Financial Accounting & Bookkeeping: From Beginner to Pro (Udemy.com)
Learn accounting from a successful entrepreneur and award-winning professor at the #1 accounting university in the USA
Created by: Norm Nemrow
Last updated September 2026
Our take
Based on the ratings of 5,344 students, a sample of their written reviews and the syllabus, as the course stood in September 2026. No course pays to be reviewed.
Norm Nemrow's course teaches financial accounting and bookkeeping from zero. It runs about 32 hours across 157 lectures and 12 sections. It starts with debits and credits, moves through the accounting cycle and a practice set, then covers sales, inventory, long-term assets, debt, equity and financial statement analysis. The syllabus shows only about 10.5 hours is straight instruction. The rest is worked problems and walkthroughs. It was last updated in September 2026, so it is current. It suits beginners, business owners, career changers and investors.
Reviewers keep coming back to the teaching. They call Norm clear, easy going and relatable, and one returning learner praised his even pacing. One student credits the problems for making it click, saying it beat their college classes. A reviewer who has owned a business for eight years says it showed them how the business works inside. Complaints are rare: 95 of 5,344 ratings are one or two stars. The one detailed complaint is from a student outside the US who found the course US-focused and was unhappy about a refund.
Nearly 3,400 of the 5,344 ratings are five stars, and the average is 4.7, with about 37,500 students enrolled. Thirty-two hours is a real commitment, though the course lets learners skip practice they don't need. It says it is self-contained, so the rest of the series is optional. Recommended for anyone who wants a solid first pass at accounting. Look elsewhere for software training or non-US standards.
Pros
- Reviewers describe Norm as clear, relatable and evenly paced, and say the explanations are easy to follow
- About 21 of the 32 hours are worked problems and walkthroughs, plus a full practice set
- Covers the whole cycle, from journal entries to cash flow statements and ratio analysis
- Updated in September 2026, with 19 quizzes spread over 12 sections
Cons
- Long at about 32 hours, and most of that is practice that takes real time to work through
- One reviewer outside the US found it US-focused and not useful for them
- Teaches the double-entry system only, with no accounting software hands-on
Very thorough and great explanations. Great problems to work on and I feel like I am finally understanding this stuff now compared to classes in college.
Listed as All Levels, but it really suits true beginners. Only basic arithmetic is required, and refreshers are welcome too.
What you will learn
- #1-rated accounting course on Udemy. Produced at the #1 accounting university in the United States. Learn accounting the proven, easy-to-understand way.
- Only 10.5 hours of instruction, backed by 21 hours of guided practice, worked problems, and walkthroughs that turn understanding into real accounting skill.
- Start from zero and make debits and credits finally click with Norm’s clear, step-by-step teaching that explains the logic before the rules.
- Learn accounting the right way as one complete system, from transactions and journal entries through ledgers, trial balances, and financial statements.
- Read and understand the balance sheet, income statement, statement of retained earnings, and cash flow statement to make better business decisions.
- Apply the full process in a Financial Practice Set that takes a fictional company from business transactions to completed books and statements.
- Master cash-basis and accrual accounting, including prepaid expenses, unearned revenue, accruals, and adjusting entries.
- Account for sales, discounts, returns, credit-card transactions, receivables, bad debts, gross margin, and markup.
- Calculate inventory and cost of goods sold using specific identification, FIFO, LIFO, and moving weighted average.
- Use internal controls to protect business assets and account for payroll, employer taxes, sales taxes, and property taxes.
- Account for long-term assets, including depreciation, repairs, disposals, intangible assets, goodwill, natural resources, and depletion.
- Understand financing through notes, mortgages, bonds, stock, dividends, retained earnings, and owners’ equity.
- Analyze liquidity, turnover, leverage, earnings per share, P/E, book value, and financial trends.
- Understand the double-entry system behind accounting software, so you know why the numbers work, not just where to click.
Course content
12 sections · 157 lectures · 33 hours of video 19 quizzes, 22 articles
- 1Meet Your Instructor and Introduction to Course 1 free preview1 lecture · 5 min
- 2Lesson 1: Introduction to Financial Accounting 1 free preview7 lectures · 1.6 hours
- 3Lesson 2: General Purpose Financial Statements 2 free previews19 lectures · 3.8 hours
- 4Lesson 3: Accounting Cycle Part One11 lectures · 2.9 hours
- 5Lesson 4: Accounting Cycle Part Two12 lectures · 2.7 hours
- 6Lesson: Financial Practice Set9 lectures · 2 hours
- 7Lesson 5: Sales Revenues14 lectures · 2.7 hours
- 8Lesson 6: Inventory15 lectures · 2.9 hours
- 9Lesson 7: Operating Expenses and Internal Controls9 lectures · 1.8 hours
- 10Lesson 8: Long Term Operating Assets19 lectures · 3 hours
- 11Lesson 9: Debt and Equity Financing14 lectures · 3.5 hours
- 12Lesson 10: Financial Statement Analysis27 lectures · 4.7 hours
Who it is for
The instructor says it suits
- Complete beginners and learners who have tried accounting before but need a clear, step-by-step explanation that finally makes sense.
- Entrepreneurs and small-business owners who want to understand financial statements, communicate with accountants and lenders, and make better decisions.
- College students, career changers, and aspiring accountants or bookkeepers who need a strong financial-accounting foundation for school and professional work.
- Managers and professionals who want to understand how transactions affect financial statements, business performance, and conversations with finance teams.
- Investors who want to read financial statements and evaluate a company's financial health more intelligently.
What you need before you start
- No prior accounting or bookkeeping experience is required. The course starts with the fundamentals and builds step by step.
- Only basic arithmetic is needed: addition, subtraction, multiplication, and division.
- No accounting software is required. You will learn the underlying double-entry system that accounting software is built on.
How it compares
Against the other 200 rated Udemy courses in Accounting on CourseDuck:
- Rating4.7 out of 5higher than 90% of them
- Reviews5,344#11 of 201 by number of reviews
- Length32.5 hourslonger than 90% of them
- Last updatedSeptember 2026more recently than 93% of them
Course Description
Accounting is the language of business
Learn financial accounting and bookkeeping from the ground up. Record transactions, complete the accounting cycle, prepare financial statements, and use them to make better business decisions.
Accounting is called the language of business because its sole purpose is to communicate information to decision makers. Whether you own a business, work for one, hope to start one, or invest in one, this course helps you understand where that information comes from, what it means, and how to use it.
Norm's goal is to help you become a better decision maker, not a bean counter. Once you speak the language, you gain what he calls an almost unfair advantage in business.
This course is built for beginners. You do not need prior accounting experience, advanced math, or accounting software. Norm explains the purpose first, shows how the pieces connect, and makes complex ideas understandable one step at a time.
A proven course with an extraordinary history
The highest-rated accounting course on Udemy, trusted by more than 100,000 learners on Udemy and at schools around the world.
Used by more than 100,000 learners across its broader history.
Highlighted in The New York Times, Wired, and Gigaom.
Recommended by Harvard to incoming MBA students who had not studied accounting.
Clayton Christensen, the late Harvard Business School professor and author of The Innovator's Dilemma, called Norm's teaching “extraordinary.”
Quick glance
Built for beginners: Start with no accounting or bookkeeping background. Only basic arithmetic is required.
Complex ideas made simple: Norm connects each concept to its business purpose before teaching the mechanics.
Learn the complete system: Move from transactions and debits and credits through financial statements and financial analysis.
Apply what you learn: Complete a Financial Practice Set using journals, ledgers, trial balances, adjustments, closing entries, and final statements.
Become a better decision maker: Learn what the numbers mean and how to use them.
Self-contained: This course delivers a complete financial-accounting and bookkeeping foundation. The rest of the series is optional.
31 hours? That’s the good news.
What makes this course unusually powerful is that nearly two-thirds of it is practice, worked problems, and guided walkthroughs, not lecture. You get far more than someone explaining accounting to you. You get the resources to work through it until it makes sense.
Think of it as about a 10.5-hour accounting course with an additional 21 hours of built-in practice and help.
About 10.5 hours of clear instruction: Learn the complete financial-accounting and bookkeeping system and the logic behind it.
About 21 hours of practice and problem-solving: Worked problems, demonstrations, detailed walkthroughs, and the complete Financial Practice Set.
Choose what you need: New to a concept? Work through the practice. Already understand it? Move ahead.
Keep it as a reference: Return to the exact problem, demonstration, or walkthrough whenever you need it.
One-third instruction. Two-thirds practice and problem-solving. That’s how accounting really starts to click.
Top University Accounting. Designed for Everyone.
This course comes from the #1 accounting university in the United States, but it wasn’t designed to feel like a course only accounting majors or college students could understand. It was built to make accounting understandable for people from all backgrounds and all walks of life.
From the beginning, the goal was to make powerful accounting concepts simple, practical, and easy to understand without sacrificing what makes the course so complete.
College or no college: The course builds each concept step by step without assuming an accounting background.
No advanced math required: Norm teaches the logic first, then shows you how the accounting works.
Built for a global classroom: Learners studying in English as a second language successfully take this same course.
Proven in very different learning environments: Through a philanthropic education program Norm supports, learners across Africa, the Philippines, the South Pacific, South America, and other emerging economies are taking this exact course. Many live in communities where access to higher education is limited, and they are succeeding, learning accounting, and applying it to start and strengthen small businesses.Accounting is broad, but Norm makes it understandable. He teaches the logic before the rules and shows how every part of the system connects.
That combination of depth and remarkable clarity is the magic of the course. It is also part of what made Norm's teaching stand out far beyond his own classroom, earning attention from Harvard and coverage in The New York Times and Wired.
The full accounting system. Taught so it makes sense.
Learn the system and understand what the numbers mean
You begin with business transactions, the accounting equation, and the four core financial statements. Then you record transactions with debits and credits, post them to ledgers, prepare a trial balance, make adjusting and closing entries, and complete the accounting cycle.
The Financial Practice Set brings the process together. You will set up a manual accounting system for a fictional company, record a realistic series of transactions, use special journals and subsidiary ledgers, and prepare completed financial statements.
This is not a QuickBooks or Xero tutorial. It teaches the double-entry bookkeeping system those tools are built on, so you understand the logic rather than merely learning where to click.
As the course progresses, you will learn to:
Build and interpret financial statements: Balance sheet, income statement, statement of retained earnings, and statement of cash flows.
Instructor Details
- 4.7 Rating
5,344 Reviews
Norm Nemrow
Professor Norm Nemrow is a self-made multimillionaire, philanthropist, and instructor honored by the President of the United States. He's been highlighted in the New York Times and Wired. But to nearly everyone, he is simply Norm.
At the beginning of each semester, he would tell his students that although he did not have a PhD, he did have a master’s degree in accounting, so “Master Nemrow” was also acceptable. Plenty of students took him up on the joke, and to this day he answers to both.
In 1979, after earning his Master of Accountancy from BYU, Norm began his career with Arthur Andersen & Company in Orange County, California, practicing as a CPA for three years before leaving to join a start-up real estate investment company. As its Chief Financial Officer and later its President, he helped manage its nationwide growth to more than 11,000 apartment units before negotiating the sale of the business in 1985 for nearly a third of a billion dollars. He retired at the age of 30. During those years he also taught as an Associate Professor at the Pepperdine University Graduate School of Management.
More courses by Norm Nemrow
Financial Accounting & Bookkeeping: Next Level (2026)
4.6 (674 Reviews)
Provider: Udemy
Time: 15.4h
$74.99
More Accounting courses
Bookkeeping Basics #3: QuickBooks™ Desktop Fundamentals (2025)
4.8 (998 Reviews)
Provider: Udemy
Time: 4.8h
$119.99
QuickBooks Desktop Pro 2022 Made Easy for Beginners
4.8 (158 Reviews)
Provider: Udemy
Time: 9.1h
$84.99
Xero Online Accounting - Learn Xero in a Day 2026
4.7 (3,109 Reviews)
Provider: Udemy
Time: 4.2h
$13.99
Accounting - A Brief Introduction - in 60 Minutes (2018)
4.7 (2,700 Reviews)
Provider: Udemy
Time: 1h
$12.99
Reviews
By Zuzana Hussein Sayed on 8/14/2026
My expectation from this course is to strengthen my understanding of financial accounting and bookkeeping principles and refresh my knowledge in these areas. As part of my role, I regularly work with financial statements and tax returns, so I believe this course will help me better understand the accounting concepts behind the figures and improve the quality of my tax compliance and reporting work.
By Robert Henderson on 7/31/2026
This course has been a good match for me. I have experience in this field, but have been out of the field for many years. This is proving to be a very comfortable refresher and update of my knowledge and skills. The instructor is clear and easy to understand, as well as pleasant to listen to. His pacing is very even and easy to keep up with.
By Jake Graham on 7/14/2026
This course was amazing. It opened my eyes to the inner workings of business. I have owned a business for 8 years, and didn't understand this stuff (And subsequently didn't understand how valuable my business is)
By q31Q0x1IE02@qVH q31Q0x1IE02@qVH on 5/21/2026
Yes good I can understand
By Peter Fleming on 5/8/2026
Very easy to follow. Apparently he taught for thirty years for free having made his pile in real estate! Personally awarded by President Bush. He taught at a university that doesn't allow alcohol, tobacco or even coffee! Puritans!
By Ram . on 4/9/2026
Nobody breaks down all the accounting concepts from basics like he does. Absolutely the best course for enhancing your understanding of financial accounting
By Alok Vlogs on 3/10/2026
I a chartered Accountant Student and preparing for the FInal level in India. This training re-inforced my concepts and gave me an insight about how to understand the story behnd the numbers.
By Mary Burrows on 3/9/2026
I took this course as a refresher, and found the lecture was very skilled, thorough and knowledgeable . I would highly recommend and will refer to this course when needed.
By Alejandro on 1/14/2026
This has been the most well-taught, comprehensive, and presented course I've ever taken online. The lecturer is very knowledgeable while trying his best to explain every topic covered with plenty of practical examples and exercises. That's a big plus to me because I'm kind of a slow learner, so all these examples helpme better understand and retain the main idea of each lesson.
By Raymundo Garcia on 12/12/2025
Instructor is very well detailed and knowledgeable in the topic with excellent explanations. His lessons and watching him makes you feel more like a being in a typical classroom. Will definitely recommend his courses to anyone trying to learn accounting. Excellent and very well done. Never gave anyone this recommendation.
By Siddharth Dharmadhikari on 11/7/2020
Absolutely loved this course!!! Anyone who wants to learn accounting must do this one first.
By Raymond Ohaegbulem on 11/1/2020
Very explanatory
Quality Score
No CourseDuck member has rated this course yet. Taken it? Give each part a thumbs up or down.
Overall Score : 94 / 100







