Double-entry Bookkeeping Right at One's Fingertips

Internationally successful iPhone app now available on the American market

Jan 16, 2013, 09:00 ET from HPRuehl

BERLIN, January 16, 2013 /PRNewswire/ --

StudyAccounting is the first iPhone app which allows learners to practice posting transactions to the correct T-accounts just by tapping their touchscreens. Users get immediate feedback on whether their choices are correct, so they continue learning throughout the entire exercise. The app, which is available for purchase in the App Store, is particularly suited to students preparing for exams and managers unfamiliar with accounting.

"I want to make it as easy as possible for new business-management students and people with no accounting experience to get started with double-entry bookkeeping," explains bookkeeping expert Hans Peter Rühl. App users learn the principles of double-entry bookkeeping step by step over 44 chapters, and can practice posting even complex transactions just by tapping graphical representations of the relevant T-accounts.

The app starts by presenting some basic terminology, using clear graphics to make concepts more easily accessible; multiple-choice questions help users internalize new words. Bit by bit, users add to their knowledge, working their way up to the most essential element of double-entry bookkeeping: posting business transactions to so-called T-accounts. After that, it's time to start practicing-the app presents a series of transactions, and users post each one by tapping the correct T-accounts. Immediately after making each selection, users learn whether their choices were correct or not; only after having successfully posted the entire set of transactions can they move on to the next page. The method provides a playful introduction to the different steps of the double-entry bookkeeping process and helps learners consolidate their knowledge.

For the past 13 years, Hans Peter Rühl has been training and consulting managers on double-entry bookkeeping; his app's explanations draw upon the pedagogical concept he has developed over time. Apps using Rühl's teaching model are available in all English-speaking countries, and his German-language bookkeeping app has already become one of Germany's most successful educational apps. StudyAccounting was launched in December 2012, and can be downloaded from the App Store for $9.99.

For more information, visit:

Bianca Böhringer
Phone: +49-30-887102-19