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    Financial Statements Rubrics

    Uploaded by

    Mylene Santiago
    This document provides a rubric for grading financial statements, awarding points for correctly completing headings, labeling lines, writing accurate numbers, calculating totals for assets, liabilities, equity and net income/loss, and using lines appropriately. The statement of comprehensive income is scored out of 15 points, the statement of financial position out of 20 points, and the statement of changes in owner's equity out of 10 points, focusing on layout, accuracy and calculations.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Financial Statements Rubrics

    Uploaded by

    Mylene Santiago
    422 views1 page
    This document provides a rubric for grading financial statements, awarding points for correctly completing headings, labeling lines, writing accurate numbers, calculating totals for assets, liabilities, equity and net income/loss, and using lines appropriately. The statement of comprehensive income is scored out of 15 points, the statement of financial position out of 20 points, and the statement of changes in owner's equity out of 10 points, focusing on layout, accuracy and calculations.

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    This document provides a rubric for grading financial statements, awarding points for correctly completing headings, labeling lines, writing accurate numbers, calculating totals for assets, liabilities, equity and net income/loss, and using lines appropriately. The statement of comprehensive income is scored out of 15 points, the statement of financial position out of 20 points, and the statement of changes in owner's equity out of 10 points, focusing on layout, accuracy and calculations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    422 views1 page

    Financial Statements Rubrics

    Uploaded by

    Mylene Santiago
    This document provides a rubric for grading financial statements, awarding points for correctly completing headings, labeling lines, writing accurate numbers, calculating totals for assets, liabilities, equity and net income/loss, and using lines appropriately. The statement of comprehensive income is scored out of 15 points, the statement of financial position out of 20 points, and the statement of changes in owner's equity out of 10 points, focusing on layout, accuracy and calculations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Financial Statements Rubric Score

    Statement of Comprehensive Income: 15 POINTS


    Completes three-line heading properly in detail 3
    Legible writing 1
    All lines labeled including totals. Indented as needed 2
    Numbers written accurately 2
    Correct net income or loss 5
    Single and double lines used appropriately 2
    Statement of Financial Position: 20 POINTS
    Completes three-line heading properly in detail 3
    Legible writing 1
    All lines labeled including totals. Indented as needed 2
    Numbers written accurately 2
    Correct total assets 5
    Correct total liabilities and owner’s equity 5
    Single and double lines used appropriately 2

    Statement of Changes in Owner’s Equity: 10 POINTS


    Completes three-line heading properly in detail 2
    Includes all lines necessary in demonstrating calculation of ending 5
    owner’s equity
    Writing legible 1
    Single and double lines used appropriately 2

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