Bundle: Modules One & Two
Want to take a test drive before you commit to the full package (*)? During the introductory special period we’ll let you purchase Modules 1 & 2 together for just $54
Don’t delay, the introductory special period ends soon. Grab the bargain, increase your business and numbers KnowHow and start growing your BeansTalk.
(*) We can’t promise that you’ll get these prices again.
Funnily enough, accounts aren’t prepared by tossing numbers around – like darts in a game of darts! You see, for a business to make good decisions it needs accurate data.
In Module 1, we cover the basics of accounting (a.k.a. keeping the books) – where it’s come from (and why). Then we go on to balancing the books, double entry, why the banks seem to lie to us, and why it’s right for debits to be on the left. We work through loads of examples (= crunch lots of numbers) to ensure your understanding becomes second nature – so you can do them in your sleep – beats counting sheep!
Isn’t it funny how professionals tend to hide behind their profession!? Accountants are as guilty as any. We tend to speak as if you know what the financial statements mean, while knowing you probably don’t. What use is that!
So, let’s get you to the point where you can be the one asking your accountant tricky questions! Where you know how the numbers came together, and what the numbers mean – so when the Beans Talk, you listen (and understand).
Module 2 discusses the make-up of the financial statements themselves – the different types of profit mentioned in the Profit & Loss (Statement of Financial Performance), how overheads can get under your feet, what depreciation is, why cash doesn’t necessarily equal profit, and what a good Balance Sheet (Statement of Financial Position) should look like.
Then we move on to the time-proven ratios used by banks and others to judge how the business is performing and how secure its position is. These are part of the key performance ratios (KPIs) section of the course.
As you can see, there are plenty of options here for better understanding enabling you to make better decisions, and better decisions mean more profit … A good return on your investment (ROI) in the course, then!
Who Is The Target Audience?
We want everybody to do it! Seriously! The course is designed for:
- Students (high school and above, if not earlier)
- People in the workforce, and
- People wanting to get (back) into the workforce.
Why These Modules?
The majority of people end up working (for money) within an organisation for which accounts are prepared. For most people, this employer is a business, maybe even one they own themselves! Yet, in spite of this, schools do not teach fundamental bookkeeping. So, most people end up not knowing the financial effect of what they do, and the decisions they make. Nor do they know how accounts go together, and what must be done to keep them accurate.
This Module is a start in changing this. It’s a start in making people more valuable to the organisation they work for, more able to manage that organisation, and more able to help strengthen it.
How Does It Work
How Long Will This Take?
It depends how hard out you want to go. But we envisage you should be able to get through each Module in around ten hours total.
How is the Course Structured?
The Modules includes a number of KnowHow papers, with accompanying Quizzes. You then move on to Examples, followed by parallel Exercises. Finally, there is a multi-part Test, just to make sure you’ve grasped it all! We cover double entry, debits and credits, the accounting equation, the chart of accounts, accruals, prepayments, provisions, and much, much more. Then we move on to accounting jargon, trial balance, depreciation schedule, balance sheet, income statement, cash flow statement, key performance indicators, budgets and more.
What Do I Get?
You get a login to enable you to access:
- The PDFs of:
- The KnowHow papers
- The Examples
- The Exercises
- The Exercise Answers
- The Tests
- The Test Answers
- The Quizzes (and their answers), which are hosted online.
Crystal Paine - Money Saving Mom
"I never really understood the why behind many of my tasks. While working through this program in preparation for my daughter, I was able to gain a better understanding of the why behind how I do things, such as; balance sheets, fixed assets and depreciation. With this new understanding, I am able to do my job much more efficiently. This in turn makes me a more valuable asset to my company."
I have worked in a variety of industries – from retail to printing, an international airline to a government health enterprise – and in organisations of various sizes – from global engineering giant to boutique accounting firm.
My roles have encompassed financial and management accounting, company and tax accounting, finance and operations management. My focus has always been on improvement – processes, my role, results – whatever I could do to contribute to bettering the organisation.
I’ve worked closely with Medical Professionals from various specialities, Engineers, Logistics professionals, Printers, Manufacturing specialists, Retail gurus, and clients from all over the spectrum – and, yes, I’ve tried to make things better for all of them.