Color Accounting is a new way of presenting financial information using color and diagrams. It makes balance sheets, income statements and cash-flow statements easier to understand. It was invented and refined over the last decade and patented in 2010. At the heart of the system is a diagram called the Color Accounting Framework that serves as a graphical accounting interface. Like the Macintosh and Windows made computers easier to use, Color Accounting makes accounting information easier to grasp.
Accounting, finance and business are now easier to understand. People learn more effectively when they can visualize concepts. The Color Accounting Framework is a holistic and graphical view of a balance sheet and income statement. When you understand this diagram - specifically the language, logic and layout of it - you understand accounting. It's that simple. When students see underlying concepts of accounting and business presented graphically they often grasp those concepts in a whole new way. For example Color Accounting Trainers use the following diagram to debunk the frequently misunderstood concepts of debit and credit.
Download the Color Accounting Framework for free:
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