This paper describes a project that teaches principles of accounting and Microsoft Excel to gifted and talented fifth graders. The course material was adapted from a college course usually taught at the sophomore level. Students learned about business transactions, financial statements, and business decision-making. Score differences on pretests and posttests showed learning at a statistically significant level (P<0.01). Fifth graders' posttest scores were not statistically different (P>0.05) from college sophomores who took the same test. The importance of this project is that elementary age students can form very favorable impressions of accounting, which may be beneficial to the students and to the accounting profession. Almost all of the fifth grade students desired to learn more about accounting. This project is also an excellent opportunity to involve Beta Alpha Psi in a rewarding service experience.