Example of Self-Assessment in Accounting

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.

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.

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.

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.