Develop a system of bookkeeping for low-income women entrepreneurs, assist in the preparation of loan applications, and assist in teaching accounting procedures. Assist and teach low-income women entrepreneurs in the preparation of business plans. Students first visit nonprofit organizations and identify research issues. Classroom discussions compare observations with existing accounting and organizational theories, prioritize issues, and determine the scope of subsequent in-depth research to b performed. Then, students conduct the research, often in the form of in-depth field studies, structured interviews, etc.
Students interpret the results of the research.
Students distribute the research results to nonprofit organizations in the form of continuing education or extension services. Students were linked with clients assigned to them, based on their interests and client needs, by the local community development board. Students worked with clients to define goals and then reported to the development board representative and professor. Most projects involved preparing tax returns, preparing Form 990's, and designing inventory cost system. Financial statements were prepared because the clients were required to submit those annually to the community board.