How We Make Accounting Easy

We run a simulation of a real-life business, recording each transaction that affects the business. As we do so, a real-time balance sheet and income statement emerge. The colour codes and visuals will help you to unpack the logic behind each accounting entry and derive the rules of accounting in an easy, clear way.

It Will Make Sense

We know you will grasp the concepts because unlike other accounting courses – this is hands on. From the outset, you will set up accounts and record accounting entries on your colour-coded board. This approach will assist you in preparing the financial statements for the business simulation.

Making Sense Of Financial Statements

Once you see how accounting works, financial statements will come to life by simply adding colour and you will begin to read them as a story – a story that can be easily understood, interpreted, analysed and improved upon if necessary .

Using our colour-coded, non-threatening approach, we will ensure you leave with a clear understanding of the following topics:



  • Accounting Concepts and Principles

    • The accounting equation
    • The double-sided accounting entry
    • Debits and credits explained in colour
    • Accounting jargon, terms, language and concepts used in accounting
    • The difference between cash and accrual accounting
    • The difference between cash and profit

  • Accounting Cycle

    • Journal entries
    • The general ledger
    • T-accounts
    • The trial balance

  • Working Capital Cycle

    • Importance of analysing financial statements
    • Calculation of efficiency, liquidity and profitability ratios
    • Interpretation of ratios


  • Income Statement

    • Analyse the components of an income statement
    • Profit and loss
    • The difference between direct and indirect expenses
    • How to calculate gross profit and net profit
    • How to calculate markups and margins
    • Depreciation and amortisation
    • How to compile and interpret an income statement
    • Understand the link between balance sheet and income statement

  • Balance sheets

    • Analyse the components of a balance sheet
    • Classify assets and liabilities as current or non-current
    • Compile and interpret a balance sheet

  • Cash Flow Statement

    • Analyse the components of a cash flow statement
    • The differences between cash flows from operating, investing and financing activities
    • Interpret a cash flow statement

Course Benefits

Think like an accountant

Get to grips with how accountants think and be able to use the language of finance.

Make sense of accrual accounting

Appreciate the relationship between profits and cash flows and make sense of accrual accounting.

Assess financial impacts

Be able to link the numbers with underlying business activities by seeing the financial impact of actions.

Analyse financial statements

Understand how the key financial statements fit together and how to analyse and interpret them.

Increase financial perfomance

Understand the key drivers of profitability and the levers you can pull to increase performance.

Gain financial understanding

Gain the confidence to make informed contributions and financial decisions.