Introducing Financial Statements

5/2/2019 Introducing Financial Statements Scoring Guide

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Introducing Financial Statements Scoring Guide

CRITERIA NON-PERFORMANCE BASIC PROFICIENT DISTINGUISHED

Determine the correct balance sheet category for accounts.

Does not identify the correct balance sheet category for accounts.

Identifies the correct balance sheet category for accounts.

Determines the correct balance sheet category for accounts.

Determines the correct balance sheet category for accounts, demonstrating insight and understanding of its purpose.

Prepare a balance sheet for a company using appropriate financial data.

Does not prepare a balance sheet for a company using appropriate financial data.

Prepares a balance sheet for a company with errors in the financial data.

Prepares a balance sheet for a company using appropriate financial data.

Prepares a balance sheet for a company using the correct financial data and computations.

Prepare a summarized income statement for a company using appropriate financial data.

Does not prepare a summarized income statement for a company using appropriate financial data.

Prepares a summarized income statement for a company with errors in the financial data.

Prepares a summarized income statement for a company using appropriate financial data.

Prepares a summarized income statement for a company using the appropriate financial data and computations.

Analyze specific financial information from a company's financial statements.

Does not analyze specific financial information from a company's financial statements.

Identifies specific financial information from a company's financial statements incorrectly.

Analyzes specific financial information from a company's financial statements.

Interprets specific financial information from a company's financial statements, demonstrating insight and understanding of its purpose.