What participants can expect from Accounting Club
Accounting Club runs as an enrichment or after-school weekly activity for a term. There are ten sessions of approximately 90 minutes each. Resources, lesson plans, instructor videos and activities are provided for each club meeting.
Fundamentals of accounting
The first three sessions are based on activities and conversations introducing participants to fundamental accounting concepts and their relationships. Through stories and activities, participants are introduced to the concept of duality and the five financial statement elements.
Using Colour Accounting, an interactive and playful activity, participants experience “doing” accounting. They are each given their own Colour Accounting pack, which is theirs to keep. After Colour Accounting, participants navigate a set of financial statements, and we coach them in analysing reports meaningfully.
We then move on to personal finance and use fundamental accounting concepts to explore wealth, savings, budgeting and investing. The content is carefully designed to be agnostic in terms of the financial background of participants.