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GoVenture ACCOUNTING simulation CD-ROM
GV-AC-CD
GoVenture ACCOUNTING simulation CD-ROM
 
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Description
GoVenture Accounting simulation is an easy-to-use program that introduces you to the experience of running your own micro business and practicing accounting. It's the perfect first step for younger students or adults who need to start with the basics of running a business. It also offers the opportunity to apply concepts in other subjects such as math, finance, career, or general life skills in a fun business setting.

Like a flight simulator for business, GoVenture Accounting puts you in the role of the owner of a mobile business cart, where you must decide what products to sell and where and when to sell them in order to maximize profits. Its easy to use, visual, interactive, and exciting!

Unlike any book, course, or seminar, GoVenture Accounting enables you to gain years of experience in minutes! Manage all the key aspects of your own virtual business price your products, buy inventory, advertise, review financial statements, hire employees, manage schedules, practise accounting, and more. Monitor your success by evaluating profitability, market share, and customer satisfaction.

Try your business skills on your own, against your friends and classmates, or compete with the computerized businesses in the simulation. Gain practical experience so you have the confidence to explore starting and running your own small business!

Play again and again every new simulation you run is different!

GoVenture Accounting is a modified version of GoVenture Micro Business with an enhanced accounting module that allows you to make accounting entries manually.

Reporting Features
Several reports are automatically generated by the simulation:
  • Daily Summary
  • Customer Comments
  • Balance Sheet
  • Income Statement
  • Sales by Product
  • Revenue/Expenses by day
  • Cash Balance by day
  • Customers Served by day
  • Customer Satisfaction by day
  • Market Share by day
  • Startup and Working Capital
  • Seed Financing
  • General Journal
  • General Ledger

Auto-generated Income Statement and Balance Sheet can be hidden so that instructors can request that students build the financials on their own (outside of the simulation, such as on paper or in a spreadsheet).

Every transaction made is recorded and displayed in the student's Performance Report.

Performance Report can be printed or saved to a file.

Accounting Accounts
The following accounts are included in the simulation:

Assets
Cash
Inventory
Property, Plant & Equipment

Liabilities
Loans

Equity
Paid-in Capital

Revenue
Sales
Cost of Goods

Expenses
Licenses & Permits
Insurance
Interest
Payroll
Advertising
Marketing
Transportation
Trailer Rental
Repairs & Maintenance
Miscellaneous

Accounting Transactions
The following actions in the simulation require accounting entries to be made:
  • Seed Money
  • Logo and Signage
  • Equipment Purchase
  • Cart Purchase
  • Move Cart
  • Trailer Rental
  • Permits
  • Insurance
  • Loan Payment (Principal and Interest)
  • Payroll
  • Advertising Radio
  • Advertising Newspaper
  • Advertising Busker
  • Inventory Purchase
  • Inventory Write-off
  • Sales (Cash, Revenue, Cost of Goods, Inventory)
  • Improve Appearance
  • Improve Quality
  • Maintenance
  • Theft

Frequently Asked Questions

Does GoVenture include every aspect of accounting?
No. Including every aspect of accounting would require a much more complex business, making the simulation conceptually too difficult for most students. GoVenture is intended to provide hands-on experience and practice with the fundamental principles of accounting. Once the fundamentals are understood, it is much easier for an instructor to then provide students with additional accounting examples outside of the simulation, or by using the simulated business as a context.

Does a student have to know accounting before they play GoVenture?
It depends. If the manual accounting feature is turned off, then no a student can dive in and play right away. If the manual accounting feature is turned on, then the student will need a very basic understanding of double-entry accounting prior to playing.

Which product is right for me: GoVenture Micro Business or GoVenture Accounting?
If you would like the ability to make accounting entries manually, then you need GoVenture Accounting. If this feature will never be used, then GoVenture Micro Business may be a less expensive option.

See below for product video and free trial.

CD-ROM
A boxed CD-ROM will be shipped to you. Ground shipping is free in the US and Canada. International customers, please choose the ONLINE Subscription option as CDs are not shipped internationally. Before you place your order, be sure to review our Refunds, Returns, and Cancellations Policy available by clicking the ABOUT tab above.

Choosing the right product for you
GoVenture Small Business is a very comprehensive and highly customizable simulation. For a less detailed and more introductory simulation try GoVenture Micro Business or GoVenture Lemonade Stand.

What you need to use this software
  • CD-ROM drive to play or install
  • Windows or Macintosh computer
For HOME or INDIVIDUAL use only
This licensing option is for home and student use only. For teacher, nonprofit, government, and corporate licensing and pricing options, please visit www.GoVenture.net

Video and Free Trial
Watch the short video below then play the free trial

Video
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