Many consider it to be the greatest work of literature ever, Leo Tolstoy's Anna Karenina. Its opening line stands out amongst famous opening lines:
"All happy families are alike; every unhappy family is unhappy in its own way."
So what does that have to do with accounting?, I hope you are asking.
"All happy families are alike; every unhappy family is unhappy in its own way."
So what does that have to do with accounting?, I hope you are asking.
Leo Tolstoy
Color Accounting delivers Aha! moments for many managers who've previously tried to learn how to read balance sheets and income statements. The question becomes: what makes the learning outcome different?
This is where Ms Karenina enters the scene. The effectiveness is achieved by finding - and lining up - all the links in the "chain of understanding" that you need to make the language of business click. Learning accounting is about following a series of steps.
Everyone who gets how business finance works has stepped along the accounting chain. [The happy family]. Everyone who doesn't get it has their own missing link. This could be a confusion of terminology (e.g. thinking revenue means money received), a wrong point of view (confusing the company with its owners), or a misconception about increasing and decreasing accounts (thinking you need an entry on each side of the balance sheet). [The unhappy family.]
Every one of the hundred-plus Color Accounting educators around the world gets a thrill when they see the links fall into place for a happy learner, and when they hear that "Aha!"
If you'd like to talk about unchaining your people's business acumen, give us a call when you get back from your northern summer family holiday, or if you're sitting around a happy fire in the Southern Hemisphere.
With warm regards, Peter.
This is where Ms Karenina enters the scene. The effectiveness is achieved by finding - and lining up - all the links in the "chain of understanding" that you need to make the language of business click. Learning accounting is about following a series of steps.
Everyone who gets how business finance works has stepped along the accounting chain. [The happy family]. Everyone who doesn't get it has their own missing link. This could be a confusion of terminology (e.g. thinking revenue means money received), a wrong point of view (confusing the company with its owners), or a misconception about increasing and decreasing accounts (thinking you need an entry on each side of the balance sheet). [The unhappy family.]
Every one of the hundred-plus Color Accounting educators around the world gets a thrill when they see the links fall into place for a happy learner, and when they hear that "Aha!"
If you'd like to talk about unchaining your people's business acumen, give us a call when you get back from your northern summer family holiday, or if you're sitting around a happy fire in the Southern Hemisphere.
With warm regards, Peter.
RSS Feed
