Accounting: The Story of Your Money
Stop seeing numbers as a chore and start seeing them as a map. Learn the fundamental language of business to track what you own, what you owe, and where your profit actually goes.
Like Duolingo, but for Accounting: The Story of Your Money. Tomo turns the whole topic into a game you play five minutes a day, until it actually sticks.
A short one: 12 levels across 2 sections, about 24 minutes end to end, roughly 5 days at five minutes a day. It moves through The Foundation of the Map and Reading the Vital Signs. It starts from scratch.
Free forever · No credit card · iPhone & Android
Key ideas in Accounting: The Story of Your Money
- Every asset is funded by either debt or owner investment
- Assets must provide a future benefit, not just a past one
- The total value of things owned must equal the total value of how they were paid for
- Accounts receivable (money owed by customers) is a resource with future value
- Consumed expenses are not assets
- Identifying assets based on future economic benefit
- Liabilities are claims held by outsiders (creditors)
- The fundamental source of all business assets
- A liability is an obligation resulting from a past event that must be settled later
- Equity is the 'residual' claim on assets
- Owners only 'own' what is left over after debts are subtracted
- The nature of liabilities as future obligations
- The accounting equation (A = L + E) must always stay in balance
- An increase in assets must be mirrored by an increase in liabilities or equity
- Equity as the residual interest in the business
- The necessity of the equation balancing
You've tried the other tabs
Thirty open tabs. Four facts you actually kept.
You watched. You nodded. By Sunday it was gone.
One answer, then back to scrolling.
Eight weeks. You meant to finish. You didn't.
Tomo gives Accounting: The Story of Your Money the Duolingo treatment: levels, streaks, and quick quizzes that test what you just learned. That game loop is what the tabs above never had, so it's the one you actually finish.
Here's what playing it feels like
A real question from this course. Take your best guess.
Which of these is the defining characteristic of an 'Asset' in a business?
Get it right to open this lesson and 11 more in the app.
How to learn Accounting: The Story of Your Money, step by step
Go in order. 12 short levels across 2 sections, about 24 minutes in all, five minutes a day.
- 1
The Foundation of the Map
- The Golden Equation
- Tracking the Flow
- 2
Reading the Vital Signs
- The Three Essential Reports
- Accounting for the Future
2 sections · 4 units · 12 levels. Built to play, not to enroll.
Questions about Accounting: The Story of Your Money
How do I learn Accounting: The Story of Your Money?
Go in order: start with The Foundation of the Map, then Reading the Vital Signs. On Tomo that's 12 short levels, about 24 minutes in all, played five minutes a day. Start free and play the first level in under a minute.
Is there a Duolingo-style app for Accounting: The Story of Your Money?
Yes. Tomo works like Duolingo: short daily lessons, streaks and quick quizzes. Accounting: The Story of Your Money is one of its free courses, and you can type any other topic to get a course of your own.
Is the Accounting: The Story of Your Money course free?
Yes. Accounting: The Story of Your Money is playable on Tomo's free plan, which doesn't expire. No credit card, no waitlist. Download the app and start your first lesson.
How long does it take to learn Accounting: The Story of Your Money?
12 levels across 2 sections, about 24 minutes of play in total. It's built for five minutes a day, so you finish it a little at a time instead of all at once.
Do I need any background to start Accounting: The Story of Your Money?
No. It's pitched at a beginner level, so it starts where you are and builds up. If you can tap a phone, you can start.
Tomo is in ChatGPT
Tomo is also a ChatGPT plugin: the same playable courses, built and played inside your chat.
Add Tomo to ChatGPT- What to ask
- “Make me a Tomo course on black holes.” “Turn this chat into a Tomo course.”
- What you get
- Quick questions with instant feedback, hearts and stars, ready to play in about a minute.
- Where it goes
- No sign-up to start. Connect your Tomo account and your streak carries on in the app.
You pick the voice
Accounting: The Story of Your Money is taught in the Professor style: clear, structured, thorough. Want a different feel? In the app you can spin up the same topic in any of Tomo's teaching styles. Same facts, totally different vibe.
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Start Accounting: The Story of Your Money today.
Download Tomo, search Accounting: The Story of Your Money, and play your first lesson in under a minute.