Example of Self-Assessment in Accounting

by Keela Helstrom; Updated September 26, 2017
Self-assessment helps prepare students for entrance.

Self-assessment is used to measure knowledge and skills in a particular field. It is often used prior to entering a particular university program or before taking a standardized exam. Self-assessment identifies areas on which to focus during exam review and preparation.

Purpose

Self-assessment may be provided by staff or faculty at an education institution. It is often seen in the form of multiple-choice questions, true or false questions or as a checklist. It is used to evaluate the student's knowledge and engage the student in the learning process.

Examples

Self-assessment questions in accounting test the student's knowledge and understanding of the accounting processes, accounting concepts, journal entries and financial statements. Examples of self-assessment would include defining general ledger accounts, applying accounting methods or principles and performing accounting calculations.

Benefits

Self-assessment is a tool that allows the learner to anticipate the structure and content of the exam and helps her prepare accordingly. It promotes personal growth in that the individual is able to review her performance and knowledge and identify and focus on areas where she may need to increased her knowledge.

About the Author

Keela Helstrom began writing in 2010. She is a Certified Public Accountant with over 10 years of accounting and finance experience. Though working as a consultant, most of her career has been spent in corporate finance. Helstrom attended Southern Illinois University at Carbondale and has her Bachelor of Science in accounting.

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