This workshop will provide knowledge about accounting terms and principles, as well as outline the financial role-players and business entities. It delves into the cash book receipts, payments tax, bank reconciliations, as well as the debtors and creditors ledger and reconciliations. Delegates will apply the accounting equation to the formulation of trial balances and financial statements. Financial statements teach learners to interpret financial reports, following legal requirements and expected reporting formats. By the end of the workshop, learners will be able to understand basic business accounting statements and extract valuable financial information.