Modern navigation solutions are largely dependent on the performances of the standalone inertial sensors, especially at times when no external sources are available. During these outages, the inertial navigation solution is likely to degrade over time due to instrumental noises sources, particularly when using consumer low-cost inertial sensors. Conventionally, model-based estimation algorithms are employed to reduce noise levels and enhance meaningful information, thus improving the navigation solution directly. However, guaranteeing their optimality often proves to be challenging as sensors performance differ in manufacturing quality, process noise modeling, and calibration precision. In the literature, most inertial denoising models are model-based when recently several data-driven approaches were suggested primarily for gyroscope measurements denoising. Data-driven approaches for accelerometer denoising task are more challenging due to the unknown gravity projection on the accelerometer axes. To fill this gap, we propose several learning-based approaches and compare their performances with prominent denoising algorithms, in terms of pure noise removal, followed by stationary coarse alignment procedure. Based on the benchmarking results, obtained in field experiments, we show that: (i) learning-based models perform better than traditional signal processing filtering; (ii) non-parametric kNN algorithm outperforms all state of the art deep learning models examined in this study; (iii) denoising can be fruitful for pure inertial signal reconstruction, but moreover for navigation-related tasks, as both errors are shown to be reduced up to one order of magnitude. Both our code and dataset are publicly available @ GitHub.