ABU Accounting students have their work cut out for them. Accounting may be a highly respected and fairly lucrative career which implies that accountants are some of the highest-paid workers in the world, but the process leading to a career in accounting is not an easy task.
The Internet has a long list of free accounting apps designed and created for the sole purpose of making the work of accounting students easier. Most of these Accounting Apps are study aids that are useful at any point in your study.
If you are an ABU Accounting Student with a smartphone or a tablet, there is every need to download and use any of these free accounting apps. They are some of the best educational aids you can have access to in your field.
If you happen to be one of the Abusites professional accountants already practicing, some of these apps can be very handy. Believe me, some are good substitutes for the expensive apps used by big firms. They will give you what you need without costing you anything.
List of Best Free Accounting Apps for ABU Accounting Students
1. Student Accountant
Student Accountant is a free accounting app developed by one of the top accounting bodies in the world, the Association of Certified Chartered Accountants, ACCA.
The app is 100% free with no hidden or extra charges and is frequently updated. To really get the best out of the app though, you need to be registered as a student of ACCA. However, any accounting student can also use it.
As an ACCA student, the app would keep you up to date about exams, news from the world of accounting, career advice, quizzes, technical articles and much more.
2. ACE – Accounting Challenge
ACE also known as Accounting Challenge is a free accounting mobile learning app that gives accounting students “multiple-choice questions in a beautiful format, where they can brush up on terminology,” noted Ludmila Krylova, CPA, a lecturer in the department of accounting at Texas State University-San Marcos.
It helps you memorize accounting terms by giving you 100 seconds to answer a series of questions, Krylova said. You receive points for answering the most questions correctly, and you can compete with other app users or try to beat your own times by posting your scores to a leaderboard.
ACE, which is in English, was created by academics at the School of Accountancy at Singapore Management University and is especially helpful for first-year students. According to ACE’s website, the app has registered more than 30,000 downloads worldwide. It is available on the Apple App Store and Google Play.
3. Accounting Calculator
ABU Accounting students like every other are aware that standard calculators do not have some of the features needed to handle some of the complex calculations they come across.
The Accounting Calculator by Yuki Muramatsu is a free accounting app that takes care of this problem. This calculator has provision for percentage calculations. There are also functions for including or excluding tax to get accurate results.
That is not all, the app can display up to 12 digits on the screen. This makes it awesome when handling complex calculations where you don’t have to round up answers to ensure accuracy in your final results. Accounting Calculator is a 100% free app and you can download it from here.
4. Accounting Boot Camp
Accounting Boot Camp is another free accounting app that can help you prepare for your first-year accounting exams. It focuses on accounting fundamentals like debits, credits, assets, and liabilities.
Once you’re able to answer most of the questions, you advance to the next level, where topics become more challenging. “This accounting app is great for repetitive learning and understanding the basic terminology used in accounting,” said Everson, who used it early in his college career.
Mint is a powerful free accounting app that does a lot of things that ABU accounting students and even professionals accountants would find useful.
For professional accountants, Mint gives you for free all the relevant financial and tax information, tools, and news anytime you need them. While for students, the Mint app is an opportunity to put their accounting skills to test and see how it measures up to international standards.
The mint accounting app has many features, and students can customize it to do a lot of things such as helping them track their spending and other financial records. Android users can download it here, while iOS devices can get it here.
6. Learn Accounting
The Learn Accounting app from WAG Mobile Software Services is the complete accounting app for accounting courses. It comes in a bundle that contains about 300 learning apps covering several disciplines.
The free version gives you access to the first chapter of the courses in the app while the full material cost you $10 (#3600). Courses covered by the Learn Accounting app include Accounting introduction, Accounting Vocabulary, Double Entry Accounting, Accounting Cycle, and Equations, Managerial and Cost Accounting, Profit and loss, and many others.
The GnuCash app is one of the oldest accounting apps in the world. Since the 1990s, it has been helping individuals and small businesses handle all their accounting needs.
Some of the features include the ability to handle invoicing, employee expenses, for example, exchange calculations, and payroll features too. Students can use this free accounting app to have practical experience on how small businesses handle their accounting problems.
It is surprising the developers have kept this awesome and flexible accounting app completely free. GnuCash is available for Android devices and can be downloaded here.
8. Money Manager Ex
Money manager ex is another wonderful and completely free accounting app that can be used by traders, in the home, or as a practical learning tool for ABU accounting students.
The app is one of the easiest accounting apps to understand. One of the most amazing features of this app is that you can also carry the portable version on your portable flash drive.
Unfortunately, users of iOS devices would have to wait for a compatible version to be developed for them. The Android app can be downloaded here.
9. Turbo Cash
Turbo Cash is another awesome free accounting app that is designed for owners of small and medium scale enterprises.
As an accounting student, if you need a bit more complex accounting software that is also free, Turbo Cash would do just fine. It can handle everything from VAT calculations, purchase orders, debtors, and creditors.
Unfortunately, this app is not available for mobile devices. You would need your laptop to access it. But it is highly recommended for ABU accounting students to use as they make the gradual shift from simple to complex accounting apps used by the very big businesses. You can access free Turbo Cash from here.
10. Adminsoft Accounts
Adminsoft Accounts is another free computer-only accounting app specially designed for businesses. With a bit of creativity, ABU accounting students would be able to utilize the app as a study aid to get hands-on experience about how businesses handle their accounting issues. Follow this link to install the program on your computer.
This popular and free flashcard-based app is used by more than 30 million students and teachers each month, according to Quizlet Inc.’s website. The Quizlet app lets you create your own quizzes to help you memorize key material, and even share these quizzes with others.
“I use Quizlet for my accounting class and science class, and it allows me to put in my own definitions,” said Andrew Everson, a junior accounting major at Gonzaga University in Spokane, Washington.
Quizlet also offers Quizlet Plus, an upgraded version that lets you make voice recordings, create advanced diagrams, or add images to your study sets, for $1.67 a month, or $19.99 annually. Quizlet is available on the Apple App Store and Google Play.