Visual Financial Accounting for You: Greatly Modified Chess Positions as Financial and Accounting Concepts (ePub)

The ebook combines chess images with accounting and financial concepts. Nine chapters cover topics from fundamental analysis. The reader does not need to know how to play chess. The CHESSBOARD IMAGES assist the reader by making MATHEMATICAL CONCEPTS MORE VISUAL.

Chessboard images assist because they can and do convey mathematical information, visually. The most important chess piece---for our purposes---is the PAWN. It does and will have a value of one unit (p = 1). The other pieces will derive their values from the base value of the Pawn. For example, Bishops and Knights are worth three units each. If you see one pawn, one Knight, and one Bishop the collective value will be seven units (p + B + Kn).

Chessboard images convey mathematical formulas as to the fundamental analyses of companies. Chessboard images aid learning and retrieval via visual cues.

To be clear the black pawns are REVENUES, the white pawns are EXPENSES, the other black pieces are ASSETS and the other white pieces are LIABILITIES.

Conceptually, in terms of this ebook, people and businesses do and will prefer more black pawns and other black pieces. If the black units outnumber the white units, the business is healthy. If White has more units or pieces, the business has work to do.

Anthony lives and works in Sydney Australia. He holds a degree in accountancy, majoring in business and also has a graduate certificate in business---both from Western Sydney University.