The Financial Accounting Simternship
Get two powerful instructional assets for your accounting course
Turn classroom concepts into career-ready experience with a Simternship®! The Financial Accounting Simternship gives students hands-on experience with the mechanics of accounting. Instructors may implement the Accounting Cycle scenario and the Financial Statement Analysis scenario together or as individual scenarios, depending on the needs of your curriculum.
Pair the simulation with the “Introduction to Financial Accounting” courseware to give your students a fully aligned learning experience.
Build your students’ skills with a Simternship
Each round mirrors professional practice, giving students the hands-on experience they need to thrive in today’s competitive job market.
The Simternship gave me exceptional first-hand experience in understanding journal entries through virtual software and tools, which I was able to leverage at work to improve the quality of the reports I send to management.
Arshiyan Khan, Student
Preview
What’s in a Simternship round?
Each round asks students to apply what they’ve learned to real-world accounting scenarios. Curious to see how the Simternship works? Take a guided tour of a round!
Deepen student engagement and build marketable skills
The “Introduction to Financial Accounting” courseware helps you acquaint students with the mechanics of accounting, including internal controls, receivables, inventory and cost of sales, investments, liabilities, equity, cash flow, and financial statements. With turnkey activities, real-world examples, and annual updates, your course stays current while your students stay engaged.
My students enjoyed the simulation; it made them feel like they were running a small company. … It really helped them bring the accounting cycle into practice.
Heather Jackson, Instructor
Preview
Explore the table of contents
Provide your students with a comprehensive understanding of foundational accounting strategies. With coverage of internal controls, payroll, inventory, long-term assets, liabilities, equity, and investments, this courseware prepares students for a wide range of career paths in accounting, finance, and business.
Chapter 1: Purpose and Users of Accounting
Chapter 2: Overview of the Financial Statements
Chapter 3: The Accounting Cycle: The Mechanics of Accounting
Chapter 4: Completing the Accounting Cycle
Chapter 5: Internal Controls: Ensuring the Integrity of Financial Information
Chapter 6: Receivables: Selling a Product or Service
Chapter 7: Inventory and the Cost of Sales
Chapter 8: Employee Compensation
Chapter 9: Investments: Property, Plant, and Equipment and Intangible Assets
Chapter 10: Financing: Long-Term Liabilities
Chapter 11: Financing: Equity
Chapter 12: Investments: Debt and Equity Securities
Chapter 13: Statement of Cash Flows
Chapter 14: Analyzing Financial Statements
Last year, … I had a 50% dropout rate between three sections [of our survey of accounting course]. … And then they did the [Stukent Financial Accounting Simternship], and all the students said, ‘I still hate this course, but now I get it — the simulation made me understand what the point was. I lost two students.
Anonymous Professor
See how easy it is to teach your next course with the “Introduction to Financial Accounting” courseware.
About the Authors
Dr. Kay Stice
Kay Stice is an emeritus professor of accounting at Brigham Young University. He holds a bachelor’s and master’s degree from Brigham Young University and a Ph.D. from Cornell University. He’s taught at top universities around the world and won numerous awards, including the Maeser Excellence in Teaching Award at BYU, which is the university’s highest teaching honor. In his 30 years of teaching, Kay has taught thousands of students in person and millions online.
Dr. Jim Stice
Jim Stice is an emeritus professor of accounting at Brigham Young University, where he spent his career teaching, conducting research, and serving in administrative roles. He’s won numerous teaching awards, served as a visiting professor at INSEAD, and worked in executive education for companies such as IBM and Ernst & Young. Over his 30-year career, Jim has educated thousands of accounting students and professionals in person and has reached millions of learners online.
Instructor support you can count on
With a 96.4% satisfaction rate and an average response time under 10 minutes, the Stukent Support Team and customer success managers ensure you can focus on teaching.
Always have the latest edition
The “Introduction to Financial Accounting” courseware contains robust instructional resources for educators and students. Best of all, the Stukent team updates the courseware annually, which means your curriculum will always be on the cutting edge of your industry.
