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ACCT2005-2021-S3 Reflective Learning Journal Reflection is an important process for learning. It will allow you to engage with the material taught and to figure out what this means to you now and what it might mean in the future. Here are some commonly used definitions of reflection: “Reflection is an important human activity in which people recapture their experience, think about it, mull over & evaluate it. It is this working with experience that is important in learning.” (Boud et al. 1985, p. 43) “Reflection is a deliberate and conscientious process that employs a person’s cognitive, emotional and somatic capacities to mindfully contemplate on past, present or future (intended or planned) actions in order to learn, better understand and potentially improve future actions.” (Harvey, Coulson & McMaugh, 2016, p.9). In your Reflective Journal, every week (from week 2 to 6) you should write about your learning for this unit. Reflecting is more than just writing down “WHAT” was taught or “WHAT” you learnt. It’s about analysing what you have learnt from different perspectives, what does this mean to you. Are there concepts you found particularly challenging and Why? What can you do to become more comfortable with the challenging concepts? Are there concepts that you feel you will apply in your workplace or in further learning? Reflective Learning Journal Brief: The aim of this reflective learning journal is to record and analyse your learning experience in this unit. In your journal you will need to document your thoughts and provide information regarding what you are learning, how you are learning and your reflections on what you have learned regarding accounting concepts and principles. You must complete the following: Reflective Learning Journal Word limit 1,100 words Weighting 30% Due date 23 January 2022 (11:00 pm AEDT) (Turnitin submission) Specific Instructions Word limit should be within the range of 10% either side of the limit. Referencing: If there are any references used, they should follow Harvard Referencing Style. Before you submit, make sure you have followed the rules of Academic Integrity (available on Blackboard) to ensure you are submitting your own work. Submission of Reflective Learning Journal: o Please submit your reflective learning journal online through the link for Turnitin assignment submission provided on the Blackboard site. o You must use the electronic Assignment Cover Sheet provided, fill in details and then make this sheet the first page of your assignment. Do not send it as a separate document. o The file name should include (in order) your surname, first name and your student number. For example ‘Smith, D 1235456'. o Your assignment needs to be submitted as a Word document (type .docx) or pdf file. Assessment Criteria: The expectations/assessment criteria for your Reflective Learning Journal include the following: 1. You need to demonstrate critical engagement with the subject matter throughout weeks 2 – 6 (Topics 2-5) including (but not limited to): Building up an accounting glossary or list of terms used in this unit and providing explanations of accounting concepts in your own words. Accumulating a list of definitions, equations, formulas etc. that need to be memorised and being aware of which will be helpful when recording day-to-day business operations. Preparing a summary of the knowledge and skills you are developing from topic to topic, demonstrating a degree of synthesis and integration rather than being just a list of points. Showing evidence of learning activities undertaken, demonstrating the application of accounting principles to practice and/or reinforcement of technical skills. 2. You should demonstrate active engagement in your learning experiences. This can include - self-evaluation of progressive assessment tasks completed, how you feel you could have improved your results in quizzes, and in the self-test questions, and how you plan to make best use of feedback provided for future practices. 3. You can make meaningful reflections on your progressive learning experience, showing how the results of your reflection on learning in earlier topics improved your learning in later topics. Self-evaluation allows you the opportunity to reflect and comment on the way you approach assessments, such as quizzes and is a critical part of your learning journey. 4. Your thoughts and comments need to be integrated, and should be expressed clearly and concisely. Content you should include in the Reflective Learning Journal: You should cover the content introduced in learning materials of topics 2 – 5 during weeks 2 – 6 of the study period. The topics that you will cover in your Reflective Learning Journal will include, but should not be limited to - pricing decisions, operational budgeting, inventory management, cash budgeting and fraud management and budget variances You do not need to cover all topics listed above. However, make sure your Reflective Learning Journal meets the four expectations/assessment criteria listed above. Helpful thought provoking questions The following is a list of thought questions that may help you to address the required areas as you develop your reflective learning journal: What am I learning in this unit and why am I learning it? How am I learning in this unit and how am I using what I am learning? What are my priorities and challenges as a learner in this unit? How can I overcome my learning weaknesses and build on my strengths in this unit? What different skills you needed for different components of my learning in accounting? How can I use the feedback from my assessment tasks to improve my learning? How are different parts of my learning connected? How is my learning in this topic affected by my learning (or lack of learning) in earlier topics? How well am I achieving my goals in accounting? How can I improve my learning process? How are my attitudes and ideas changing through the learning process? What are my strategies for achieving my goals and ambitions, and for overcoming my identified weaknesses in learning this unit? 2021 S3 Rubric.xls - Compatibility Mode ACC00712 Business Accounting (Tri A, 2010) Second Learning Journal Submission Name: .......................................................................... Student name Guide Outstanding (80% and more) Proficient (60-80%) Basic and/or Incomplete (30-50%) Well Below Expectations (20% and less) Available marks Learning Journal Critical engagement within the subject matter Relevance of studying content including concepts, principles and equations chosen; accuracy of definitions in own words; accuracy of understanding All areas of learning content are accurate, well defined and in own words Satisfactory in all areas of learning. Most are relevant and most definitions are accurate with own words Lacking in some areas but adequate in other areas. Many areas are relevant and/or many definitions are accurate or in own words Seriously lacking explanation in most areas. Most areas are irrelevant and/or most definitions are inaccurate or not in own words 40 Demonstrate active engagement in learning experiences Evidence of extra works undertaken to enhance the understanding of relevant concepts, principles, equations and formulas etc. chosen; Convincing evidence provided from activities (including classroom, textbook, or study guide activities) or real world experiences (including work experiences) undertaken Substantive and appropriate evidence of activities / experiences undertaken in relation to learning content Most relevant evidence of activities provided which are convincing in some degree Insufficient or inconclusive evidence of activities undertake in relation to learning content Little or no convincing evidence of activities undertaken in relation to learning content 20 Meaningful reflections on the progressive learning experience Discussion of how feedback from activities and learning experience will be beneficial to future learning experience; discussion of learning strategies; Appropriate and relevant reflections of learning content, activities and learning experience presented. Useful discussion of learning strategies provided Most relevant reflections provided; some useful discussions and learning strategies of learning experiences provided