A series of tutorials presents the industry and the company as well as the nature and context of each decision. Multiple-choice questions are used to assess each student’s progress and knowledge.
The simulation is the moment when students put the course content into practice. In each round, they develop an action plan, make the appropriate decisions, and then analyze their results using tables and graphs. Students thus build a representation of how modern businesses work – a representation that becomes more and more realistic as the students advance through the simulation.
Instructors can select from a full range of assessment tools based on their teaching goals. The summary tables and the identification of the most common mistakes can be used to guide lessons and discussions.
Teach the accounting cycle online
Your students can simulate all stages of the accounting cycle in a virtual environment designed specifically for experiential learning.
You can use summative evaluations to grade your students’ performance on the exercises.
Or you can use formative evaluations to encourage independent learning and
provide students with immediate feedback on their mistakes.
The Praxar Accounting platform is specifically designed for teaching. Both instructors and students can easily find their way around the site because it shows only the functions used in the simulation.