
Accounting 101
Join our Accounting 101 class designed for beginners, business owners, entrepreneurs, admin staff, and non-accountants looking to grasp the essentials of accounting in real business settings! 🏢
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
Course Modules:
📘 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
- Income Statement (Profit & Loss)
- What profit really means
- Income vs. expenses
- Gross profit vs. net profit
- Balance Sheet
- What the business owns and owes
- Owner’s equity explained
- Why a profitable business can still be cash‑poor
- 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
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Dolora's Hauz of Pancit Malabon, Anonas, 1102 Quezon City, Philippines
Get directionsScan with your camera – the event opens in the Somo app.





