Accounting 101
Schedule
Tue, 26 May, 2026 at 10:00 am to Tue, 30 Jun, 2026 at 10:00 am
UTC+08:00Location
Golden Treasure Skills and Development Program | Quezon City, MM
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Accounting 101This is a practical Accounting 101 class designed for beginners, business owners, entrepreneurs, admin staff, and non-accountants who want to understand how accounting works in real business situations — even without an accounting background.
The focus of the training is to help participants understand the complete accounting process, confidently read financial reports, and use accounting information for better business decisions.
Key Takeaways:
By the end of this module, participants will:
✅ Understand the end‑to‑end accounting process (from transaction to reports)
✅ Confidently read and interpret financial statements
✅ Use accounting information to make better business decisions
✅ Know what to do themselves vs. what to delegate to a bookkeeper or accountant
📘 MODULE 1: Accounting Overview & Big Picture
- What accounting really is (and what it’s not)
- Accounting vs. bookkeeping
- Cash tracking vs. accounting
- Why small businesses fail without proper accounting
📘 MODULE 2: Transactions & Account Classification
- The 5 Elements of Accounting:
- Assets
- Liabilities
- Equity
- Income
- Expenses
📘 MODULE 3: Recording Transactions – Debit, Credit & Journals
- The Accounting Equation: Assets = Liabilities + Equity
- Why balance is important
- Debit and credit explained simply
- Normal balances
📘 MODULE 4: Financial Statements – Reading & Understanding
1. Income Statement (Profit & Loss)
- What profit really means
- Income vs. expenses
- Gross profit vs. net profit
2. Balance Sheet
- What the business owns and owes
- Owner’s equity explained
- Why a profitable business can still be cash‑poor
3. Cash Flow (Introductory)
- Operating, investing, financing
- Why cash flow matters
📘 MODULE 5: Using Accounting for Business Decisions
- Using financial statements to:
- Set or adjust prices
- Control costs
- Decide on expansion
- Evaluate profitability
- Common Small Business Mistakes
- Mixing personal and business money
- Confusing cash with profit
- Ignoring reports until tax season
- What to Do Yourself vs. What to Delegate
Registration Fee:
💰 Regular: ₱4,500
💰 Early Bird: ₱3,500 (with early reservation)
Inclusions:
✅ Certificate
✅ Training materials
✅ Lunch & PM snacks
📩 Limited slots available! Register now!
📞 For inquiries & reservations:
📱 0947-288-8719 / 0917-533-2105
☎ 7118-6924
Learn more about us here: www.goldentreasureskills.ph
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Where is it happening?
Golden Treasure Skills and Development Program, Dolora's Hauz of Pancit Malabon, Anonas, 1102 Quezon City, Philippines, Quezon CityEvent Location & Nearby Stays:
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