This dramatization follows trainee accountant Calvin Clegg, a contestant on the faux game show Who Wants to Make a Million?, as he is quizzed on the basics of accounting. Viewers learn about the four components of the accounting process, the balance sheet, calculating profit and loss, cash control, and assessing financial performance, all in an entertaining format. The video also covers different types of businesses, entrepreneurship, and accounting software.

Encoded with permission for digital streaming by Infobase on March 15, 2011. Learn360 is distributed by Infobase for Films for the Humanities & Sciences, Cambridge Educational, Meridian Education, and Shopware.

Accounting Information & Tools (6:56) -- Balance Sheet (6:23) -- Calculation of Profit and Loss (6:08) -- Cash Control (5:05) -- Assessment of Financial Performance (6:23) -- Credits: Balancing the Books: Understanding Financial Reporting (0:33).