify the accounts affected, apply debit and credit rules, and connect the records to financial statements.
- Identify an accounting transaction.
- Understand accounts and their classifications.
- Check your knowledge of journals.
- Review posting to the ledger.
- Explore cash flow statements.
Use the financial accounting tutorial library for additional topics. Keep a study sheet with the entry, your explanation, and any mistake you corrected.
Stage 3 · Choose a subject
Develop the skills you need next
Financial accounting
Study recording, reporting and the information external users need.
Open the financial accounting library →Cost accounting
Learn how costs are classified, assigned and used to understand products and services.
Open the cost accounting library →Management accounting
Use accounting information for planning, control and decisions.
Open the management accounting library →A study routine you can repeat
Work through a break-even and CVP example · Compare static and flexible budgets
- Read: Choose one concept and write a short explanation.
- Apply: Solve an example before looking at the answer.
- Check: Compare the reasoning, not just the final number.
- Review: Return to missed questions after a break.
Take a topic quiz · Review questions and answers · Look up a term
Frequently asked questions
Do I need previous accounting knowledge?
No. Start with Stage 1 and take the topics in order. You only need basic arithmetic for the introductory examples.
Is this a certificate course?
This is a self-study guide to Accounting Share’s educational resources. It does not award professional certification or academic credit.
How do I track what I have completed?
Keep your own checklist of the lesson titles and practice topics you finish. This guide does not currently save lesson completion.