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You can master accounting fundamentals by taking this Free Accounting Training Course Basic Level in less than 1  hour. I assume that you are visiting this page because you are interested in learning more about accounting. Perhaps you are an engineer, science graduate or from a non-commerce background struggling to grasp this seemingly complicated  concept of accounting.I had my fair share of struggles with accounting; those debits & credits I never understood. However, while working at JPMorgan and many other research firms, I was fortunate to develop an intuitive sense of accounting and financial analysis. This story of accounting is for those who are still struggling with this basic concepts. I bet you will learn the core fundamentals of accounting in just 1 hour and without the usage of debits & credits. Accounting, or accountancy, is the measurement, processing and communication of financial information about economic entities. Accounting, which has been called the “language of business”, measures the results of an organization’s economic activities and conveys this information to a variety of users including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms accounting and financial reporting are often used as synonyms.