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Mentor Report:
Learning Outcome: The format of this unit (CMA 306) professional practice is an independent research project or finds a placement for practice basic accountant activities. According to entire situation I have selected to do research project. As part of assessments criteria the students are required to present a progression report according to research project. In this mentor report I tried to present the learning out comes about the research project Moreover I tried to indicate the strength and weakness of all features.
Feedback 1: Basically The professional practice project unit learning material provided by lecturer during the class time , Moreover the lecturer help me out to find relevant topic which is researchable, meaningful related with accounting tools as well. +Furthermore for preparing the research project and lecturer assist me, how to find the data for research question explain me for analyzing the data for make a decision too. Due to research project I had good chance to meet with my lecturer and get some sort of Idea which help me a lot to make my research project , Moreover during the research project it help me a lot to think different way to find the data and critically think in every single step for research project .
Feedback 2: Actually the unit outlines for professional practice project gave me the proper direction to make my research project more flexible and more way to think. Moreover the lecturer provides different kinds of material which help me to prepare my research project more authentic and consistent. According to my research topic my research based on qualitative data; during my research project the lecturer provide some strategies which are help me a lot to finding the data in different ways. According to my research topic I had to investigate a lot to find the proper data and which help me to compare between accounting and auditors liability for preparing the annual financial report. After all during the research project after investigate a lot I tried to pull out some more data from CDU Library and other website as well.
Feedback 3: Moreover the research topic “What is the Accountant and Auditors liability for preparing Annual financial report”? Though it is very good and researchable topic but it is very broad and vast topic as well. For accomplish the research project it required to study a lot find the proper data and compare with different articles and find the authentic sources which would help to figure out the data analysis and providing more authentic information as well. For these reason I had conversation with my lecturer for several times which was really helpful and effective too.
Acquisition: The overall skills, values, personal attribute and knowledge acquired during the study are massive. For example, in this particular, the acquisition starts from the very beginning of the project from initiating the research project, evaluating the idea, data collection methodologies, research preference, ethical and referencing requirement. Moreover I got lot sources from CDU library and other website which help me out get much more idea about my research project. After gaining the knowledge from this project my understanding are quite reasonable to execute the research project in similar manner.
Application: During my research I learned a lot of strategies to think different way. Moreover I read a lot of accounting issue related articles which is represent auditors and accountants liabilities for prepare financial report. After that I learned many things which I can apply in my future job place too. Moreover I read lots of law and legislation which going to apply if there is any fraud intentional mistake happen or hide any information which would affect the third parties. Overall I would like to say that from this unit I have achieved some skill and knowledge which would help me to figure out some problem in my real life situation and further study as well. Moreover I have learned more strategies and knowledge which would help me to face future challenge according with research topic. Furthermore I have improved my problem solving skills and self-leadership and management power with many circumstances.
Creativity: Using different approaches, methods, and mode of learning forced me to think critically with every angle about this project. Generating idea to completing report, I have used my creative skills and talked with my lecturer several times, which turned my imaginative idea turned in to reality in the form of project report. In coming states of my life, creativity could lead me to a successful professional.
Knowledge base: The whole research project is based on accounting study. After finish the research project I have improved myself with more accounting knowledge. Moreover Now I am able to think with any other accounting issue with more dynamic knowledge. Especially during my research I read some other accounting issue related article which is indirectly related with my research topic. So overall with different aspect I have improved myself with more technical, logical and behavioral knowledge in accounting study.
Communication: Since from session one to until session twelve, I would like to say that the communication and relationship was excellent with lecturer and other class mates. The team work and conversation with lecturer was so effective and helpful for prepare my research project. According to my topic at the very beginning I was confused about the data analyzing because it was fully qualitative data then my lecture explain me how to figure out the data analyze according with research question. Moreover it was very flexible to chat with lecturer and other class member, Furthermore the class environment was so good. I would like to say that this is the first time I had really good conversation with my lecturer since from first class to until end.
Social Responsibility: According to my research Activity and data analysis I found that the auditors and accountants have got really very important responsibility to keep safe companies all data and other information. Moreover the companies’ economic situation and future prediction is depending on their decision. Especially the shareholders and investors and some other third party companies also depend on their decision. According to their prediction and decision directly and indirectly the companies’ economic situation depending which would affect in social economic environment too? After investigating and analyzing lot of article I found that from overall aspect auditors and accountants have got big corporate and social responsibility which would affect entire economic situation.
Flexibility: During the research work, flexible strategies play an import role to get desired outcomes. Moreover my lecturer helps me a lot find the research question and find the data and how to analyze the data as well. To deal with sensitive and complex issues like disclosure policy, flexible and alternative strategies must be applied, depending on the sensitivity and complexity of the situation.
Leadership: Since from beginning to until finish from my research project I gain lot of knowledge which would help me a lot in my future research project as well. In this research project from first to end I lead myself to do lot of hard work, though I took help from my lecturer and class mates for many aspect but during the research time I think a lot about research question and make change several times with many situation which help me to gain leadership knowledge. After finish my research projects I have achieve more confidence which would help me to role as a leader in a group as well.
LECTURER FEEDBACK:
1) Would have liked to see more involvement and focus towards the unit and the research project.
2) Communication with the lecturer can use a lot more improvement than the current state.
3) Your understanding of the concepts is fine but its application in the research project needed some improvement.
4) Overall you did a fair job during the semester for this unit.