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Generating
financial Reports Simulation
Bridging Learning and Practice
GenerReS
is designed specially as an innovative
computer-based pedagogical tool for the
generation of financial statements to complement
traditional teaching and learning of accounting
principles at the tertiary level and for training.
GenerReS
is the only locally developed educational
software that combines a simulation program
with subject matter contents that provides full
cycle accounting record keeping processes - from
the generation of source documents to the preparation
of financial statements. The simulation program
in GenerReS is written
to develop users’ technical know-how usually
expected for the set-up process of commercial
accounting software system. But, unlike commercial
packages, the GenerReS
educational courseware requires the logic of accounting
principles to maintain a full set of accounts
thus meeting educational needs while simulating
industry practice.
GenerReS
has a breakthrough product feature
as it is able to allow users to self-construct
the relevant financial statements in addition
to generating the statements automatically according
to the Malaysian Accounting Standards Board (MASB)
format.
Designed
based on established adult learning principles,
the GenerReS program
can be applied appropriately to:
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