$397

Color Accounting Workshop / Remote Workshop - May 6 - May 7, 2020

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Universal Accounting Center

12441 South 900 East, Suite 120

OR Online (Remote)

Draper, UT 84020

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Eventbrite's fee is nonrefundable.

Event description

Description

TWO DAYS: May 6 and May 7, 2020 from 9:00 am MDT to 12:00 pm MDT
YOU MUST ATTEND BOTH DAYS


What is it About?

Color Accounting is a most exciting innovation in accounting education. It used new modes of explanation (color, diagram, dimension, linkages and sound) to explain concepts that have for a long time been in need of clearer explanation.

Color Accounting achieves what ‘finance for non-financial managers’ workshops do. But because it approaches the content differently, the result is a deeper grasp of the subject. Learners rave about it. Routinely we hear: “Why wasn’t I taught this way before?”

Companies want their employees to make effective decisions. And those decisions should be based on sound business thinking. Color Accounting delivers a platform for financial and then business acumen.

What is a Remote Workshop?

This class can be taken live in the classroom or can be taken at your home or office. The unique platform will be taught live with Zoom© connections for offsite training. Because these sessions are interactive, each participant will have their own workbook and BaSIS board. We will have discussions and even break into separate remote work groups to discuss and learn together. You will need to have a webinar camera, speakers and microphone on your computer as well as an area to work.

This workshop will be delivered in two classes. Both classes will be required to complete.

Learning Objectives

  • Understand how accounting works, by seeing clearly the fundamental structure and mechanics of finance.
  • Notice the ambiguities and distortions in the language of accounting. This builds confidence when you realize incomprehension ‘is not your fault’, and reduces miscommunication, cross-talk and misunderstandings.
  • Be comfortable reading and understanding clients’ key financial reports, in particular Balance Sheets and Income Statements.
  • Engage confidently in financial conversations, asking powerful questions based on a robust understanding of financial concepts and an all-encompassing framework. You will appreciate that questions are warranted, and therefore participate more willingly in discussions about finances. This increased engagement is a very important outcome.
  • Have developed a more holistic and empowering conception of how business works – The Value Cycle of Business™ -- leading to greater business acumen.
  • Share the mindset of clients and gain credibility as a trusted, business-savvy advisor.
  • Understand the relevance and uses of key profit measures, in particular EBITDA.
  • Be able to analyze financial statements using a range of ratios and metrics, in order to spot potential commercial issues.
  • Link concepts together, such as tying EBITDA to more in-depth discussions about operating profit, depreciation practices and tax effect accounting.

About the workshop

Color Accounting uses a graphical model to enable deep understanding of accounting. It uses a holistic diagram called the BaSIS Framework. The name derives from Balance Sheet Income Statement Framework. The diagram combines the key financial reports into a singular view, making their workings easy to see. What were obscure concepts become simple and intuitive when presented with colors, pictures, diagrams and plain language.

Who should attend?

Anyone working with business and personal financial information; people who want to understand how accounting works or progress to advanced accounting studies; and people seeking to improve their general business acumen for the purpose of general management, business ownership/entrepreneurship, sales, or consulting.

Make Better Business Decisions for Non-Financial Professionals & Managers

Have you ever looked at a balance sheet or profit and loss statement and just seen a bunch of black and white lines? Many small business owners have a hard time when it comes to reading and understanding their financial statements, if they have ever looked at them. We all know that accounting is the language of business and to grow your business's profitability, you need to understand the language of business.

Color Accounting is a new workshop that teaches the language of business to non-financial people. This training method is taking the world by storm. Developed in Australia and Africa, it is new to the USA.

Materials Included

Each participant receives a pack with a full-color workbook, stationery, storyboard & buckets, perforated journals, stickers and a takeaway reference tool.

As this is a 2 morning event, you must attend both days. Each class is 3 hours long. This will be taught with both students attending and over the internet with remote students in other areas of the globe.

Live Classroom


Your facilitator...

Ken Bostrom Ken Bostrom has been an instructor, coach, and officer of Universal sector for nearly three decades. He has seen Universal Accounting Center grow from a small local brick-and-mortar accounting training school to an international provider of cutting edge, on-line certification training for accounting professionals to start and grow their own bookkeeping, accounting, and tax practice. Ken is the author behind our Professional Bookkeeper’s Guide to QuickBooks, as well as its annual updates. You could say Ken wrote the book on how to use QuickBooks to get more done in less time, and to become a Profit and Growth Expert. He is a certified Color Accounting Workshop Leader, QuickBooks Specialist and a QuickBooks Pro Advisor.

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Universal Accounting

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Date and Time

Location

Universal Accounting Center

12441 South 900 East, Suite 120

OR Online (Remote)

Draper, UT 84020

View Map

Refund Policy

Contact the organizer to request a refund.

Eventbrite's fee is nonrefundable.

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