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iRubric: Functional Knowledge - QuickBooks Project rubric
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Functional Knowledge - QuickBooks Project
Functional Knowledge - QuickBooks Project
Using QuickBooks, perform the following: 1. Gather information and develop an accounting system proposal based on client's needs 2. Develop a prototype or sample accounting system for the client including chart of accounts. Develop sample lists of customers, vendors, items and employees. 3. Enter accounting transactions with an understanding of the accounting cycle. 5. Create memorized reports and interpret financial statements and other reports.
Rubric Code:
DX69W8C
By
jcautero
Ready to use
Public Rubric
Subject:
Accounting
Type:
Project
Grade Levels:
Graduate
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Accounting
Unsatisfactory
1 pts
Partially Proficient
2 pts
Proficient
3 pts
Advanced
4 pts
Proposal
Unsatisfactory
Shows little to no understanding of accounting related terminology, GAAP, or understanding accounting's role and function in business practice to track money flow and to determine financial status. (More than 4 errors)
Partially Proficient
Shows a basic understanding of accounting related terminology, GAAP, or understanding accounting's role and function in business practice to track money flow and to determine financial status. (3-4 errors)
Proficient
Shows a good understanding of accounting related terminology, GAAP, or understanding accounting's role and function in business practice to track money flow and to determine financial status. (1-2 errors)
Advanced
Shows a well developed understanding of accounting related terminology, GAAP, or understanding accounting's role and function in business practice to track money flow and to determine financial status. (May have 1-2 minor errors)
Accounting Cycle
Unsatisfactory
Through entering accounting transactions, shows little to no understanding of the accounting cycle. (More than 4 errors)
Partially Proficient
Through entering accounting transactions, shows a basic understanding of the accounting cycle. (3-4 errors)
Proficient
Through entering accounting transactions, shows a good understanding of the accounting cycle. (1-2 errors)
Advanced
Through entering accounting transactions, shows a well developed understanding of the accounting cycle. (May have 1-2 minor errors)
Financial Statements
Unsatisfactory
Shows little to no understanding of the elements of the Financial Statements or how to interpret the information contained on the Financial Statements. (More than 4 errors)
Partially Proficient
Shows a basic understanding of the elements of the Financial Statements or how to interpret the information contained on the Financial Statements. (3-4 errors)
Proficient
Shows a good understanding of the elements of the Financial Statements or how to interpret the information contained on the Financial Statements. (1-2 errors)
Advanced
Shows a well developed understanding of the elements of the Financial Statements or how to interpret the information contained on the Financial Statements. (May have 1-2 minor errors)
Create QB File
Unsatisfactory
Shows little to no understanding of the QB software, implements appropriate accounts, items, vendors and customers. (More than 4 errors)
Partially Proficient
Shows a basic understanding of the QB software, implements appropriate accounts, items, vendors and customers. (3-4 errors)
Proficient
Shows a good understanding of the QB software, implements appropriate accounts, items, vendors and customers. (1-2 errors)
Advanced
Shows a well developed understanding of the QB software, implements appropriate accounts, items, vendors and customers. (May have 1-2 minor errors)
Subjects:
Accounting
Types:
Project
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