During more than twenty years as a practicing accountant, John Day has found that clients can easily grasp accounting concepts if presented in the right way. He has discovered common patterns of confusion among clients, and worked out teaching techniques to guide them. His Internet accounting course is an amalgamation of wide accounting experience and a unique ability to simplify ideas, and make them fun and interesting to follow.

John Day
  Have you been thinking that it would probably be a good idea to know more about how accounting works? If so, you are not alone. There are probably thousands of Rent to Own owners in the same boat. Chances are you know quite a bit already about accounting since you have to produce financial statements, at least annually, to prepare your income tax returns. I would venture to say that you may only be missing certain key elements of accounting knowledge that prevent you from seeing what we accountants call “the big picture”.

The first step to take when learning accounting concepts, is to set aside your pre-conceptions of what that experience will be like. You need to know that each accounting concept is simple and uncomplicated like 2+2=4. Combining these concepts into various systems is what constitutes “accounting”. Therefore, it is important to fully understand each concept before moving on to the next. This is called “step-by-step” learning.

Roy Griffaw, your editor, has asked me to write a series of accounting articles to help you see that understanding accounting concepts is not that difficult. In fact, understanding accounting concepts should become a valuable aid in knowing how the financial end of your business functions and communicating that information to others.

RTO Online is proud to welcome John Day to our family of Contributing Editors. If you wish to become a contributor to RTO Online, please email or call toll free 866-786-7547.