New York - Monday September 30, 2013
Washington, DC - Wednesday October 2, 2013
EARN 8 CPE CREDITS
The Color Accounting workshop teaches essential concepts of accounting through a revolutionary new approach. While Color Accounting teaches accounting better than any other course, the ultimate learning objective is deeper, quicker finance and business literacy.
By the end of the course, students will not just know a new approach to understanding accounting, but also how to compile, read and analyze a balance sheet and income statement faster and more intuitively than ever expected. Students will know how financial statements tell the story of a business, learning deep insights into the workings of business itself. The benefit is more options, smarter decisions and better business outcomes.
The Color Accounting workshop uses multi-sensory methods to engage the learner. The result is rapid and permanent learning. The workshop uses a three-dimensional model (the patented Color Accounting Framework) of how accounting and business work. By working hands-on with this model the learners uncover concepts that often remain hidden. Color is used deliberately and as part of a logical system to demonstrate relationships, not simply to “brighten things up.”
OPPORTUNITY TO EARN 8 CPE CREDITSREGISTER TODAY!
Price Per Person: $ 595
(Class size is limited and classes often sell out so reserve your seat today)
New York, NY Monday September 30, 2013Venue to be announced Washington, DC Wednesday October 2, 2013
Venue to be announced
The Color Accounting workshop comprises of three modules:
Module 1: Context (90 minutes)
This introduction module sets the scene for the learner. It prepares them for the accelerated learning ahead, including the importance of ‘unlearning’ and letting go. The students start to look at a business as a funding story, with distinct sources of funding and uses of funding, presented in a balanced picture.
Module 2: Business Scenario (4 hours)
Module 2 draws on a realistic business scenario, which the students learn to literally account for. By recording a series of carefully ordered business transactions the learners develop and use accounting as a business framework as they examine:
· The general journal
· The general ledger
· The accounting equation
· The balance sheet, income statement, cash flow statement, and statement of changes in equity
· Precise meaning of often misinterpreted terminology such as equity, margins, depreciation, double entry, duality, and accrual accounting.
· Other concepts are introduced as necessary, such as break-even, margins, EBITDA, GAAP, IFRS, asset valuation and income recognition.
Module 3: Application of Concepts (1-3 hours)
The learning capitulates with a case study of a business that has run into problems even while growing rapidly. Students first develop a simple yet profound business narrative that the balance sheet and income statement tell us about the business. They then do a financial analysis of the company, addressing business issues such as changes in borrowing, cash flow, marketing strategy, pricing and margins, and more. The business in the case study is sometimes substituted for the real financial statements of the client organization.