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What people are saying about Color Accounting…

2014-Jan-28, B.A: This [Color Accounting] system totally helped me demystify accounting and made long held misconceptions about accounting clearer and less confusing.


2013-Nov-11, A.G: Really simple introduction to all the concepts I've always struggled with.


2013-Sep-11, L.R: Excellent tool.


2013-Aug-1, R: Shows accounting with colors and shapes making it easier for a visual learner.


2013-Jun-12, S: I found it to be user friendly and easy to understand the concepts. By using colour made it much easier to grasp and make the concept stick.


2013-Feb-18, M.R: Great course - I loved the treatment of Debits (Green) & Credits (Yellow) and the layout of the framework. It makes accounting very intuitive.




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COURSE CURRICULUM
KEY: Tutorial/s Interactive Task/s
MODULE 1: An Introduction
An overview of the Course, what you’ll gain from completing the Course, how to use the Courseware Player, how to write notes, and where you’ll find your textbooks, forums and other learning resources.
Duration - 09:43
A brief history of accounting, how the computer GUI brought computing into the mainstream, and how Color Accounting’s BaSIS Framework is bringing accounting, finance and business to the mainstream.
Duration - 08:54
The principals of organizing data in general, and how this relates to the organization of accounts.
Duration - 10:00
The technology behind Color Accounting, and how it makes understanding accounting, finance and business so easy!
Duration - 07:00
MODULE 2: The Context of Accounting
The funding butterfly: Assets are at the heart of every business story, and for every Asset, there is a Claim.
Duration - 11:19
Sources of Funds, Uses of Funds and the funding butterfly revealed as the Balance Sheet.
Duration - 07:10
MODULE 3: Deriving the Accounting Framework
The Balance Sheet and how business events are represented in it.
Duration - 11:10
The Income Statement, and how it tells the profit story of a business.
Duration - 13:39
MODULE 4: The Language of the Accounting Framework
Defining Assets, the language used to describe Assets, and the regulatory definition of Assets.
Duration - 13:10
Defining Liabilities, the language used to describe Liabilities, and the regulatory definition of Liabilities.
Duration - 05:07
Defining Equity, the language used to describe Equity, and the regulatory definition of Equity.
Duration - 14:12
Defining Income, the language used to describe Income, and the regulatory definition of Income.
Duration - 07:46
Defining Expenses, the language used to describe Expenses, and the regulatory definition of Expenses.
Duration - 08:02
MODULE 5: Classic Transactions Using the Framework
Record your first Color Accounting transaction, in which the business borrows money from a lender.
Duration - 08:57
Record two transactions: the receipt of funds invested in the business, and the repayment of a part of the business loan.
Duration - 07:27
Record two transactions: buying on credit, and the purchasing of an asset with cash.
Duration - 10:55
Record two transactions: the earning of income through a cash sale, and the cost – or expense incurred - as a result of that sale.
Duration - 12:17
Record a transaction where the business incurs an overhead expense and pays the vendor in cash.
Duration - 05:13
Record two transactions: a sale on credit, and the cost – or expense incurred - as a result of that sale.
Duration - 13:21
Record two transactions: the incurrence of an overhead expense that is to be paid for later, and the sale of a gift voucher for cash.
Duration - 11:59
Record a transaction where the business is paid cash in settlement of the Account Receivable we generated during our Credit Sale in Transaction 8A.
Duration - 04:20
Record two transactions: the earning of Deferred Income due to the redemption of the Gift Voucher issued in Transaction 10, and the associated cost of the sale.
Duration - 07:20
Record two transactions: the acquisition of a prepaid asset by the business, and the subsequent “using up” of a proportion of that asset.
Duration - 08:14
A discussion about Debits & Credits, after which you’ll re-record a few Classic Transactions using traditional accounting terminology and procedures.
Duration - 09:33
MODULE 6: Application of Concepts
Defining Assets, the language used to describe Assets, and the regulatory definition of Assets.
Duration - 19:16
In this Lesson we delve into the finer details of the Income Statement, and the interpretation of the information contained therein.
Duration - 16:12
In this Lesson we reveal and discuss a new accounting report: the Cash Flow Statement.
Duration - 06:40
In this Lesson we look at how financial statements reveal the business story, before moving on to the subject of the value cycle of a business.
Duration - 07:12
In this Lesson you will analyze the financial statements of a business with a view to establishing its current financial position and future prospects.
Duration - 19:49
In this Lesson you will continue with your analysis of the financial statements of a business with a view to establishing its current financial position and future prospects.
Duration - 12:28
MODULE 7: Summary
A summary of the Course, as well as some suggested further learning options.
Duration - 04:07