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Mark Robilliard
It was March 1977 and I had just started my accounting degree in my Australian home town. After breezing through high school I found Accounting-101 to be very opaque - in fact, I hated it. It only ...ver maisIt was March 1977 and I had just started my accounting degree in my Australian home town. After breezing through high school I found Accounting-101 to be very opaque - in fact, I hated it. It only began to make sense when I started working as an accountant and an inspired teacher 'showed' me. The proverbial lights went on and I understood it for the first time.Years later in a twist of fate, I became the National Training Manager for KPMG, and here I met my good mate and future business partner, Peter L Frampton. Newly graduated accountants were employed fresh out of university and, like me, many of them did not understand accounting. In our client's businesses, there were plenty of middle and senior managers who should understand accounting but did not. Governments in Australia and elsewhere were investing significant resources into financial literacy but it didn't seem to be working.So Peter and I undertook to do something about it. Find out why accounting is difficult to learn for students, establish an education program for accounting literacy in business, and establish the link between accounting literacy and financial literacy. It took slightly more than 20 years in what we believe is the longest and most thorough research and development ever conducted into accounting literacy education.Accounting literacy had never been effectively distinguished as an important social and life skill - for anyone. It is different to financial literacy and just as important being both a precursor and a catalyst of financial literacy. Indeed, accounting literacy is the very foundation upon which the financial literacy edifice stands.The learning technology we created has been referred to as Accounting Comes Alive and Color (or Colour) Accounting but whatever the name, its main claim to fame is that it's easy, it's enjoyable and it works - fast.ver menos