workshop...workshop color accounting is the patented, visual way to learn and communicate...

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Start with accounting literacy... Color Accounting International 1622 Swann St NW Washington DC 20009 Phone: (202) 462 5000 Email: [email protected] Better business acumen. Better conversations. Better decisions. Better bottom line. 1-Day financial workshops that use a patented picture and clear language, for easy learning that works like never before

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Page 1: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

WorkshopColor Accounting is the patented, visual way to learn and communicate accounting, finance and how business works.

Many financial mishaps stem from gaps in people’s education. It’s understandable: accounting and accounting education have been largely unchanged for decades, even centuries. But in the last 15 years this complex subject has been taught–for the first time–using the breathtaking simplicity of color.

The advent of the desktop color printer and the invention of the graphical Color Accounting Frameworkmean you can truly conquer accounting in just a few hours.

With the hands-on, interactive, foundation-first learning of the Color Accounting workshop you’ll master complex accounting issues quickly and easily.

More information at AccountingComesAlive.com

Start with accounting literacy...

Color Accounting International1622 Swann St NWWashington DC 20009Phone: (202) 462 5000Email: [email protected]

Better business acumen. Better conversations. Better decisions. Better bottom line.

1-Day financial workshops thatuse a patented picture and clear language, for easy learning that

works like never before

Page 2: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

ARE YOUR PEOPLE?…

As a talent development professional at a business, law firm, government agency or not-for profit organization, are your people:

• Intimidated by financial information

• Confused by accounting terms

• Making the best choices

• Doing their part in meeting financial goals

• Unaware of how they impact profit

• Blindly replicating last year’s budget?

“As the HR director in a public accounting firm this was awesome! I wish I could have 4 more hours of this!”

“Most excellent presentation. It alone was worth the expense and travel.”

SHRM International Conference, Las Vegas

Page 3: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

WHY COLOR ACCOUNTING WORKS

Color Accounting is a teaching system that uses diagrams and logical colors to show graphically how accounting and business work, so your employees will make better decisions.

We fully engage the participants with story- telling, physical materials and vivid models. They use their hands, their senses and their brains. It’s wonderful. No boring slides, no power failures, no same old same old.

The accelerated and adult learning means it all fits into one energizing day. Right from the start we want our participants to be thinking:

“Hmmm, this seems a little different to what I was expecting. It could even be enjoyable.”

“Sure beats the tired old Finance For Non-financial Managers course I sat through before.”

“I wish I’d had this when I was doing my MBA. It finally makes sense.”

Lara Azzam, Wharton MBA graduate

Page 4: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

THE MANY BENEFITS

Your people will be able to:

• Manage a Profit & Loss statement

• Draw up a budget

• Understand your clients’ buying motives

• Improve financial controls

• Save costs

• Expand profit margins

• Increase shareholder returns

• Get departments talking with each other

• Align your teams around well-understood

financial goals

• Promote financial leadership

• Communicate more powerfully with investors,

regulator and partners

“We’ve made this course compulsory for all the staff in our unit.”

Business Unit Head, Wall Street Bank

Page 5: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

WHO USES THE NEW WAY OF TEACHING FINANCIAL LITERACY?

Clients include banks, industrial companies, international NGOs, government agencies, law firms and startup incubators.

“It was apparent that the delivery of the Color Accounting workshop was enlightening to all who attended regardless of the level of accounting knowledge they had beforehand.

Feedback from participants has been very positive and discussion of accounting concepts with them in the months since has been easier.

In addition, placing the workshop content in the context of the working environment has assisted greatly in improving budget preparation and monthly financial management reporting.

Everyone who has responsibility for Revenue and Expenditure outcomes should attend these workshops.”

Bruce Trackson, CFO,Queensland Building and Construction Commission

Page 6: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

WHAT PEOPLE ARE SAYING

When people discover that learning about business finances can be easy and fun, their scepticism often turns to enthusiasm.

“The Color Accounting hands-on approach created energetic, interactive sessions that extended well beyond the classroom. Buckets, boards and business acumen all made their way back to the offices of participants and led to smarter decisions that we can see having an impact on our bottom line.”

Rick ZaporowskiL&D Manager, NMC Caterpillar

“Word got out about Color Accounting and we have a long waiting list for the workshop. Our facilitators are now running two seminars a month for staff members.”

Louis BiggieDirector, Learning Solutions,Talent Management and Organization Development, Johns Hopkins University

“We included the Color Accounting workshop in our annual management conference. We wanted to empower our managers to read and interpret financial statements. When they are accounting literate they are in fact business literate and able to make more-informed decisions, which in turn has an impact on customer service, and ultimately drives profits and shareholder value.”

Ian Leyenaar, CEO Namibia,First National Bank

“Color Accounting has the advantage of showing how accounting works visually. We all tend to see problems and relationships more easily visually, so the Color Accounting approach takes advantage of how we learn most effectively. As such, I believe that it is of value to anyone …from high school students to MBAs to business executives.”

Paul Healy, Head of Accounting atHarvard Business School

Page 7: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

COURSE FORMATS

The Color Accounting system lends itself to making a difference for people in many ways. Its simplicity makes it adaptable.

Typical delivery formats include:

• Seminars: typically 2-4 hours

• Workshops: typically 1 day

• All Color Accounting events are delivered by

accredited Color Accounting Leaders

• Accreditation of in-house leaders is available

for Do-It-Yourself workshops and coaching

within your organization

• Webinars

• Online Self-Study courses

• Keynote speeches

“Excellent course, making it easy to grasp previously difficult concepts. Presented in an easy to follow way.”

MTN Group

Page 8: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

LEARNING OUTCOMES

A one-day Color Accounting workshop typically covers:

• Developing a deep understanding of the

Balance Sheet

• Deriving the Income Statement and

understanding how it connects with the

Balance Sheet

• Clearly and unforgettably defining Assets,

Liabilities, Equity, Revenue & Expenses

• Integrating these five elements into a holistic

view called the BaSIS Framework™

• Recording transactions using the journal and

general ledger

• Understanding the Value Cycle of business

• Practicing financial communication: grasping

not only terminology, but also ambiguity of

terms, and communication pitfalls

• Identifying the drivers of cash flow, and how

they are reported on the Cash Flow Statement

• Analyzing financial statements of a business

and identifying risk areas, performance

changes, opportunities for improvement

• Calculating financial measures, including

EBITDA

• Preparing budgets and forecasts

ExpensesValue sacrificing activitiesUsing upDevaluationIncurredFunds used up

EquityObligation to owners

Claim for ownersResidual claim

= “Net assets”

AssetsValuable thingsIncome generatingOwned, controlledTangible or intangibleFunds in use

LiabilitiesObligation to creditors

OweNon-ownership claim

Debts to others

IncomeValue generating activities

EarningRevenue, Sales

GainsFunds generated

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SOURCES OF FUNDS

Debiting Crediting CreditingDebiting

USES OF FUNDS Debit Accounts Credit AccountsEntity Ltd.

™BaSIS Framework

Profit

Page 9: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

TAILORED

Each Color Accounting in-house workshop is tailored to your specific needs. Tailoring ranges from emphasizing parts of the standard curriculum that are relevant to your organization, through the development of bespoke case studies based on your own data. Get in touch with us to discuss your unique needs.

ADVANCED TOPICS

Advanced topics are available to follow the core content of the Color Accounting workshops and seminars. These include:

• Advanced budgeting

• Governmental accounting

• International accounting, US GAAP and IFRS

• Merger and acquisition issues

• Not-for-profit accounting

• Tax accounting

• Valuation

• Veracity analysis: high risk areas of financial

statements

• What the CEO wants you to know: Key

performance indicators

• Please inquire about others

Page 10: Workshop...Workshop Color Accounting is the patented, visual way to learn and communicate accounting, finance and how business works. Many financial mishaps stem from gaps in people’s

ABOUT US

Color Accounting International publishes the Color Accounting system and champions the Accounting Literacy approach to financial education. We are a social enterprise - which means we have a dual mission of both commercial success and social impact. Our head office is in Washington DC.

Also available:

• Train The Trainer accreditation for do-it-

yourself programs at corporate universities

• Complete accounting teacher ecosystem

and student materials for high schools and

colleges

• Partnership opportunities for training and

consulting providers

ColorAccounting.com

Color Accounting and BaSIS Framework are trademarks of Color Accounting International

© 2015 Accounting Comes Alive, Inc. dba

Color Accounting International1622 Swann St NWWashington DC 20009Phone: (202) 462 5000Email: [email protected]