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iRubric: Accounting Practicum rubric

iRubric: Accounting Practicum rubric

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Accounting Practicum

  Derived from rubric: Accounting Practicum
built by iirizarry

Rubric Code: DX87277
this practicum consists of mini practice set 1 on page 186 in the College Accounting text by Price/Haddock/Farina. Use the workbook pages 137 - 150.
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Keywords: (None)
Categories: Subjects: Accounting  
Types: Project   Assignment  
Grade Levels: Undergraduate

Powered by iRubric Accounting Problems
  Unsatisfactory
1 pts
Partially Proficient
2 pts
Proficient
3 pts
Advanced
4 pts
Chapter Knowledge
Unsatisfactory

Shows little to no understanding of the accounting principles used in this chapter
Partially Proficient

Shows a basic understanding of the accounting principles used in this chapter
Proficient

Shows a good understanding of the accounting principles used in this chapter
Advanced

Shows a well developed understanding of the accounting principles used in this chapter
Transactions
Unsatisfactory

Shows little to no understanding of the transactions needed
Partially Proficient

Shows a basic understanding of the transactions needed
Proficient

Shows a good understanding of the transactions needed
Advanced

Shows a well developed understanding of the transactions needed
Problem Documentation
Unsatisfactory

Few documents are completed. Documents are not filled properly
Partially Proficient

Shows a basic understanding of documentation. Some documents are filled correctly
Proficient

Shows a good understanding of document preparation. Most documents are filled correctly
Advanced

Shows a well-developed understanding of documentation. Filled all documents correctly
Worksheet
Unsatisfactory

There is no worksheet
Partially Proficient

The entire worksheet is not completed
Proficient

The entire worksheet is correctly prepared, with no more than two major errors
Advanced

The entire worksheet is correctly prepared with no major errors
Financial Statements
Unsatisfactory

No financial statements are included
Partially Proficient

Some of the Financial Statements are included. More than two errors on those presented
Proficient

All of the Financial Statements are included with no more than two major errors on the complete set
Advanced

All of the financial statements are presented with no major errors
Reasoning
Unsatisfactory

Conclusions absent or too
broad.
May be derived from minimal
specifics or supported by little
evidence or few examples.
Challenge or problem may be
described without solution or
systematic procedures to
resolve it
Partially Proficient

Conclusion is simplistic and
presented as absolute.
Challenge or problem may be
described without a solution
or systematic procedures to
resolve it.
Proficient

Challenge or problems solved
with systematic process
Advanced

Clear line of reasoning from
definition of issues,
explication of assumptions,
and drawing conclusions from
appropriate evidence



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