Intermediate Accounting

BUS 322
Closed
Alma College
Alma, Michigan, United States
TR
Associate Professor
(1)
2
Timeline
  • March 11, 2024
    Experience start
  • April 12, 2024
    Experience end
General
  • Undergraduate; 3rd year
  • 7 Students; teams of 5
  • 20 hours per Student
  • Dates set by experience
  • Educators assign Students to projects
Preferred companies
  • 1/2 project matches
  • Anywhere
  • Academic experience
  • Any company type
  • Any
Categories
Accounting Risk, audit and compliance
Skills
calculations online communication financial accounting accounting research
Project timeline
  • March 11, 2024
    Experience start
  • April 12, 2024
    Experience end
Overview
Student goals and capabilities

Looking to elevate your organization, and bring it to the next level? Bring on learners from Alma College to be your learner-consultants, in a project-based experience. Learners will work on one main project over the experience of the semester, connecting with you as needed with virtual communication tools.


Learners in this program/experience will receive a thorough and balanced study of theory, concepts, methods and applications relating to financial accounting with special attention to debt and owner equity measurement and disclosure. Emphasis on earnings per share calculation and accounting for leases and pensions.


Expected outcomes and deliverables

Deliverables are negotiable, and will seek to align the needs of the learners and the organization. 


Some final project deliverables might include: 

  1. A 10-15 minute presentation on key findings and recommendations
  2. A detailed report including their research, analysis, insights and recommendations


Project Examples

Learners in a group of 5 will work with your company to identify your needs and provide actionable recommendations, based on their in-depth research and analysis.


Project activities that learners can complete may include, but are not limited to: 


  • Recording financial transactions for sole proprietorships, partnerships, private enterprises, publicly accountable enterprises and non-profit organizations.
  • Preparing and presenting financial statements, reports and other documents
  • Evaluating risk, economics, environmental, ethical, legal, political, sociological and technical factors to support strategic decisions
  • Understanding investments in equity securities and preparing necessary journal entries and any disclosure requirements
  • Preparing required journal entries and balance sheets for business combinations.


Additional company criteria

Companies must answer the following questions to submit a match request to this experience:

Be available for a quick phone/virtual call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the experience.

Provide a dedicated contact person who is available for weekly/bi-weekly drop-ins to address learners’ questions as well as periodic messages over the duration of the project.

Provide an opportunity for learners to present their work and receive feedback.

Provide relevant information and/or data as needed for the project.

How is your project relevant to the experience?