BusinessFinancial Accounting

Take Financial Accounting online at your own pace
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ACE Credit®-recommended for 3.0 semester credits
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24436 students successfully completed
Course description
Sophia’s Financial Accounting course helps you master the fundamental principles and procedures of the modern practice of accounting. You will gain practical experience with bookkeeping and preparing financial reports within the context of operating a sole proprietorship.
Assessments and grading
This is a pass/fail course. You must complete 9 Challenges (formative assessments) and 5 Milestones (summative assessments) with an overall score of 70% or better.
Learning outcomes

Start your free trial today
- Take the first Challenge of any course
- Go at your own pace
- Access anytime, anywhere
- Confirm your completed courses will transfer
FAQ
Access the course content through the first Challenge of any of Sophia’s 50+ courses.
Check Sophia’s list of partner schools to see if your school is on the list. If not, contact your registrar to learn about your school’s transfer credit policy and if Sophia coursework can be submitted for transfer.
Sophia course completions do not expire and will be available to submit for transfer when you’re ready. At that time, check with your school’s registrar for their credit transfer policies.
If you’ve completed the first Challenge during your free trial, you can pick up right where you left off after you become a Sophia member.
Don’t worry. Your completed courses won’t disappear if you cancel your membership. Those courses will be there for you when you’re ready to submit for transfer.
If you have an education benefit through your employer, it may cover your subscription to Sophia. Check with your benefits administrator to find out if you qualify.
Earn college-level credit
With Sophia, you can take up to two courses at a time – accessible anytime, anywhere – for only $99 a month.
Inside the Sophia courseroom
An ACE® Credit-recommended learning pathway
Sophia’s ACE® Credit and DEAC-recommended courses have been accepted for credit at hundreds of colleges and universities. The American Council on Education's College Credit Recommendation Service (ACE®️ Credit) has evaluated and recommended college credit for over 50 of Sophia's online courses for college credit.