Work Placement – Accounting


This course aims to develop practical knowledge, skills and attitude of the students and to strengthen their positions in relevant industries. The students will apply the knowledge and theories acquired in previous coursework in a real business setting. Through this opportunity the students can explore their interests in the accounting field and be familiar with the working norms, rules and regulations governing the industry as well as build a professional business network. The course emphasizes students’ preparation for their future careers and helps them to be well-trained candidates when they graduate. At the end of the work placement, the students will be deeply familiar with the key factors for success in an accounting career.



To achieve the aims above, this course covers a number of tasks that are divided into two parts. The first part is the professional orientation which focuses on gaining a clear understanding of the work environment of the prospective employers and of the job markets in general. After this, the students will be placed at the selected employers where they will apply their acquired knowledge, skills and attitude in a real work environment. It is important for the students to comply with the hosting organization’s requirements, to meet the Performance Objectives (POs) and to keep track of their training progression throughout the work placement period.

Credits: 5

  • 1 credit hour for the field work placement = 90 hours
  • Total Credit Hours = 450 hours
  • Period of work placement = 3-6 months



To qualify for the work placement, students must have completed the 9-hour preparation activities provided by Career Services and Student Advising (CSSA) or employer-conducted orientation approved by CSSA.

Students must have completed Business Ethics, Financial Accounting 1, Financial Accounting 2, Management Accounting 1, and IFRS for SMEs.


On successful completion of this course, students will be able to:

1  Knowledge

Level of Learning PLO CLO Learning Outcome
Understand PK1 CK1 Describe the accounting principles and concepts in accordance with the accounting standards.

2  Cognitive Skills

Level of Learning PLO CLO Learning Outcome
Create PC7 CC1 Prepare financial statements in accordance with Cambodian International Financial Reporting Standards (CIFRS) and/or CIFRS for SMEs.
Analyze PC6 CC2 Analyze the appropriate information to measure business performance.

3  Communication, Information Technology, and Numerical Skills

Level of Learning PLO CLO Learning Outcome
Apply PCIT2 CCIT1 Operate accounting systems to record and process accounting transactions and events.
Evaluate PCIT3 CCIT2 Advise the management on how to improve business performance.

4   Interpersonal Skills and Responsibilities

Level of Learning PLO CLO Learning Outcome
Apply PIP1 CIP1 Work effectively with the team to achieve the departmental and organizational objectives.


Week Lesson Learning Outcomes Teaching and Learning Activities, Assessment

Course Orientation

  1. Introduce the course aims, descriptions and criteria.
  2. Explain the performance objectives to be achieved during the job training.
  3. Explain the practical experience report
  4. Guide the students in searching for relevant information about jobs and prospective organizations. 

Question and Answer

2-18 On Job training (All CLOs)

Apply knowledge


This course is primarily an experience-based course. An orientation will be conducted at the beginning of the course to ensure that the students will gain a clear understanding of the work environment in the hosting organization and some basic skills for performing their work effectively during the placement. A variety of methods will be employed to encourage and assess student achievement on course learning outcomes. Some methods include, but are not limited to, presentation, interview and written reports, group discussions, business writing, self-reflection, and peer consultation.


In order to successfully complete the course, students are required to complete all the assessment below. Grades will be calculated using the following assessments and score allocations.

Assessment Weight of each assessment Learning Outcome Assessed
Mentor Meeting: 5 times Assessment by Mentor Form: Marking Rubrics: 10% PIP1 CIP1
Assessment by Supervisor Form: Marking Rubrics: 35% CK1, CC1, CC2, CCIT1, CCIT2, CIP1 PK1, PC7, PC6, PCIT2, PCIT3, PIP1
Assessment by Peer Form: Marking Rubrics: 20% CK1, CC1, CC2, CCIT1, CCIT2, CIP1 PK1, PC7, PC6, PCIT2, PCIT3, PIP1
Practical Experience Assessment Form  (  35% CK1, CC1, CC2, CCIT1, CCIT2, CIP1 PK1, PC7, PC6, PCIT2, PCIT3, PIP1
Total grading score 100%  

Performance Objectives Students are required to achieve four performance objectives in total including all three of interpersonal qualities and the core skills of performance objectives in accounting. Students may achieve each performance objective by participating in the suggested activities or similar other activities related to the performance objectives by providing an explanation in the practical experience report. The performance objectives are set out in interpersonal qualities and core skills as in the appendix 1. To provide evidence of achieving performance objectives, students are required to request a confirmation letter from their supervisor with attachment of the performance objectives that they have achieved during the job training. Personal Experience Report

Work Group: Individual
Output format: Performance Objective Matrix
Language: English
Report: Students will be required to produce a summarized report reflecting the experience obtained from the job training that satisfies the required performance objectives. As their training progresses, students should keep track of their experiences. At the end of the training, students will be required to write a report summarizing the experience in their own words in a performance objective matrix. The report should be clear and truthfully reflect the experience with examples provided.



  1. ACCA rule book
  2. ACCA performance objectives

Appendix 1 – Performance Objectives Interpersonal Qualities These are the important elements of interpersonal qualities that students must achieve. They are required to maintain the professional code of ethics, develop productive business relationships with stakeholders and take initiative as a leader during work.

Performance Objectives Elements
Maintain professional code of ethics
  • Act diligently and honestly, following codes of conduct, taking into account and keeping up-to-date with legislation.
  • Act with integrity, objectivity, professional competence and due care and confidentiality. You should raise concerns about non-compliance.
  • Develop a commitment to your personal and professional knowledge and development. You should become a life-long learner and continuous improver, seeking feedback and reflecting on your contribution and skills.
Develop productive business relationships
  • Display sensitivity, empathy and cultural awareness in all your communications. This allows you to establish trust and credibility with a range of stakeholders and gain their confidence.
  • Use a range of mediums and make appropriate use of digital technology to communicate clearly, concisely and persuasively in formal and informal situations.
  • Develop and build effective and ethical professional relationships and networks using face to face and digital technology.
Apply leadership and self development
  • Show initiative with your team – working towards organisational goals, collaborating with and supporting others.
  • Manage time and tasks effectively to meet business needs and professional commitments. You are capable of working under pressure.
  • You negotiate effectively and can justify solutions logically and persuasively to colleagues and clients.

Core Skill Accounting This involves students in the process of recording and processing transactions and events using appropriate accounting systems, reviewing and preparing financial statements in accordance with accounting standards and legislation. In addition, students are also able to take part in management accounting such as planning the business activities, controlling the performance, preparing and monitoring the budget, and making recommendations for improvement.

Performance Objectives Elements
Record and process transactions and events
  • Implement or operate systems to record and process accounting data using emerging technology where appropriate or feasible.
  • Verify, input and process routine financial accounting data within the accounting system using emerging technology where appropriate or feasible.
  • Prepare and review reconciliations and other accounting controls.
  • Gather information for end-of-period accounting entries – and prepare estimates for adjustments to inter-company accounts.
  • Make sure you’re using accounting standards and policies when you’re processing transactions and events.
Prepare external financial report
  • Contribute to drafting or reviewing primary financial statements according to accounting standards and legislation.
  • Review financial statements and correct for errors and account for – or disclose – events after the reporting date.
  • Prepare or review narrative and quantitative information to include with financial statements.
Plan and control performance
  • Contribute to setting objectives to plan and control business activities.
  • Coordinate, prepare and use budgets, selecting suitable models.
  • Regularly review your progress against plans.
  • Use appropriate techniques to assess and to evaluate overall performance against plans.
  • Advise on business performance and recommend improvements.
Monitor performance
  • Analyse and provide appropriate information to measure performance.
  • Identify and use performance measurement techniques.
  • Monitor and evaluate individual and departmental performance to identify areas for development.
  • Identify the key external factors, including financial factors, affecting organisational performance.
  • Prepare management reports as required by management. It can include performance measurement and analysis.