LEARNING OBJECTIVES
As an applied statistics major pursuing a career in the financial industry, the cooperative education I am receiving as the accounting intern for the City of Dearborn Recreation Department is of tremendous value. I will be working directly with the Recreation accountant, but I will also gain experience in the bookkeeping work and help to develop more internal controls. Not only will the experience in the field of accounting provide me with knowledge of finance, but the experience working for the City of Dearborn will provide me with the chance to broaden my understanding beyond the typical, beyond corporate finance.
The base learning objective I have is expanding my knowledge of accounting for a government entity. Firstly, this means learning the details of fund basis accounting, how it differs from cash basis and accrual basis accounting, and developing an understanding of the recurring tasks that will need to be completed. While my supervisor made it clear that there is no average day as an accountant, there are undoubtedly repeated tasks; I have already observed that there are reports sent to each department head at the beginning of every month. I am also under the impression there will be tasks at the end of each month and assuredly responsibilities for each year too. Secondly, this means I desire to learn …show more content…
Initially, examining and assessing precisely are areas that I would wish to advance during this co-op; when I inspect reports or spreadsheets of information, I’m eager to be able to quickly recognize key features and understand the story that the data is telling me. However, another important skill I’m ambitious to progress is conceptualizing my tasks; I desire to not only complete each task I am presented with accuracy and in a timely manner, but I desire to think about how and where its completion produces an
As an applied statistics major pursuing a career in the financial industry, the cooperative education I am receiving as the accounting intern for the City of Dearborn Recreation Department is of tremendous value. I will be working directly with the Recreation accountant, but I will also gain experience in the bookkeeping work and help to develop more internal controls. Not only will the experience in the field of accounting provide me with knowledge of finance, but the experience working for the City of Dearborn will provide me with the chance to broaden my understanding beyond the typical, beyond corporate finance.
The base learning objective I have is expanding my knowledge of accounting for a government entity. Firstly, this means learning the details of fund basis accounting, how it differs from cash basis and accrual basis accounting, and developing an understanding of the recurring tasks that will need to be completed. While my supervisor made it clear that there is no average day as an accountant, there are undoubtedly repeated tasks; I have already observed that there are reports sent to each department head at the beginning of every month. I am also under the impression there will be tasks at the end of each month and assuredly responsibilities for each year too. Secondly, this means I desire to learn …show more content…
Initially, examining and assessing precisely are areas that I would wish to advance during this co-op; when I inspect reports or spreadsheets of information, I’m eager to be able to quickly recognize key features and understand the story that the data is telling me. However, another important skill I’m ambitious to progress is conceptualizing my tasks; I desire to not only complete each task I am presented with accuracy and in a timely manner, but I desire to think about how and where its completion produces an