Each module is structured to guide your learning journey and provide you with the necessary knowledge and skills to complete the assessments. Within the Learning Management System (LMS), you will find organised learning content that covers various topics relevant to the course. This content may include text-based lessons, multimedia presentations, interactive activities, and downloadable resources. As you progress through the module, you'll engage with the learning materials at your own pace, allowing for flexibility and personalised learning experiences.
Throughout the module, you will encounter assessments interspersed with the learning content. These assessments serve as checkpoints to gauge your understanding and reinforce your learning. Tasks within the assessments are designed to prompt you to apply the concepts and principles you've learned, helping to solidify your understanding and cement your learning. By actively engaging with the assessments, you actively participate in your own learning process, reinforcing key concepts and building confidence in your abilities.
At the end of each module, you will complete comprehensive assessments that encompass the content covered throughout the module. These assessments are summative evaluations of your knowledge and skills, requiring you to demonstrate your understanding through various tasks and activities.
Many of the case study assessments are based on a fictitious company called Ace Finance.
Welcome to Ace Finance*.
As part of your assessments, you'll have the opportunity to step into the role of an undergraduate accountant at Ace Finance, a fictional accounting firm. This simulation will allow you to experience the day-to-day responsibilities and challenges faced by professionals in the accounting and bookkeeping field.
You'll be tasked with handling various accounting and bookkeeping duties, working with diverse accounts for different types of businesses and clients. This hands-on experience will not only enhance your understanding of accounting principles and practices but also provide valuable insights into the real-world workings of accounting and bookkeeping businesses. Your role will involve reporting to your manager, Andrew, and collaborating with colleagues to meet the firm's objectives and deliver high-quality client services.
*NOTE: Ace Finance and associated characters are fictitious. They have been created for educational purposes only.
As a graduate accountant at Ace Finance, you'll work closely with Andrew Glass, who is a Senior Accountant and Manager at the firm. Throughout the course, Andrew will regularly email you, assigning work tasks that must be completed and submitted. These tasks will provide you with hands-on experience and insight into the day-to-day operations of accounting and bookkeeping, allowing you to apply theoretical knowledge in a practical setting.
Congratulations, you have been employed as a Graduate Accountant at Ace Finance.
As a Graduate Accountant at Ace Finance, you'll have the opportunity to engage in a variety of work tasks under the guidance of Andrew. Throughout the course, Andrew will reach out to you to assign tasks that are directly related to the operations of Ace Finance and the clients it represents. These tasks will vary in nature, requiring you to use both manual accounting and bookkeeping methods as well as the online accounting software Xero.
While completing these tasks, you will need to download and upload documents, conduct presentations, engage in role plays, and implement various accounting and bookkeeping functions. This hands-on experience will provide you with valuable practical skills and insights into the complexities of accounting in real-world scenarios.
Your collaboration with Andrew and your involvement in these tasks will not only enhance your understanding of accounting principles and practices but also prepare you for the demands of an industry accounting environment. By working on a diverse range of tasks connected to different companies, you'll gain exposure to various industries and business structures, further enriching your learning experience. Embracing both manual and online accounting methods will equip you with the skills and knowledge that are essential for success in the ever-evolving field of accounting.
As previously mentioned, you will complete a comprehensive assessment at the end of each module. These assessments will involve various work tasks. Tasks may include recording answers in assessment documents, completing Word and Excel documents, drafting emails, and uploading files through the LMS. You will be presented with different scenarios to navigate, such as presentations, role plays, knowledge-based questions, and research tasks.
Each assessment will outline the tasks necessary for progression to the next assessment and module. Any additional supporting documents needed to complete the assessment tasks will be listed within the assessments. These supporting documents are accessible as downloadable files in the Assessment tab of the LMS. Simply clicking on them will trigger automatic downloading.
If you have any questions or queries, you can contact your trainer for further assistance.