Experiences with the Personalized System of Instruction (PSI) to teach elementary accounting

The paper examines the use of Personalized System of Instruction (PSI) to teach elementary accounting at a community college. Key criteria to student success include high motivation, being self-disciplined, and having a good reading ability. PSI provides the student with clearly defined learning objectives and immediate feedback on progress. Disadvantages include a high withdrawal rate and lack of student peer interaction.