The Accounting Game: Basic Accounting Fresh from the Lemonade Stand

Front Cover
Sourcebooks, 1998 - Business & Economics - 179 pages
6 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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LibraryThing Review

User Review  - JEB5 - LibraryThing

Let me begin by saying that i am in no way shape or form a math person, nor am I really good at it. It is just one of those subjects that has evaded me most of my life. That said, my husband bought me ... Read full review

LibraryThing Review

User Review  - tanu_jain - LibraryThing

I got this book not to learn accounting but as an Instructional Designer to experience the use of simple metaphors for teaching/learning. Topics like accounting that can get little complicated was made interesting and fun to learn using simple ,known idea of lemonade stand. Read full review

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