Real outcomes, that make a real difference.
We work with aspiring high school accounting teachers to provide real outcomes for them and their students. Skilled and inspired accounting teachers can change lives, thereby reducing poverty and inequality. These are but a few of their stories...
You matter. Your fellow teachers matter. Your students matter. Your families matter. Your neighbours matter. Your countryfolk matter. Your fellow global citizens matter.
We all matter.
Build a bigger table
We'll be happy when accounting literacy education is offered in some form in every high school on the planet. It's just that important for us all.
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As a person who personally or through their organisation supports our belief that the world needs more accounting literate people you can support us in making that reality.
I rejuvenated my passion and excitement for accounting
"Colour Accounting has rejuvenated my passion and excitement for Accounting. I had a wonderful Accounting teacher who inspired me to follow in her footsteps. I taught Accounting for many years and co-authored textbooks and other educational material. I loved teaching it but was always frustrated with how difficult it was to communicate the logic of Accounting to my students. I always wanted to find ways to make it easier for more of them to grasp the concepts.
Then I was introduced to Colour Accounting at a teacher workshop, and it was a revelation. Here was a fully-formed programme to teach Accounting in a simple, colourful, participative, hands-on, visual, fun way. Colour Accounting makes real sense of the terms and the structure and the mechanics of Accounting. Suddenly more of my students were getting it. The visuals and props enabled my students to work things out and discover the logic for themselves with just a little guidance which means they internalise the learning successfully.
Teaching Colour Accounting does not have to mean a complete overhaul of what you already teach. It requires a few posters and props which can be re-used each year and do not have to cost the earth. It can easily be used within your current curriculum, using your current textbook. There are also many free online resources which simply require a printer (preferably a colour printer – but colour can always be added later with some highlighters). It will bring Accounting to life for you and your students and make class-time so much more enjoyable with measurable results." - Alice Viljoen, 25 July 2021
Thank you Sir
[The following has been lightly edited for readability - reproduced with permission from the student (Rohan Vasudeva) and the teacher (Sean Crevier*)]
"Hi Mr Crevier,
I wanted to reach out to tell you that your accounting class has prepared me the best for college in comparison to any other class I took at high school. I'm a finance major but all business-majored freshman are required to take a basic accounting class which is 12 weeks long. I am completely coasting through this class right now, and we just took our first midterm which I got a 98% on. I wanted to tell you this because everything you taught me is what I use in class and I’ve just started to realize how helpful your class was as most of my peers are struggling right now. When I help tutor my friends I show them Color Accounting** and the BaSIS Framework we used in class (balance sheet on top, income statement on bottom) as it is not taught that way by our professors. The ways our professors teach us are quite confusing which is what holds many kids back, but the foundation I learned in your class is what I use to guide myself and others.
Thanks for preparing me so well."
- Rohan Vasudeva, Freshman, Indiana University - Bloomington (Kelly School of Business) - Major: Finance and Accounting
* Sean Crevier: Business Teacher at District 128 / Consultant at AICPA, IL, USA
** The Color Accounting Learning System™ and its component concept map known as the BaSIS Framework are owned by Wealthvox Innovation Ltd.
Lawyer teachers her son accounting to his surprise
Mark Robilliard: In 2005, I was running the second half-day of a one-day Color Accounting workshop for the Sydney office of a large international law firm. We had the usual group of new lawyers and some with a bit more experience. Before we started, one of the lawyers in the class approached me with great excitement. She told me that when she went home after our first half-day session, she encountered a very upset teenage son. He had his first exam the next day in 'accounting-101' and was sure he would fail. Not knowing what else to do, she pulled out her Color Accounting Learning System™ materials from our class and walked him through what she had learned. It calmed him down, helped him to clarify his thinking and lead to a good night's sleep. She proudly told me that he not only passed the exam, he had done quite well and was proud of himself because many of his peers had not. I teased her that she should consider switching professions - maybe she will one day!
It's the accounting language that is amazing
Peter Frampton: Accounting is amazing. Accounting is absolutely amazing. And it's one of the greatest inventions in history. We say it goes back 500 or more years to Pacioli but of course, it goes back much further than that. Pacioli was just the first person who wrote it all down in his book, Summa de Arithmetica. But accounting literacy makes such a difference in people's lives. You know, in life we tease about accounting. We tease accountants. We call them bean counters and such, say they are boring. But actually, it's like grammar. You know, we take it for granted that you need grammar. We just converse with each other and rarely give it a second thought.
But you don't get to lead organizations or be a functional adult in a corporation without grammar and other skills. And yet we've tried to be functional people in organizations and leaders without the grammar of finance. Accounting is the grammar of finance and in the sense that it's just the basic language, you have to have it. And it hurts people when they don't have it. They bluff or stay silent in meetings and conversations when they should be engaging. They buy the BS and their silence becomes complicity. Companies go bankrupt, frauds happen. I mean, there's countless examples where accounting illiteracy cost society, communities, families or individuals a lot.
It should start in high school.
Crying in the bathroom
Mark Robilliard: In 2007, a lady contacted me about coming to an 'Accounting-101' public workshop in Sydney. She told me that her husband had started and operated a very successful furniture manufacturing business, but he had recently died and left it all to her. She hadn't done any form of business or financial literacy education at school. She had attended some board meetings and some orientation meetings with the CFO, but just did not understand what they were talking about. Notably, at the end of the board meetings she would lock herself in the bathroom and cry out her frustrations - she felt she was letting her husband down. She called me because someone had suggested an accounting literacy workshop, she was desperate and she wanted to know if we could help. I encouraged her to come and to bring her financials for a special 'post-workshop 1-on-1 session'. I arranged for a Chartered Accountant (experienced business adviser) to be on hand at the end of the workshop to give her some private 1-on-1 coaching on her company's financials. By the end of the Color Accounting Learning System™ workshop her attitude had changed from fearful to excited as she knew she could better understand how the balance sheet and the income statement worked and the story they told.
But by far the best moment, was when the other participants had left and the accountant joined us. She sat with him and using her financial statements and new found confidence told him the story about how her business worked, and the areas where she needed more information. They had a financial conversation about her business. She was empowered, a leader and back in the game.
Imagine if she had been taught this stuff in high school.