INTRODUCING ACCOUNTING BISSIM SIMULATION IN THE FINANCIAL ACCOUNTING AND REPORTING MODULE – THE EXPERIENCE OF SOFIA UNIVERSITY “ST. KLIMENT OHRIDSKI” Cover Image

INTRODUCING ACCOUNTING BISSIM SIMULATION IN THE FINANCIAL ACCOUNTING AND REPORTING MODULE – THE EXPERIENCE OF SOFIA UNIVERSITY “ST. KLIMENT OHRIDSKI”
INTRODUCING ACCOUNTING BISSIM SIMULATION IN THE FINANCIAL ACCOUNTING AND REPORTING MODULE – THE EXPERIENCE OF SOFIA UNIVERSITY “ST. KLIMENT OHRIDSKI”

Author(s): Eleonora Petrova Stancheva-Todorova
Subject(s): Social Sciences, Economy, Education, Accounting - Business Administration
Published by: Икономически университет - Варна
Keywords: accounting simulation; integration approach; challenges; experience
Summary/Abstract: This paper aims at sharing author’s experience of implementing Accounting Bissim simulation in the accounting curriculum of the Faculty of Economics and Business Administration, Sofia University “St. Kliment Ohridski”. This innovative teaching method was introduced in the Financial Accounting and Reporting module, which is obligatory for the third-year students in the bachelor’s programme “Accounting, Finance and Digital Applications”, accredited by the Institute of Chartered Accountants in England and Wales. The implementation process is characterised with many challenges due to the lack of flexibility in changing the module’s syllabus. In addition, the lack of experience of the tutor was also an impediment as the simulation was used for the first time in a Bulgarian university. The implementation process was supported by the Accounting Bissim team from UK, comprising of qualified and experienced professionals from academia and accounting practice. The curriculum integration approach, learning objectives and outcomes are presented in the publication.