Accounting Made Easy and Fun

3 March 2016 | Published by AME

Most people see finance and creativity at opposite ends of the learning spectrum. But accounting specialist Mark Samowitz has found a way to combine the two in order to make accounting more accessible to ordinary people. Samowitz is the founder of Accounting Made Easy, a training company that offers onsite corporate courses as well as public accounting workshops. What differentiates his training methodology from other financial courses is that it uses colour as a tool to make accounting easy to understand. During the one day course trainers use interactive boards, coloured stands and stickers to explain complex accounting principles, terms and practices.

“Our facilitators have great personalities and are talented chartered accountants who love using Accounting Made Easy’s colour-coded approach to empower others to become accounting literate.
Samowitz developed this approach to teaching accounting by drawing from the experience and knowledge he acquired during his colourful career.

In an interview with Accountancy SA Samowitz describes his professional journey which began at the University of Witwatersrand where he completed his Bachelor of Accounting degree. He also did some holiday work at Alexander Forbes and a three year stint at Grant Thornton in order to do his articles. It was during this time that he began his foray into the entertainment industry which eventually took him to New York. While abroad he became involved in teaching accounting and after witnessing the response to the colour- coded learning model he realized the potential of introducing a similar programme locally.

“For non-accountants, the language of accounting can be frightening. Those who have not studied it are often left behind trying to decipher the jargon and interpret financial statements that are ‘Greek’ to them. Our Accounting Made Easy courses clarify and explain the terminology and the concepts in an audio-visual way that makes it easy for people at any level to understand journal entries, general ledgers, accrual accounting, financial statements and ratio analysis. We also tailor the training to our clients’ business, so the participants don’t just get generic training, but a customised programme that homes in on their particular situation.”

The shocking reality is that many employees who are expected to perform financial duties are unable to do so successfully because they lack the basic understanding of financial principles. The training programme which falls into the Finance for Non-Financial Manager’s category, is ideal for these professionals.