1. Think back to your experiences of practising the manual accounting systems (manual journals, ledgers and Excel from Assessment One) and a cloud-based accounting application (Xero). Write a reflective essay discussing the extent to which these experiences influence your understanding of basic accounting concepts and practice (750 words). (15%)
In your reflective writing, you need to:
· provide key similarities and differences (three as a combined total) between the processes and reporting of the manual accounting systems and Xero
· critically reflect on how your experience with these systems has influenced your understanding of basic accounting concepts and practice
· identify which system you would prefer to use in practice and provide three reasons to justify your choice.
You can explore other issues in addition to the tasks above in your critical reflection. You must draw on secondary research, i.e. relevant academic literature, theories and practice reports to support your discussion. All researched information must be acknowledged by citing and referencing in APA 7th ed.
Assessment 2 Reflective Writing
Indicators of ACHIEVED WITH DISTINCTION
Indicators of ACHIEVED WITH MERIT
Indicators of ACHIEVED
Indicators of NOT ACHIEVED
Addressing the task (10 marks)
Clearly addresses all the requirements and questions from the assessment.
Addresses most of the requirements and questions from the assessment.
Addresses some of the requirements and questions from the assessment.
Addresses few of the requirements and questions from the assessment.
Quality of Content (15 marks)
Demonstrates a comprehensive understanding of basic accounting concepts and practice based on an excellent critical reflection on the experience of practising the manual accounting systems and Xero.
A thorough discussion was provided and supported with appropriate examples and information from the secondary research.
Demonstrates a good understanding of basic accounting concepts and practice based on some good critical reflections on the experience of practising the manual accounting systems and Xero.
Discussion was mostly thorough and supported with some relevant examples and information from the secondary research.
Demonstrates a limited or superficial understanding of basic accounting concepts and practice based on insufficient critical reflections on the experience of practising the manual accounting systems and Xero.
Discussion was mostly descriptive and/or not supported with appropriate examples and information from the secondary research.
Fails to demonstrate an appropriate understanding of basic accounting concepts and practice based on no critical reflection on the experience of practising the manual accounting systems and Xero.
Discussion had major flaws and/or was not supported with appropriate examples and any information from the secondary research.
Logical Structure (7 marks)
Ideas developed logically and coherently with the smooth flow throughout the assessment.
Ideas developed coherently but there are some inconsistencies in the flow through parts of the assessment.
Reasonable attempt made to develop ideas logically but may be lacking in coherence in places.
The assessment is not well structured. Lacks coherence and logical development of ideas throughout.
Written Communication (5.5 marks)
The language contains very few if any e
ors in grammar and vocabulary. Conventions of academic writing (e.g. references, citations) are followed meticulously.
The language is generally accurate but contains some e
ors in grammar and vocabulary. Conventions of academic writing (e.g. references, citations) are followed apart from the occasional oversight.
The language is enough for understanding but contains e
ors in grammar and vocabulary that are distracting.
Conventions of academic writing (e.g. references, citations) are followed but show e
ors and/or inconsistencies.
E
ors in language and vocabulary are frequent and distracting.
Does not adhere to the conventions of academic writing (e.g. references, citations).
Comments: