u cant judge the Accounting 1B subjects between unis as different lecturers may emphasise different areas - its a matter of personal judgement. It doesnt make any subject better than an other, even if one is more theory-based rather than practical. Its just that employers prefer less theory, but on its own there is nothing wrong with it.
also, UNSW ACCT1B did run a simulation thingy..but on a much grander scale. We had a group assignment where we gave presentations from the perspective of analysts with a regulation/academic bent where we discussed what caused the downfall of Enron. no offence intended, but a mock game just sounds a bit amateurish....anywayz, our assignment was good because:
- we got to work cooperatively in teams (do u often compete against colleagues at work?)
- we had to be creative in our presentations - eg role play (making presentations is essential)
- we were forced to research accounting literature (research skills r important)
- we did some of the prelim work that a typical analyst may do (simulating work)
- also, i think the intention of the assessment was to teach us about accounting ethics...i dunno whether we all came out a lot more moral...but at least we can c either how to detect fraud..or how to learn frmo the mistakes of those who committed fraud but got caught
well, thats my 2 cents