Students get hands-on with cloud accounting software
28 June 2018
In partnership with MYOB, the University of Canterbury is helping students get ahead with hands-on courses on the use of cloud accounting software.
In partnership with MYOB, the University of Canterbury is helping students get ahead with hands-on courses on the use of cloud accounting software MYOB Essentials.
While accounting software has been taught as part of tertiary degrees for some time, this partnership initiative represents a new approach to offering students comprehensive training in the practice of accounting.
UC Accounting Lecturer Dr Julia Wu says that the cloud-based software delivery model allowed her to create a flexible, student-led learning experience.
“As a cloud-based accounting package designed for small and medium-sized firms, it processes transactions and reports at the right the level for my students,” Dr Wu says.
“For this reason, MYOB Essentials is not really ‘taught’ in classes in the traditional sense. Learning and assessment activities are designed to guide the students to work through various tasks that mimic a real-world business operation. The fully online functionality allows students to work on the tasks whenever and wherever they choose.”
By working closely with its education partners, MYOB was able to offer and support a uniquely practical learning experience for a new generation of accountants and finance industry workers. In doing so, the brand gained useful insight and feedback on one of its key products in return, said Education Manager for MYOB Shailan Patel.
“Our new partnership programs with the University of Canterbury have been thoroughly rewarding – on a personal level, as well for our business,” he says.
“It’s been inspiring to see students exploring MYOB Essentials and learning how to get the most from it. We’ve also received rich feedback that we can use to help shape the future of our software and the future of these partnerships.”
Feedback from Dr Wu’s accounting students includes:
‘I really enjoyed the MYOB project and felt it helped apply and realise some of the accounting principles and practices highlighted in classes, during lectures and tutorials and throughout the entire degree.’
‘There was a lot to be learnt from this project, but I think the most significant thing I learnt from this was enhancing my IT skills, in a world where IT is going to much more important in the workplace.’
‘I loved how elegantly the project cut out a lot of work that I would’ve done if I did the journal entries etc. on pen and paper. The hardest part of the MYOB course was most definitely the management report. However, it made me more critical of financial information, as I found myself identifying problems within the financial reports that I might’ve just taken for granted otherwise.’
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