Distinguished - Thoroughly assesses the qualitative characteristics of financial reports.

Proficient - Assesses the qualitative characteristics of financial reports. Minor details are missing.

Basic - Partially assesses the qualitative characteristics of financial reports. Relevant details are missing.

Below Expectations - Attempts to assess the qualitative characteristics of financial reports; however, significant details are missing.

Non-Performance - The assessment of the qualitative characteristics of financial reports is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Thoroughly assesses the financial reporting framework based on transparency, comprehensiveness, and consistency.

Proficient - Assesses the financial reporting framework based on transparency, comprehensiveness, and consistency. Minor details are missing.

Basic - Partially assesses the financial reporting framework based on transparency, comprehensiveness, and consistency. Relevant details are missing.

Below Expectations - Attempts to assess the financial reporting framework based on transparency, comprehensiveness, and consistency; however, significant details are missing.

Non-Performance - The assessment of the financial reporting framework based on transparency, comprehensiveness, and consistency is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Thoroughly describes the policies that have been reported.

Proficient - Describes the policies that have been reported. Minor details are missing.

Basic - Partially describes the policies that have been reported. Relevant details are missing.

Below Expectations - Attempts to describe the policies that have been reported; however, significant details are missing.

Non-Performance - The description of the policies that have been reported is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Thoroughly explains how the policies have significance in the financial statements or not.

Proficient - Explains how the policies have significance in the financial statements or not. Minor details are missing.

Basic - Partially explains how the policies have significance in the financial statements or not. Relevant details are missing.

Below Expectations - Attempts to explain how the policies have significance in the financial statements or not; however, significant details are missing.

Non-Performance - The explanation of how the policies have significance in the financial statements or not is either nonexistent or lacks the components described in the instructions.

Distinguished - Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

Proficient - Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.

Basic - Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.

Below Expectations - Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.

Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.

Distinguished - Accurately uses APA formatting consistently throughout the paper, title page, and reference page.

Proficient - Exhibits APA formatting throughout the paper. However, layout contains a few minor errors. 

Basic - Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements. 

Below Expectations - Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.

Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.

Distinguished - The length of the paper is equivalent to the required number of correctly formatted pages. 

Proficient - The length of the paper is nearly equivalent to the required number of correctly formatted pages. 

Basic - The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.

Below Expectations - The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.   

Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.

Distinguished - Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Proficient - Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Basic - Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.

Below Expectations - Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.

Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.