Organization and group cooperation details

This first book of the series 'Accounting is a Kid’s Game' developed by ADA, Appui au Développement Autonome, and the NGO Alternativas (from Mexico) explains, in a clever and entertaining way, the basic principles and dynamics of the two fundamental accounting documents: the Balance Sheet and the Income Statement.

The book is addressed to urban and rural people who regularly carry out economic operations, individually or cooperatively. By simulating the creation of a cooperative enterprise, the authors show us, in a clear way, how the different economic activities and the financial situation of an enterprise are recorded in these two key accounting statements. These fundamental rules constitute a solid base for better understanding of the technical concepts of accountancy.

The book covers the following topics:

• What is a Financial Statement?
• The Balance Sheet
• How to start accountancy in a cooperative enterprise: how to register income, investment and production.
• The Income Statement.
• The Balance and the Income Statement

The simple and didactic presentation of this book makes it a highly recommended manual for trainers and facilitators providing training for entrepreneurs. The approach is so innovative and entertaining that it is useful for anyone who wishes to have a better understanding of financial management and who needs to explain it to others, e.g. credit officers, extension officers, cooperative managers.

• edited web version (EN)