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iRubric: Accounting Practicum rubric

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Accounting Practicum Accounting Practicum 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. Rubric Code: DX87277 By iirizarry Ready to use Public Rubric Subject: Accounting Type: Project Grade Levels: Undergraduate

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