UPH Business School Accounting Challange 2016

Accounting program?at?Business School of?Universitas Pelita Harapan (UPH), Lippo Karawaci,?once?again held its annual event ?UPH BUSINESS SCHOOL ACCOUNTING CHALLENGE (UPH ACC)? which was a competition for high school students. This is the second time the competition was held and open for international schools.

UPH Accounting Challenge 2016 was held for?three?days from October 19-21, 2016. There were?twenty five?teams from?eighteen?schools around Jabodetabek whoparticipated in?this competition, and?four?of them were International School.?In orderto accommodate the students from the international school, the committee?haveprepared the questions in two languages (Indonesian and English).

In accordance with the purpose of this competition, the?entire program?was?designed to encourage the participants to study accounting in a fun, creative, and?a?competitive way. International Financial Reporting Standard (IFRS) was used as the guideline for all the questions. There were four topics that were?examined?in this competition?which covering from:

1. Merchandising Operations

2. Inventories

3. Accounting for Receivables

4. Plant, Property & Equipment Assets

?Through this competition, Business School wants to introduce the accounting field and cultivates students? interest. Through the seminar, students will get an overview of the Accounting Professions, areas and understand the qualifications required for this profession,? said Tanggor Sihombing, Lecturer of UPH Business School and chairman of the committee.

This competition consisted of three rounds, began with the individual test in the preliminary round, wheel of Fortune in the semifinal, and two stages of the final round which were quick quiz which named ?Fast and Furious? and presentations.

First place was won by SMKN 14 Jakarta, while the second and third place was won by SMAK3 Penabur. The winners got prize medals, certificates, and cash. (rh)