Skip to main content
HRD Corp Claimable2 DaysDigital & Business

Basic Business Concepts & the 5 Cycles of Accounting

Every business decision eventually shows up in the numbers, but many non-finance staff never learn how those numbers come together. This 2-day programme starts with the basic relationship between a business and its owner and the SSM documentation that underpins it, then walks step by step through the 5 cycles of accounting, from source documents all the way to reading a profit-and-loss statement and balance sheet with confidence.

Duration
2 Days
Funding
HRD Corp
Category
Digital & Business
Delivery
Theory & Practical
Basic Business Concepts & the 5 Cycles of Accounting: HRDC corporate training at P10X Academy
Who It's For

This programme is right for you if…

You handle admin, operations or business documentation without a finance background
You're a business owner who wants to understand your own company's paperwork and accounts
You want to make sense of financial statements instead of just handing them to your accountant
You handle filing, invoices or receipts and want to do it correctly and efficiently
You're stepping into a role that touches bookkeeping, admin or basic finance
Programme Modules

What the programme covers

Module 1

Basic Concept of Business: the relationship between a business and its owner, and SSM business documentation (business name, SSM registration, and business details).

Module 2

The 5 Cycles of Action in Accounting: Cycle 1: source documents; Cycle 2: the 7 filing methods; Cycle 3: the 6 accounting journals; Cycle 4: the 3 types of ledger; Cycle 5: financial statements (profit & loss, including sales, cost of sales, other income, expenses; gross profit, profit before tax, net profit; assets and liabilities, both current and non-current).

Learning Outcomes

What your team will be able to do

βœ“ Understand the relationship and legal dynamics between a business and its owner
βœ“ Master SSM business documentation and registration requirements
βœ“ Recognise the key elements that make up a financial statement
βœ“ Identify the different stakeholders involved in a business's financial cycle
βœ“ Handle source documents and apply proper filing methods with confidence
βœ“ Apply basic financial-statement skills to read profit, loss, assets and liabilities
Google Reviews

What our students say on Google

5.0based on 12 reviews about this programme

P10X Academy holds an average of 4.9β˜… across 194 Google reviews.

  • “Perfect πŸ‘ this is an example of a natural-style Google Review but still looks genuine & professional β€” perfect if Rina wants to write a review for Coach Kaio / P10x Academy: --- ⭐️⭐️⭐️⭐️⭐️ I joined the TikTok Live & Strategies program with Coach Kaio & P10x Academy β€” it's the best! 😍 Before this, I was kind of lazy about creating content and tired every time I went live, feeling like the results were nowhere to be seen. But after learning with Coach Kaio, I immediately saw a quick and easy way to create content without stress. What I like the most β€” the 2-in-1 concept, go live and get lots of content to reuse. Coach Kaio also introduced many apps that simplify the process of creating content, it really saves a lot of time! Now every time I go live, I know how to maximize the results into quality content. If you also want to improve your content game, I highly recommend learning with Coach Kaio & P10x Academy. It's really worth it πŸ”₯”

    Rina Proton

    8 months ago

  • “⭐️⭐️⭐️⭐️⭐️ Saya Zahari Ahmad, Sales Advisor dari Proton Ming Heng Gombak. Sebelum join program TikTok Live & Strategies by Coach Kaio & P10x Academy, saya memang blur bab content dan live β€” tak tahu nak start dari mana, nak buat video pun rasa susah. Lepas join, banyak sangat benda saya belajar β€” dari setup video, cara buat content, sampai cara cari tajuk & skrip guna ChatGPT pun Coach ajar dengan detail. Paling best, Coach Kaio ajar dengan bahasa yang mudah faham, tak terlalu teknikal, dan memang boleh terus apply lepas kelas. Sekarang saya dah lebih yakin buat video dan live, idea pun senang nak keluar. Memang terbaik Coach Kaio, banyak sangat tunjuk ajar dan strategi yang saya boleh guna terus dalam kerja harian. Highly recommend! Mantap Coach! πŸ”₯πŸ”₯”

    Zahari Ahmad

    8 months ago

  • “⭐⭐⭐⭐⭐ Serius mind-blowing! πŸš€ Saya join Program TikTok Live & Strategies by Coach Kaio & P10x Academy dan… WOW 😱πŸ”₯ Dulu setiap kali nak buat Live, confirm blank + gugup 🀯 Idea pun tak keluar, rasa awkward gila depan camera πŸ˜‚ Lepas join program ni β€” game totally changed! πŸ’ͺ Belajar guna AI untuk generate ideas, hook, content flow… terus tak takut nak Live. Now bila tekan button β€œGo Live” je β€” CONFIDENT mode ON 😎πŸŽ₯ Coach Kaio & team memang power gila, energy contagious, support tiptop! Semua benda diajar step-by-step, very practical, bukan teori kosong. Kalau you memang nak naikkan game TikTok Live, stop overthinking & just JOIN. This is THE program! πŸ”₯πŸ”₯πŸ”₯ Worth every second & every cent. No cap β€” P10x memang padu! πŸ’―πŸ”₯”

    michael lim

    8 months ago

Bring this training to your team

Speak to us about HRD Corp claiming, scheduling and customising this programme for your organisation.

FAQ

Course questions

No. The course is built for non-finance staff and business owners starting from zero: it begins with basic business concepts before building up to the 5 accounting cycles, so no prior bookkeeping experience is required.
Yes. P10X Academy is a registered HRD Corp training provider, and eligible employers can claim the full course fee through the levy under the SBL or SBL-Khas scheme. Our team assists with the entire eTRIS application.
Very practical: over two days participants work directly with source documents, filing methods, journals and ledgers, building up to reading an actual profit-and-loss statement and balance sheet.
Yes. Delivered in-house at your premises or at our Bandar Sunway facility, we can incorporate examples close to your company's actual invoices, receipts and reporting formats. Contact us to arrange it.