The following websites will help you understand any topic in your textbook by providing detailed explanations, illustrated examples, and simplifying difficult concepts.
Click on each image below to visit the sites mentioned:
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Since 2003, this lifeline of a website has provided explanations, quizzes, Q&A, and more for 30 major accounting topics at no cost. See detailed overviews for chart of accounts, adjusting entries, bank reconciliations, financial statements, and much more under the ‘financial’ topic tag. |
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Covering everything from closing the books to inventory accounting methods, AccountingTools offers free articles that explain complex accounting topics clearly. If you don't see what you're looking for in the Accounting Topic Index, the site also provides an A to Z list of all topics on its Dictionary of Accounting Topics: https://www.accountingtools.com/dictionary |
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Created for students, professional accountants, and everyone in between, Accountinginfo.com features an exhaustive list of flash card study guides for nearly every possible accounting topic. |
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Principlesofaccounting.com is a free, comprehensive financial and managerial accounting eText with videos accompanying each chapter on its YouTube channel (https://www.youtube.com/user/larrywalther). Chapters covering everything from the accounting cycle to cost accounting are linked to at the top of the homepage. |
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Misscpa.com is a site that provides free online resources to help you "understand and learn accounting the easy way." Find sample problems and easy-to-understand explanations for everything from basic accounting and bookkeeping to financial and managerial accounting. |
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Accounting-simplified.com provides students, professionals and entrepreneurs with over 200 simplified accounting lessons explaining a broad range of topics through practical examples and illustrations. |
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Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard for self-paced learning for nearly any subject. The site’s section for financial accounting explains topics such as cash and accrual basis of accounting, depreciation and amortization, and interpreting the financial statements. |
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Corporate Finance Institute (CFI) provides hundreds of guides and resources on core accounting concepts with examples, illustrations, and step-by-step instructions to make even the most difficult concepts easy to understand. |
Honorable mention:
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While not strictly an accounting website, Investopedia offers clear concise articles on everything and everything related to business and finance. The image to the left links to articles about all things accounting, and you can change the search terms to be anything you’re looking for (for example, here are search results for ‘balance sheet’: https://www.investopedia.com/search?q=balance+sheet). Need to quickly find a definition for a term? Check out the A to Z list of financial terms here: https://www.investopedia.com/financial-term-dictionary-4769738 |
