Breakfast Launch Helen Davies WESTERN CAPE CLIMATE CHANGE RESPONSE STRATEGY (2014) 24 February 2014.
Colour accounting breakfast launch presentation
11
Breakfast Launch – 16 th April 2013 Peter Frampton Founder, Colour Accounting
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On 16th April 2013 Finance and Learning & Development professionals gathered in central London for the UK launch of Colour Accounting™. Peter Frampton, Founder of Colour Accounting, explained why it’s different, why we have a passion for finance and why there is a need for better financial literacy across the UK. www.colouraccounting.holstgroup.co.uk 0845 456 4000
Transcript of Colour accounting breakfast launch presentation
Breakfast Launch – 16th April 2013
Peter FramptonFounder, Colour Accounting
Fix the cause not the symptom
Accounting Literacy enables Financial Literacy which enables
Business Literacy.
Cost of Financial Illiteracy
“My business failed because I
misunderstood the meaning of the word ‘revenue’”
How business works (Value Cycle)
Equity
USE OF FUNDS SOURCE OF FUNDS
The owners contribute funding…
Equity
USE OF FUNDS SOURCE OF FUNDS
Funding is leveraged with loans
Liabilities
Equity
USE OF FUNDS SOURCE OF FUNDS
Assets acquired to use to earn income….
Liabilities
Assets
Equity
USE OF FUNDS SOURCE OF FUNDS
Unfortunately the business must destroy value as expenses…
Liabilities
Assets
Expenses
Equity
USE OF FUNDS SOURCE OF FUNDS
…to generate value as income…
Liabilities
Assets
ExpensesIncome
Equity
USE OF FUNDS SOURCE OF FUNDS
Owners claim the surplus as profit
Liabilities
Assets
ExpensesIncome
Next steps?
Attend a public course Arrange an in-house course Book a meeting
www.colouraccounting.holstgroup.co.uk [email protected]
0845 456 4000
