Professional Documents
Culture Documents
Revised by:
Ritchie Z. Tejana
Student Training Program Coordinator (AY 2015 2016)
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PRACTICUM MANUAL
AC523 or AC524 for the
Bachelor of Science in Accountancy (BSA),
Bachelor of Science in Management Accounting (BSMA) and
Bachelor of Science in Accounting Technology (BSAcT)
The time to narrow the gap between academe and industry should be done early on in the Bachelor of
Science in Accountancy (BSA), Bachelor of Science in Management Accounting (BSMA) or Bachelor
of Science in Accounting Technology (BSAT / BSAcT) program. For the learning process to impact on
the day-to-day life of the student, there is a need to understand the realities of the actual business
environment.
Students have to be made aware that the classroom is entirely different from the business setting through
actual exposure in the workplace. This is a way to indirectly condition them to the life after their
Accountancy, Management Accounting or Accounting Technology program.
The Practicum Program is a direction geared towards the further comprehension of classroom theories as
applied to the practice world.
The following matrix, after taking into account the CHED Memorandum Order No. 23 Series of 2009,
shows information for AC 523, AC 524 practicum of the BSA, BSMA and BSAT/BSAcT programs of
the university.
Particulars
Practicum
Objective
10
When offered
4.1
Industry
Number of units
3 units
Dress code
10
Accreditation of Companies
10
to the trainee)
11
Enrollment requirement
12
13
Practicum Culminating
Activity
Objectives
1. To be able to share the experiences in the work place
2. To increase the confidence level of the student
3. To strengthen the partnership with the business
partners
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10
Adviser's Rating:
Daily Journal (Annex 9)1
Compilation - Form & Completeness2
Compilation - Content
Total Adviser's Rating
20%
10%
20%
50%
Supervisor's Rating3
30%
Attendance4
20%
Grand Total
100%
Additional information:
1
Daily Journal also includes the Time Budget. Daily
Journal should be submitted weekly to the
corresponding adviser.
2
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10
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Student Trainees
Duties and Responsibilities:
Submits to the practicum adviser a copy of student information sheet (Annex8) once accepted
from work and a copy of the letter of acceptance from the company and within a week from the
first day of work.
Secures the notarized Memorandum of Agreement with the corresponding signatories.
Prepares Daily Journals (Annex 9) which will be submitted weekly to the respective advisers.
Attends the OJT orientation, group discussion with the practicum adviser on a regular basis and
OJT culminating activity.
Notifies the practicum adviser promptly of any changes.
Submits the Written Practicum Paper (Annex 7) (inside a long size clear book) one week after
the last day of the practicum period.
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CERTIFICATION
This is to certify that I am allowing my <son/daughter>, <Student Name>, to attend a practicum
(on-the-job training) for a minimum of 200 hours on <start date> until <finish date> at <company
name> in partial fulfillment of the requirements for the degree in <Bachelor of Science in
Accountancy/Bachelor of Science in Management Accounting/Bachelor of Science in Accounting
Technology>.
It is understood that <he/she> abides by the rules and regulations that may be imposed by the
Supervisor/Staff-in-Charge for <his/her> welfare and safety.
I fully agree to waive any responsibility on the part of the University of San Carlos, <company
name>, and/or their representative/s, in case of any untoward incident that may happen to my
<son/daughter> during the duration of the practicum.
<Name of Parent/Guardian>
<Signature>
<date>
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Annex 2: Sample Application Letter (To be sent to the company where the students will have their
practicum training)
<Date>
Ms. ___________________________
Human Resource Manager
XYZ Corporation
Address
Dear Ms. ___________________________:
Good day!
I am <Student Name>, currently a 4 th year student of the University of San Carlos taking up Bachelor of
Science in <Accountancy/Management Accounting/Accounting Technology>. I learned that the
accounting and finance department of your company is accepting student trainee. It is my great interest
to fill in the position as it is also one of my course requirements. The program requires me to undergo a
practicum of at least two hundred (200) hours to any company of my choice.
I believe my education has equipped me with the necessary knowledge and skills needed for the tasks
and activities that I might undergo in your company. My available schedule for practicum will be every
<schedule>, since I will have my classes every <schedule>.
Attached are my resume and the USC Guidelines for Practicum for your perusal. I would be very
willing to come to your office for an interview at your convenience. You can contact me through my
mobile phone at 0922-XXX-XXXX. I am hoping to hear from you soon.
Sincerely yours,
<Student Name>
Endorsed by:
<Practicum Coordinators name>
Practicum Coordinator
Department of Accountancy
University of San Carlos
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Incoming 3rd year or 4th year students are required to undergo a practicum program for a total of
<200 hours for BSMA, 500 hours for BSAcT students> or <400 hours for BSA students>.
Each student shall submit a practicum proposal for new companies which will include the
following details:
Nature of Work
Timetable/Schedule
Company Profile
Company Address & Telephone Number
Contact Person
Relevance of work to the Accountancy, Management Accounting or Accounting Technology
program
Upon approval of the practicum proposal, an application letter will be prepared and sent by the
student, after the same is endorsed by his/her respective practicum adviser.
The student shall furnish the practicum adviser a letter of acceptance from the company within a
week from the first day of work. In addition, the student shall secure a letter of thanks from the
adviser, Daily Attendance Record, and Performance Evaluation Sheet to be delivered to the
company where the practicum student is working.
The practicum adviser shall make a prearranged visit to the workplace where the practicum
student is assigned.
The student shall prepare a report paper on the practicum experience. It is submitted together
with the Daily Attendance Record , Performance Evaluation Sheet and Certification of
Completion of Practicum Hours to the practicum adviser.
Group discussion on the work experience will be done on a regular basis with the department
chairperson or practicum adviser.
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Annex 3: Thank You Letter (To be sent to the company where the student is going for practicum upon
receipt of the letter of acceptance)
<Date>
Ms. _________
Human Resource Manager
XYZ Corporation
Address
Dear Ms. ___________:
We wish to thank you for accommodating <Student Name> as an accounting student intern in your
company.
We hope to be able to pursue the internship program with your company in the coming semesters. Should
you wish to receive more interns, please email to us your intent, so that we can communicate with you and
select the appropriate interns for you.
Thank you for your support in this undertaking. We look forward to establishing a continuing mutually
beneficial relationship with your company.
Very truly yours,
University of San Carlos P. del Rosario Street,Cebu City Phone: 253-1000 loc.210 e-mail: bsadept@usc.edu.ph
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Annex 4: Daily Attendance Record (To be filled out by the company on a daily basis)
UNIVERSITY OF SAN CARLOS
School of Business and Economics
Department of Accountancy
PRACTICUM DAILY ATTENDANCE RECORD
Name of the Company: _______________________________________________
Department: ________________________________________________________
Name of Student: ____________________________________________________
DATE
TIME
IN
TIME
OUT
SIGNATURE
DATE
TIME
IN
TIME
OUT
SIGNATURE
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Annex 5: Performance Evaluation Sheet (To be filled out by the company upon completion of the
practicum hours and to be placed inside a sealed envelope)
3.
4.
5.
Can effectively apply he skills and knows how to meet set standards of
his/her job.
6.
Can comply with the quantity of work required or the amount of acceptable
results within a prescribed period.
7.
8.
9.
Can be counted on to carry out assigned work and work with minimal or no
supervision and follow-up.
10. Can start effective action without the need of prompting or prodding from
his/her supervisor, showing full effort and/or devising ways and means to
work on situations.
11. Is flexible and receptive in dealing with new situations, ideas or methods.
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You may use the extra spaces below to add particular criteria that your company would like to rate.
Comments:______________________________________________________________________
_______________________________________________________________________________
______________________________________________________________________________
___________________________
Signature of Supervisor
_____________
Date
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Activities
Nov. 21-Nov. 25
Preparation of
bank reconciliation
Documents
Objective/s
Bank Statement
Passbook
Ledger
To reconcile
bank
statement
with cash in
bank per
book
Supervisors
name, position
and signature
(Sgd.)
Maria Dela Cruz
Acctg. Supervisor
xxx
xxx
All students undergoing practicum are required to submit a written report after the practicum term. The
contents of the report are as follows:
Title Page
Table of Contents
Chapter One
Chapter Two
Chapter Three
Chapter Four
: Pertinent Documents
Application Letter
Acceptance Letter
Parents/Guardians Certification of Waiver/Permission
Student Information Sheet
MOA (2 copies)
Completed Time Budget
Practicum Daily Attendance Record
Certification of Completion of Practicum Hours
Performance Evaluation Sheet (sealed in an envelope)
Others
Format
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_________________________________________________________
Name of Company/Institution/Organization:
____________________________________
What I Did
(Activities)
Deficiency/ Concerns
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Note(s):
1. Students are required to write their journal daily or they may use electronic means in encoding the daily tasks.
After one (1) week, this report will be sent by the students to the Adviser, as well as to the Coordinator.
2. The content of your journal should include: areas of personal growth; types of clients you find interesting to
work with and those you find difficult to work with; issues that you have with co-workers and supervisors;
feelings that you are experiencing such as inadequacy or areas in which you are improving. It is a personal
reflection of how you reacted to the days experience. Do not allow yourself to get behind with your journal
entries you will be missing the piece! It is difficult to remember days later what happened a week ago.
3. This form is used only for the weekly submission of the report to the Adviser. At the end of your practicum, you
are to use the format indicated in Annex 6 of your Practicum Manual for your Weekly Progress Report, which
is submitted together with your written report.
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Date Covered
No. of Hours
Actu Budg
al
et
Varian
ce
Remarks
1
2
3
4
5
6
7
8
9
10
Total
10