This booklet is a simple and straightforward introduction to the world of financial accounting for non-accounting students. The content of this module has been adapted to meet the needs of students, business owners and entrepreneurs. This module emphasizes on the complete accounting cycle by focusing on the recording business transactions. Exposure to the process of identifying business source document, recording business transactions, analyzing financial performance and the reconciliation of bank account would help students understand better, and could benefit business owners and entrepreneurs to make better financial decisions.