Accounting practice problems online with line-by-line feedbackaligned with IFRS and US GAAP
Master accounting, easily. Accountely gives you real worksheets for journal entries, trial balances, income statements, balance sheets and cash flows. Submit, and every line is scored, so you see exactly which account or amount is wrong and why. Free to start.
250+ practice problems · 6 statement types · line-by-line scoring · free to start
Real accounting practice, not more theory.
Accountely is a free online platform for accounting practice. You solve accounting practice problems in structured worksheets covering journal entries, ledgers, trial balances and the main financial statements, plus multiple-choice questions. Every submission gets instant, line-by-line scoring aligned with IAS/IFRS and US GAAP, so you learn accounting by doing, track your progress, and keep practicing until your statements balance.
Learn accounting online, one chapter at a time.
A guided path through the syllabus, from the accounting equation to IFRS topics, with exercises along the way. Each chapter moves from quick concept checks to journal entries, statements and full case studies, so you always know what to practise next.
- Chapters
- 15
- Sections
- 108
- Exercises
- 329
- Part I · Foundations
- Part II · Financial statements
- Part III · Assets
- Part IV · Liabilities & equity
- Part V · Advanced reporting
Accounting Practice Problems for Every Statement
Structured practice problems that mirror real-world accounting tasks, with intelligent, standard-aware validation.
Journal Entry Practice
Practice journal entries by recording debit/credit transactions with dates, narrations, and account classifications.
Start journal entry practice →Income Statement Practice
Multi-step and single-step P&L with discontinued operations and EPS.
Start income statement practice →Balance Sheet Practice
Build a current/non-current classified balance sheet. Assets = Liabilities + Equity.
Start balance sheet practice →Cash Flow Statement Practice
Direct and indirect method cash flow statements with IAS 7 flexible item placement.
Start cash flow practice →Trial Balance Practice
Extract and verify trial balance figures, including adjusted trial balances.
Start trial balance practice →Ledger Practice
Post transactions to running-balance or T-account ledgers and track account activity.
Start ledger practice →MCQ Quizzes
Theory questions on accounting principles, IAS/IFRS standards, and classification rules.
Take a quiz →From Practice Problem to Mastery
Choose a Practice Problem
Browse by type, difficulty, or standard. Easy warm-ups to hard multi-statement problems.
Fill the Table
Enter your answer in a structured financial table — just like a real accounting worksheet.
Get Smart Feedback
Receive line-by-line scored feedback. See exactly where you went right, and where to improve.
Smart Scoring for IFRS and US GAAP Practice
Our custom engine doesn't just pattern-match. It understands IFRS and US GAAP, accepts synonyms, handles multiple column layouts, and gives partial credit where deserved.
See Full DetailsSynonym Recognition
"Sales Revenue", "Net Sales", "Revenue from Operations" — all accepted as correct.
Semantic Prefix Parsing
"Less: Sales Discounts" is automatically treated as a negative value — just like in real practice.
Multi-Column Flexibility
Amounts can appear in any column. The engine finds the best match across all filled columns.
Partial Credit
Correct name but wrong amount? You still earn name points. Fair, nuanced scoring.
IAS 7 Flexible Items
Interest, dividends, and tax can appear in alternate sections — earning full credit with a warning.
Abs-Value Fallback
Expenses entered as positive still earn amount credit. Convention mismatches are handled gracefully.
Partial Credit. Fair Scoring.
Every submission is broken down component by component. You earn points for what you get right — not just full-or-nothing.
Base Score
Name match, amount accuracy, and section placement per line item
Bonus Score
Key totals correct — Gross Profit, Net Income, Operating Cash Flow
Per-Line Breakdown
Practice. Complete.
Earn a free accounting certificate.
Your work deserves recognition. Finish a tutorial series or reach practice milestones to earn a verifiable accounting certificate you can download as a PDF and share anywhere.
Nº A1B2C3D430 Days of Accounting
Accounting Practice Problems for Classrooms and Lecturers
Give your students structured accounting practice with full instructor oversight. Create custom challenges, run timed exams, track every student's progress — all in one place.
Simple, Transparent Pricing
Start free. Upgrade when you're ready. Deploy for your entire institution.
- All 6 challenge types
- Easy & Medium difficulty
- Line-by-line feedback on every submission
- Expected answer once you’ve submitted
- Adaptive practice recommendations
- 3 submissions per day
- Hard challenges (the 30-day path is free)
- Milestone and tutorial-series certificates, free to claim
- Unlimited submissions
- Hard difficulty challenges
- Unlimited submissions — no daily cap
- Every certificate, free to claim
- All 6 challenge types
- Line-by-line feedback on every submission
- Expected answer once you’ve submitted
- Adaptive practice recommendations
- Institutional features
- Everything in Premium
- Courses & assignments
- Timed exam management
- Institution analytics
- Custom private challenges
- Role-based access control
Accounting Practice Problems: FAQ
Are the accounting practice problems free?
Yes. The Free plan includes all 6 practice problem types at easy and medium difficulty, with line-by-line feedback on every submission and up to 3 submissions a day. Premium adds hard problems and unlimited submissions.
Do the practice problems follow IFRS and US GAAP?
Yes. Every problem is tagged and validated against the standard it follows, IFRS or US GAAP. Problems where both frameworks agree, such as debits and credits or trial balances, are marked as applying to both.
Can I learn accounting online here?
Yes. The learning path takes you chapter by chapter from the accounting cycle to IFRS topics, moving from short concept checks to journal entries, statements and case studies, so you always know what to practise next.
Can I earn an accounting certificate?
Yes. Finish the 30 Days of Accounting series or reach practice milestones, and download a verifiable certificate, free on any plan. Each one has a serial number with a public verification page.
More answers in the full FAQ.
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Ready to master accounting, easily?
Join students and institutions doing accounting practice with real problems and intelligent feedback for IFRS and US GAAP.