ColorAccounting.com - Accounting Literacy & Business Acumen
  • Home
  • About Us
    • Sales Partners
    • In the media
    • Newsletter
    • Blog
    • Links
    • Vision
  • Solutions
    • Workshops
    • Remote Workshop
    • Books
    • Other Formats
    • FAQ
  • Clients
    • Clients
    • Testimonials
  • Schools
  • Contact us
  • In the media

Making A Big Deal About A Little Thing

7/19/2017

0 Comments

 
I like to believe that, here at Color Accounting®, we have the courage to make a fuss about some issues that other educators gloss over - or don't see at all.

Anyone can impress with complexity and fanciness, but explaining a critical element in simple terms can be difficult.
Picture
Point Of View is one of the little things that’s a big deal when it comes to making sense of financial statements. 
 
Because companies exist for the benefit of their owners, readers of company financial statements often think about the information presented only from the point of view of those owners.

For example, a reader possessing an owner's point of view would see equity as valuable when reviewing the company's balance sheet. But, for the company itself, equity is not valuable, only assets are valuable.

This small, simple distinction holds tremendous power when communicating the meaning behind the numbers, but is often ignored - or unseen - by accounting educators.
 
An experienced senior lawyer who attended one or our recent workshops said to me, “Point of view, hmmmm, that’s a big take-away for me.”

Sweet! 

Best regards, Peter
Picture
0 Comments



Leave a Reply.

    Blog
    ​

    RSS Feed

    Or simply subscribe here to get it by email.

    Author

    Co-founder Peter Frampton is the lead author of this blog.

    Picture
    View my profile on LinkedIn
    If you are interested in a #financiallyconsciousworld, join the conversation at Color Accounting Friends on LinkedIn.

    Archives

    March 2020
    December 2019
    November 2019
    August 2019
    June 2019
    April 2019
    March 2019
    February 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014


    RSS Feed

    Get notified:
    Use the RSS feed above or 
    Get the e-newsletter here...

    Categories

    All
    Accounting Literacy
    Account Management
    Assets
    Business Acumen
    Color Accounting
    Colour Accounting
    Costs
    Financial Literacy
    Investment
    Joint Value
    KAM
    Key Account Management
    Learning Style
    Luca Pacioli
    Organisations
    Resources
    Revenue
    SAM
    Silos
    Strategic Account Management
    Strategic Relationships
    Transactional


Finance and business acumen workshops for non-financial people using a breakthrough graphical system
© All rights reserved. Color Accounting International (1992-2019)
'Accounting Comes Alive', 'AccountingSchool.org', 'Color Accounting', 'Colour Accounting', the zebra icon AccountingSchool.com and 'BaSIS Framework' are trademarks of Color Accounting International.
Contact Us |  Corporate  |  Legals  |  Partner Orders  |  Register Event Held  |  Educators' Resource Center
  • Home
  • About Us
    • Sales Partners
    • In the media
    • Newsletter
    • Blog
    • Links
    • Vision
  • Solutions
    • Workshops
    • Remote Workshop
    • Books
    • Other Formats
    • FAQ
  • Clients
    • Clients
    • Testimonials
  • Schools
  • Contact us
  • In the media