4 weeks / 6 hours per week
About This Course
It covers the fundamentals taught in a first-semester undergraduate financial accounting course.
Our goal as creators of this course is to prepare you to pass the College Board's CLEP examination and obtain college credit for free.
“Financial Accounting” is a completely self-paced course. It has no prerequisites and it is offered entirely for free.
How is this course organized?
This course is organized into five modules that contain short video lessons, exercises and readings.
All of the course material has been released at once so you can complete it anytime.
What do I need to pass the CLEP exam?
You need to demonstrate how to use and analyze accounting data and financial reports an understand the rationale for generally accepted accounting principles and procedures.
The exam contains approximately 75 questions to be answered in 90 minutes. Please examine our syllabus.
How does this course differ from other CLEP textbooks and traditional courses?
This online course includes a carefully structured series of video lectures and exercises taught by a top quality university professor.
Navigating Through Our Platform
1. General Topics
2. The Income Statement
3. The Balance Sheet
4. Statement of Cash Flows
5. Miscellaneous Accounting Components
Sample CLEP Questions
Questions 1 - 15
Questions 16 - 30
Questions 31 - 45
Questions 46 - 60
Questions 61 - 75
Questions 76 - 90
How Your Score Is Computed