The Accounting Game: Basic Accounting Fresh from the Lemonade Stand
Sourcebooks, 1998 - Business & Economics - 179 pages
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.
What people are saying - Write a review
Review: Accounting Game: Basic Accounting Fresh from the Lemonade StandUser Review - Suhrob - Goodreads
A very easy, interactive introduction to accrual accounting. As somebody without any accounting background, this was helpful and enjoyable. Read full review
Review: Accounting Game: Basic Accounting Fresh from the Lemonade StandUser Review - Forest Tong - Goodreads
Really clear, fun, and readable introduction to accounting that can be read in a few hours. Read full review