University Accounting: Problem Solving and Teamwork Skill Development

This report reflects on a student's experience in an accounting course, focusing on the development of problem-solving and teamwork skills through various assignments. The student discusses how the course activities and assessment tasks, including topics like internal control, cash management, accounting for receivables, inventory, and GST implications, have contributed to their skill enhancement. The report highlights the practical application of accounting principles and the development of skills such as analysis, evaluation, risk management, and interpretation of financial data. The student emphasizes the importance of these skills for accounting graduates and how the course has prepared them for future career success in the accounting field. The report includes a bibliography of relevant sources and an appendix summarizing the skills developed through different unit activities and assessment tasks.

Running head: PROBLEM SOLVING AND TEAMWORK SKILL DEVELOPMENT
PROBLEM SOLVING AND TEAMWORK SKILL DEVELOPMENT
Name of the Student:
Name of the University:
Author Note

1PROBLEM SOLVING AND TEAMWORK SKILL DEVELOPMENT
This paper is prepared to show my experience regarding the learning activity and
assessment task of this course. This paper also express how this learning activities and
assignment task helps me to develop my problem solving and teamwork skills. This problem
solving and teamwork skills are the very important skill for me as I am a graduate in
accounting also demanded by the most of the employers. Hence, the contribution of the
learning activity and the assessment task in my skill development boost my career in the
accounting field.
The learning activity and the assignment task of all the five weeks helped me to
develop my skills related to the accounting practises. These skills are highly required in the
accounting practises and asked by the employer mostly. The assessment task and the learning
activities specially developed my problem solving skill and the teamwork skills. The
assessment and task of the different week developed my different skills in relation to the
problem solving and the teamwork. The assessment and task of the 1st week that was based
on the introduction of the accounting and the governance helped to understand my role in the
accounting team, the skill of analysing and understanding along with the researching skill.
The 2nd week assignment was based on the internal control and cash management, which
helped me to develop the risk management skill. From this, I have learned the analysis of the
internal control as well as the cash control of the firm to identify the risk associated with
them. Form this I also understand the applications of the various principles to reduce the level
of risk. The third week assessment and the task was about the accounting for receivables.
This developed my identification skill as well the analysing skill. This taught me the
analysing procedure and the evaluating procedure too. In this, I have learned how to analyse,
understand the operation and the evaluation of the performance of any firm. Lastly, the fourth
and fifth week of the assignment was based on the accounting for inventory along with the

2PROBLEM SOLVING AND TEAMWORK SKILL DEVELOPMENT
implication of the GST. From this week’s assessment and task I have learned that how to
evaluate the inventories of the firm. This helped me to develop my evaluation skill.
This five weeks assessment and task truly helped me a lot to understand the different
role and responsibility of an accountant and with the various accounting treatments of the
various terms. This helped me to develop the various skill like analysis evaluation, analysing,
researching and various other skills that helped me to develop my teamwork skill and
problem solving skill. This skill development will definitely affect my career in a positive
way.

3PROBLEM SOLVING AND TEAMWORK SKILL DEVELOPMENT
Bibliography
Hesse, F., Care, E., Buder, J., Sassenberg, K. and Griffin, P., 2015. A framework for
teachable collaborative problem solving skills. In Assessment and teaching of 21st century
skills (pp. 37-56). Springer, Dordrecht.
Jackling, B. and Natoli, R., 2015. Employability skills of international accounting graduates:
Internship providers’ perspectives. Education+ Training, 57(7), pp.757-773.
Nurdyansyah, N., Siti, M. and Bachtiar, S.B., 2017. Problem Solving Model with Integration
Pattern: Student’s Problem Solving Capability.
Özsoy, G. and Ataman, A., 2017. The effect of metacognitive strategy training on
mathematical problem solving achievement. International Electronic Journal of Elementary
Education, 1(2), pp.67-82.
Paguio, R. and Jackling, B., 2016. Teamwork from accounting graduates: what do employers
really expect?. Accounting Research Journal, 29(3), pp.348-366.
Yoke, T.C. and Ngang, T.K., 2017. A study on skill development among final year diploma
in business studies students. MOJEM: Malaysian Online Journal of Educational
Management, 3(2), pp.32-50.

4PROBLEM SOLVING AND TEAMWORK SKILL DEVELOPMENT
Appendix
Week
Problem solving skill Team work still
Unit Learning
Activity (Tutor)
Unit assessment task
(assignment)
Unit Learning
Activity (Tutor)
Unit assessment
task (assignment)
1
This help me to
develop the
researching skill.
This help me to
develop my analysing
skills.
This help me
understand my role in
the accounting team of
the firm.
This help me to
identify my role in
working with the
accounting team.
2
This also help me
to develop my
researching skill
and risk
management skill.
This helps me to
develop my evaluation
skill and implication of
such skills.
This helped me to
develop controlling
power.
This developed my
controlling skill.
3
This developed my
evaluation skill.
This developed my
identifying skill.
This developed my
skill to interpretation
of fact.
This helps me with
the evaluation skill.
4 and
5
This help me to
develop my
interpretation skill.
This development my
implication skill of the
interpreted data.
This helped me with
the analysing and
understanding skill.
This help me to
understand the
numerical data
analysis.