In this Innovation Council Q&A, Peter Frampton, co-founder of Wealthvox and developer of the Color Accounting Learning System, discusses his journey to create a conceptual framework that better looks at how accounting and business finance work. It involves the use of color-coding, mapping, linguistic clarification, sound effects, and deliberate sequencing and layering of concepts. He discusses how the innovative system has upgraded corporate financial conversations by helping to analyze clients’ internal financial processes and offered financial tools to high schools, colleges, and even the American Institute of CPAs using the curricula across North America, Europe, Asia, and Africa. He talks about the continuous process to apply for patents and how they have been using a number of trademarks and licensing agreements to ensure they are able to share and protect their IP.
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