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iRubric: Pension Case 2019 rubric


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Pension Case 2019 
This rubric is used for a written memo that requires students to research the FASB Accounting Standards Codification. The rubric considers organization, identification of issues, application of the appropriate literature, analysis, and conclusion.
Rubric Code: EXC585W
Ready to use
Public Rubric
Subject: Accounting  
Type: Assignment  
Grade Levels: Undergraduate, Graduate

Powered by iRubric ACCT 30120 Spring 2019
  Exceeds Expectations

1 pts

Meets Most Expectations

0.85 pts

Meets Some Expectations

0.75 pts

Does Not Meet Expectations

0.6 pts

Organization
18 pts

Exceeds Expectations

Appears neat & organized; logical; no spelling or grammar errors; uses active voice; guides the reader through the case; gets to the point; integrates exhibits into discussions.
Meets Most Expectations

Generally logical but occasionally skips around; few lapses in grammar or spelling; generally guides the reader; integrates exhibits into discussions.
Meets Some Expectations

Skips around, but addresses all the points; occasional lapses in grammar and or spelling; reader must work to follow the train of thought; integrates exhibits into discussions.
Does Not Meet Expectations

Haphazard; difficult to follow; several grammar and or spelling errors; generally sloppy in appearance; integrates exhibits into discussions.
Facts
4 pts

Exceeds Expectations

Summarizes the facts completely; key facts identified; distinguishes between facts and assumptions
Meets Most Expectations

Demonstrates an understanding of most facts and generally recognizes those facts that must be challenged
Meets Some Expectations

Generally understands the facts; does not distinguish between facts and assumptions; recognizes some items that should be challenged
Does Not Meet Expectations

Does not recognize the facts of the case and does not demonstrate an understanding of them; challenges nothing
Issues
8 pts

Exceeds Expectations

Identifies the appropriate key issues; identifies any implied issues; goes beyond the minimums asked in the case
Meets Most Expectations

Identifies most key issues and some implied issues; handles the minimum requirements well and recognizes some issues beyond them
Meets Some Expectations

identifies some key issues but does not recognize implied issues; does not go beyond the minimum requirements of the case
Does Not Meet Expectations

Does not recognize the key issues of the case; does not understand the questions being asked and/or the accounting questions being posed
Applicable Literature
8 pts

Exceeds Expectations

Identifies all applicable literature; does not include extraneous material; demonstrates the relationship between the selected literature and the issues at hand; recognizes nuances and subtle relationships between literature and issues
Meets Most Expectations

Identifies most of the applicable literature; includes some extraneous material; generally connects the issues to the literature identified but misses the subtle points
Meets Some Expectations

Identifies some of the appropriate literature but includes much that is not on point; does not connect appropriate literature to all the identified issues
Does Not Meet Expectations

Appears to be reaching for anything no matter how remotely related; clips large sections of material and pastes it into the memo in hope that the reader may find some connection; references included are generally irrelevant
Discussion & Analysis
8 pts

Exceeds Expectations

Presents an insightful and thorough analysis of all issues; presents persuasive arguments directly relating the facts to the issues and clearly tying them to the identified literature
Meets Most Expectations

Generally analyzes all the issues in light of the literature identified, but does not connect in some areas; arguments are not always persuasive and leave some work to the reader to connect the dots
Meets Some Expectations

Analysis is superficial; treats some issues as "given" when a challenging analysis is required; arguments are not well supported; arguments are one-sided and do not address alternatives
Does Not Meet Expectations

Appears lost; does not understand the issues sufficiently to be able to connect them to the literature and evaluate them; does not understand the case
Application of analysis
7 pts

Exceeds Expectations

All calculations and journal entries are accurate
Meets Most Expectations

Most calculations and journal entries are accurate
Meets Some Expectations

the majority of calculations and journal entries are accurate
Does Not Meet Expectations

The majority of calculations and journal entries are inaccurate
Conclusion
7 pts

Exceeds Expectations

Conclusion follows clearly from the analysis; it is logical and supported; there is no hedging and no part of the conclusion is unsupported
Meets Most Expectations

Conclusions generally follow from the analysis but support is not fully integrated into the conclusion; leaves some work to the reader; offers some unsupported conclusions
Meets Some Expectations

Some conclusions follow from the analysis, but not clearly; conclusions are "hedged" with new issues or alternatives not previously discussed
Does Not Meet Expectations

Conclusions are unsupported; they do not follow logically from the analysis



Keywords:
  • Case Memorandum Trueblood

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