WORK PLACEMENT AND FINAL REPORT
 
Lectured in 3rd year Bachelor in business studies - Main Subject: Accountancy-Tax Law
Theory [A] 0.0
Exercises [B] 0.0
Training and projects [C] 500.0
Studytime [D] 500
Studypoints [E] 20
Level in-depth
Language of instruction Dutch or according agreement
Lecturer Nog niet bepaald
Reference RCBMGA03A00001
 
Key words
Work Placement, IWETO-code: S192 Bookkeeping Sciences

Objectives
The work placement has to offer the student the chance to get acquainted with the practice of the profession of bookkeeper/tax specialist in company life.Knowledge, skills and attitudes that are imparted to the students during their triennial education now get a practical testing in the field of work and are at the same time further developed there.
Especially the general and specific profession-oriented competencies will be further developed during the work placement:
  • Deepening of theoretical knowledge
  • Skills in the field of interpersonal relationships, teamwork, handling information, handling tasks, functioning on your own, skill of reasoning and administrative skills
  • Attitudes like being accurate, flexible, handling stress, ability to organise, perseverance, being critical, result-oriented, respecting the demand of confidentiality concerning data, willingness to have contact, being inquisitive, being independent, sense of co-operation, being assertive, …
By making a dissertation the student learns how to draw up a report independently. He learns that reporting needs to be limited to the essential and that the forming of a conclusion has to be univocal, ready and coherent.

The duration of this work placement is long enough to let the students empathize with his work situation.
The student gets an insight in the various possibilities of professions after this triennial education and he has at his disposal the necessary skills needed for an application for a job.

Topics
The work placement takes up about three months, namely March, April and May.
The work placement can take place in a firm of accountants or bookkeepers, an office of proofreaders or in the accountancy department of a company.
During this period the student will have to work independently and help in the office of company in the field of for instance:
  • Registering and controlling of invoices, credit notes, wages and salaries, excerpts of accounts and various operations
  • Monthly closing offs and accompanying reporting
  • Make out yearly accounts
  • Preparing declarations of personal income tax and corporation tax
  • VAT administration
  • Management of files of enterprises
  • Activities of controlling
  • Help with budgeting and following up of budgets
  • Calculations of the cost price
  • Advising of clients
  • Administrative work
  • Make up various administrative formalities
  • Administration of wages
  • Working with packages of bookkeeping and other items of business economics or legal software
  • Drawing up of tables of depreciation
  • Following up of clients and bookkeeping of suppliers, make up a financial plan
The student keeps a journal of the work placement, which consists of a limited description of the activities of the work placement during the whole period as well as a short personal evaluation.
The student has to keep a rough version of the journal at all times so that he can always show it to his supervisor of practical training.
The student gives one version of the journal to his supervisor of practical training after having finished his work placement.
The student also makes a dissertation of which the subject is determined after having talked about it with both his supervisor and tutor of practical training. This dissertation consists of a practical study following on the education content of the branch Accountancy-Tax Law and it has to give a surplus value to the curriculum of the student.
The student gets acquainted with the various professions he is trained for and the trainings for making applications.

Prerequisites
The student has a thorough command of the knowledge, skills and attitudes put in by the other divisions of the education.

Final Objectives
Skills
  • Thinking and reasoning power
  • Being critical
  • Working systematically
  • Working independently
  • Decisiveness
  • Updating knowledge
  • Acquiring and assimilating information, analysing and tracing anomalies
  • Communication skill: ability to communicate information, ideas, problems and solutions both to specialists as to laymen
  • Analysing information and tracing anomalies
  • Handling numerical data
  • Reporting in writing
  • Being able to express oneself correctly
  • Ability to communicate correctly through the telephone
  • Ability to draw up a report independently
  • Work efficiently, aimed at the output
  • React appropriately in unexpected situations
  • Distinguishing problems
  • Ability to think in an analytical and problem-solving way·
  • Insight in complex situations
  • Apply packages of informatics (most recent one concerning the profession)
  • Being communicative towards clients and co-workers
  • Establishing contact with the various administrations and institutions, clients
  • Collecting, registering and classifying job-related data
  • Ability to come to conclusions quickly
  • Applying specific job-related packages of informatics (the most recent ones concerning the profession)
Attitudes
  • Reliability
  • Integrity
  • Precision and accuracy
  • Eagerness to learn continuously, inquisitiveness
  • Self-confidence
  • Discretion
  • Awareness of image
  • Aimed at granting services
  • Openness
  • Aimed at communicating
  • Willingness to listen
  • Aimed at innovation
  • Being flexible
  • Neatness and tidiness
  • Assertiveness
  • Perseverance
  • Ability to make things concrete
  • Immune to stress, withstand work pressure
  • Independence - ability to work independently
  • Awareness of quality, loyalty, assertiveness when talking to employer
  • Working systematically and goal-oriented
  • Having interest in the organisation and structure of the bookkeeping firm or the company
  • Vigilance concerning confidentiality
  • Willingness to take responsibilities
  • When talking to clients showing that you have commercial insight, empathy, loyalty, sense of cooperation
  • Aimed at granting services for clients and co-workers
  • Ability to handle conflicts
  • Handling information in the fields of economics, tax law and accountancy in an interested way
  • Being selective in the information
  • Awareness of quality
  • Planning of the various operations when finishing files
  • Sense of completeness
  • Being practical
  • Having an eye for details
  • Add value to the available information
  • Sense of structure
  • Distil goal-oriented or relevant information
  • Being accurate when phrasing questions
  • Willingness to refine a solution step by step
  • Willingness to follow refresher courses
  • Sense of relativity
  • Willingness to go deeply into a problem
  • Willingness to gain advice yourself
  • Being critical towards one's own conclusions
  • Evaluating own possibilities where the boundaries of competence or knowledge are exceeded


Materials used
Work placement and information pamphlets

Study costs
Relocation costs to the company where the student has to do his work placement.
Costs linked to the thesis.
Costs for the seminar on solicitation: about 160 euro
All costs linked to the work placement, including costs of medical investigation

Study guidance
Personal guidance by a supervisor of practical training (lecturer) and a mentor (company)

Teaching Methods
Work placement and thesis: independent work of student
The company of the work placement determines the language of communication.
Unless otherwise agreed, the dissertation is drawn up in Dutch,.

Assessment
First exam session:
The judgement consists of two aspects:
  • The mark for performance during the work placement period is given by the supervisor of practical training based on his own findings and the advice of the tutor of practical training of the company
  • The dissertation is judged on content and form.
The oral presentation/defence is evaluated as wel
lThe division is as followed:
  • Evaluation work placement: 40%
  • Evaluation dissertation: 40%
  • Evaluation oral presentation/defence: 20%
Second exam session:
The mark for performance during the work placement period is brought along to the second exam session. The dissertation is revised and orally presented.

Students only enrolled for taking the exams:
  • First exam session: ditto regular student
  • Second exam session: ditto regular student
The student is obliged to take on a supplementary registration with a contract of credit.

Lecturer(s)