The Accounting Game: Basic Accounting Fresh from the Lemonade Stand

Front Cover
Sourcebooks, 1998 - Business & Economics - 179 pages
18 Reviews
Basic Accounting Fresh From the Lemonade Stand

The world of accounting can be intimidating. But, more often than not, there's no way to avoid it--even non-financial jobs venture into financial jargon and concepts. For those trying to get more done at the office, organize the dollars and cents in a small business or just in need of a refresher, there's no reason to turn to the average number-crunching class again.

The Accounting Game presents financial information in a format so simple and so unlike a common accounting textbook, you may forget you're learning key skills that will help you get ahead!

This book uses the world of a kid's lemonade stand to teach the basics of financial language and records. You'll run your own lemonade stand and make it grow by creating signs to advertise it, borrowing money from Mom, buying lemons and sugar and selling to the whole neighborhood. As you run your stand, you'll begin to understand and apply financial terms and concepts like assets, liabilities, earnings, inventory and notes payable, plus:

--Know the difference between accrual vs. cash accounting methods
--Create and understand an income statement and balance sheet
--Track inventory using LIFO and FIFO
--Create cash statements and understand cash flow and liquidity
--Apply your new knowledge to real-life situations

The revolutionary approach of The Accounting Game takes the typically mundane subjects of accounting and business finance and makes them something you can easily learn, understand, remember and use!

The Accounting Game is produced by Educational Discoveries, the training industry's leader in accelerative learning technology. More than 70,000 people have graduated from The Accounting Game, the world's most successful one-day financial seminar.

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Review: The Accounting Game : Basic Accounting Fresh from the Lemonade Stand

User Review  - Caleb Rogers - Goodreads

A good starter book for anybody interested in basic accounting. Teaches how to read the three basic accounting sheets using a Lemonade Stand example. You literally can't not understand this book. It ... Read full review

Review: The Accounting Game : Basic Accounting Fresh from the Lemonade Stand

User Review  - Sid - Goodreads

well read most of it just before starting my bookkeeping course, and it really helped. The authors did a great job introducing the concepts in the view of a lemonade stand owner/ entrepreneur and ... Read full review

About the author (1998)

For the past 25 years, Judith Orloff has been helping people transform their lives through self-awareness and education. Among her most significant accomplishments is the founding of the Burlington College in Vermont, where she also created a B.A. program in Transpersonal Psychology. In addition, Orloff is the founder of Educational Discoveries, Inc., which not only produces The Accounting Game, but also is the training industry leader in accelerative learning and instructional design. EDI's The Accounting Game is the most successful financial seminar in the world, with over 100,000 graduates.
For the past decade, Darrell Mullis, the Director of Training and Development at Educational Discoveries, has taught EDI's learning technology and developed a training program for its trainers. Mullis has also taught over 300 of the phenomenally successful Accounting Game seminars to thousands of Americans. Mullis lives with his four daughters in Louisville, Colorado.

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