Why Color Accounting?
Color Accounting™ is REAL accounting.
Color Accounting™ is a revolutionary new way of learning and becoming competent and knowledgeable in accounting and its DISTINCT financial language. For tens of thousands of students, managers, lawyers and leaders from Australia to San Francisco, Color Accounting™ has made a life-changing impact on their skill and confidence, communication and success.
In “the language of accounting” FINANCIAL LITERACY is absolutely vital for both accounting-minded professionals as well as those non-accounting individuals who need to make more effective business decisions and review financial information to achieve the company’s goals. Color Accounting™ serves as a BRIDGE between these two groups. Ask yourself:
Do you or your associates struggle with:
- Communicating effectively with business owners or other professionals, in accounting or other areas of a business?
- Making optimal financial decisions?
- Understanding and meeting financial goals?
- How their role impacts profitability?
- Producing a realistic budget?
- Being intimidated by financial information?
What if you could:
- Use a common financial language
- Confidently make great decisions more quickly
- Understand the importance of various financial goals
- See clearly how your role impacts the organization
- Create budgets based on latest financial information
- Fluently read and understand financial statements.
Financial Literacy is absolutely required if you want to increase your overall business success. Color Accounting™ teaches Financial Literacy in a very easy-to-understand method!
This could be the best investment that you ever make in yourself.
When you sign-up for and enroll in the Color Accounting™ Self-Study program you will be shipped your own personal BaSIS Box. Inside, it contains the acclaimed Live Workshop elements: your BaSIS Framework™ and your personal self-study materials.
Your online course portal will contain everything you need: a downloadable Study Guide for each lesson, more than 9 hours of instruction in our 60+ informative videos, online quizzes to gauge your progress, a Student Forum, and access to a qualified accountant for support.
Color Accounting Self Study Workshop
- The closest possible experience to attending the live one-day workshop without being there.
- Instruction from the co-founders of Color Accounting: Peter Frampton and Mark Robilliard.
- The hybrid approach: digital instruction and physical resources are the unique combination designed to appeal to all learning styles.
- More than 60 instructional videos in the course with interactive activities and variations.
- The LMS is browser-based and therefore works on any device.
- Equates to 9 hours of class time.
- Good balance between ‘watching’ and ‘doing’.
- Government-authorized certificate on successful completion awarded by UAC.
- Direct access to Mark Robilliard as the course mentor.
- Full student courseware kit – shipped free within the US and Canada.
Background
Color Accounting™ is a new way to understand accounting for those who are not in the accounting field. It has been evolving for over twenty years. Color Accounting™ gives the student the ability to communicate effectively on all things accounting, regardless of the audience!
Color Accounting™ was initially used as an accelerated learning system for adults, for corporate education in the workplace. Students respond quicker to conceptual information presented graphically and spatially. Many examples continually surface showing how Color Accounting™ enhances traditional accounting teaching.
The Color Accounting™ system is used around the world as a BRIDGE connecting accounting professionals with BUSINESS OWNERS and associates who are not accounting-minded, with the incredible language of accounting, in a simple and fun learning method. Now it is available to you as the accounting professional!
Course curriculum
Welcome from Peter and Roger
The Joy of Accounting Manual
Orientation to the course by Mark Robilliard, Co-Founder.
Welcome to Color Accounting – Study Guide
Overview of Color Accounting by Co-Founder Peter Frampton, CEO of Wealthvox Ltd, the owner of the system
Welcome to Color Accounting
The Joy of Accounting Textbook
The Joy of Accounting: Table of Contents
Color Accounting Community
Module 1: PRINCIPLES OF ACCOUNTING
1-1. WHAT IS ACCOUNTING?
The Unique Duality of Accounting
What Is Accounting?
500 Years Later, It Still Works!
The Joy of Accounting: PART 1: 1. What is Accounting?
1-2. ASSETS
All About the Assets: Part 1
Assets: Part 1
The Joy of Accounting: PART 1: 2. Assets
Assets: (cont.)
1-3. SOURCING ASSETS
All About the Assets: Part 2
The Joy of Accounting: PART 1: 3. Sourcing Assets
The Funding Butterfly – Activity
1-4. ACCOUNTING DUALITY
The Joy of Accounting: PART 1: Lesson 4. Accounting Duality
1-5. ACCOUNTING EQUATION
All About the Assets: Part 3
The Joy of Accounting: PART 1: Lesson 5. Accounting Equation
1-6. ACCOUNTING EQUATION: BALANCE SHEET
The Joy of Accounting: PART 1: Lesson 6: Accounting Equation: Balance Sheet
Part 1 – Lesson 7: Equity: A Deeper Dive
The Joy of Accounting: PART 1: Lesson 7. Equity: A Deeper Dive
Introduce a Balance Sheet
1-8. JOURNALING THE NEW BUSINESS
Journaling the new business (continues in next video)
The Joy of Accounting: PART 1: Lesson 8. Journalizing the New Business
1-9. UNPACKING PROFIT
Unpacking profit (continues from previous video)
The Joy of Accounting: PART 1: Lesson 9. Unpacking Profit
1-10. ACCOUNTING EQUATION: INCOME STATEMENT
The Joy of Accounting: PART 1: Lesson 10. Accounting Equation: Income Statement
Notes to your Color Accounting Community
Color Accounting Module 1 Practice Exam
MODULE 2: Classic Transactions
The Joy of Accounting: PART 2: Your Learning Journey, So Far
Preparation of the BaSIS Board
2-1. BORROWING CASH
Color Logic (= increases and decreases)
Color Logic
The Joy of Accounting: PART 2: Classic Transaction 1 Borrowing Cash
CLASSIC TRANSACTION 1 – January 2
Elements affected, and how.
The Joy of Accounting: PART 2: Classic transaction 1—January 2
CLASSIC TRANSACTION 2 – January 3
Elements affected, and how.
The Joy of Accounting: PART 2: Transaction 2 Receive Invested Cash
CLASSIC TRANSACTION 3 – January 4
Accounts and effects (tickets)
The Joy of Accounting: PART 2: Transaction 3 Loan Repayment
CLASSIC TRANSACTION 4 – January 5
Buying an Asset with Cash
The Joy of Accounting: PART 2: Transaction 4 Buying an Asset with Cash
CLASSIC TRANSACTION 5 – January 25
Buying an Asset on Credit
The Joy of Accounting: PART 2: Transaction 5 Buying an Asset on Credit
CLASSIC TRANSACTION 6 (a) – January 30
Sale to a Customer for Cash
The Joy of Accounting: PART 2: Transaction 6a Revenue- Sale to Customer for Cash
CLASSIC TRANSACTION 6 (b) – January 30
Accounts and effects (tickets)
The Joy of Accounting: PART 2: Transaction 6b Cost of Sale Expense
2-6 (C). THE VALUE CYCLE OF BUSINESS
The value cycle of business
The Joy of Accounting: PART 2: Transaction 6c The Value Cycle of Business
CLASSIC TRANSACTION 7 – February 5
Window Cleaner
The Joy of Accounting: PART 2: Transaction 7 Expense- Incurred and Paid
CLASSIC TRANSACTION 8(a) – February 10
Revenue Earned: Cash Received Later (a)
The Joy of Accounting: PART 2: Transaction 8 Revenue Earned_Cash Received Later (a)
CLASSIC TRANSACTION 8(b) – February 10
Revenue Earned: Cash Received Later (b)
Part 2 Transaction 8 Revenue Earned_Cash Received Later (b)
CLASSIC TRANSACTION 9 – February 15
Cash Received Before Revenue
The Joy of Accounting: PART 2: Transaction 9 Cash Received Before Revenue
CLASSIC TRANSACTION 10 – February 20
Accounts and effects (tickets), plus a bonus piece on debits and credits!
The Joy of Accounting: PART 2: Transaction 10 Account Receivable Settled
CLASSIC TRANSACTION 11 – February 25
Prepay for an Expense
The Joy of Accounting: PART 2: Transaction 11 Prepay for an Expense
CLASSIC TRANSACTION 12 – March 15
Cash Received Before Revenue Earned
The Joy of Accounting: PART 2: Transaction 12 Cash Received Before Revenue
Lost Money
CLASSIC TRANSACTION 13 – March 31
Accrued Expense Incurred
The Joy of Accounting: PART 2: Transaction 13 Accrued Expense Incurred
CLASSIC TRANSACTION 14 – March 31
Depreciation
The Joy of Accounting: PART 2: Transaction 14 Depreciation
CLASSIC TRANSACTION 15 – March 31
Prepaid Expense: Consumed
The Joy of Accounting: PART 2: Transaction 15 Prepaid Expense- Consumed Gradually
Color Accounting Module 2 Practice Exam
You have completed Module 2
Module 3: Financial Storytelling & Analysis
ACCOUNTING CYCLE
Reporting Periods
Balance Sheet and Income Statement for Global Retail
Financial Statements
Completed BaSIS Board
The Joy of Accounting: PART 3: Lesson 1 Accounting Cycle
BaSIS Board close by
BUSINESS NARRATIVE
Business Narrative
Solution – Business Narrative: Global Retail, year ended December 31, 2028
The Joy of Accounting: PART 3: Lesson 2 The Business Narrative
The Joy of Accounting: PART 4: Case Study 1
The Joy of Accounting: PART 4: Case Study 2
- The Joy of Accounting: PART 4: Case Study 3
- The Joy of Accounting: PART 4: Case Study 4
Color Accounting Module 3 Practice Exam
- Color Accounting Final Exam
Appendix – Regulatory Definitions and Recognition Criteria
Glossary
The Joy of Accounting: Index