ACC567 Financial Accounting-Accounting Standards

This session, we will be using an online system called 'PeerWise' that lets you create and submit multiple choice questions (MCQs), and answer and rate other students' MCQs. Your activity in PeerWise is worth 10% of your overall assessment mark. The first step will be to set up or access your PeerWise account. I will advise you via an Announcement when the student numbers have been loaded into the PeerWise site. (Note: If you have enrolled after the session has commenced, please let me know so that your student number can be added to the site.) You will then need to visit the PeerWise website using the following link, or the link in the left-hand menu bar in Interact.

If you have not used PeerWise before, just click the "Registration" link and follow the prompts. All that you need to do is choose a username and a password for your PeerWise account. If you have used PeerWise before, simply log in and then select "Join course" from the Home menu. To access our course, you will need to enter two pieces of information:
Identifier = your CSU student number (Note: please be careful, if you enter your studentnumber incorrectly, you will not be awarded marks for this assignment). During the session, you will need to create 5 multiple choice questions, each relating to separate topics answer and rate 50 questions; and provide constructive feedback on at least 10 questions.

Please note that you are able to participate to a great extent than the minimum requirement above. If you exceed the requirement for a component of the assessment, you will receive full marks for that component. For example, if you create 5 or more questions on 5 or more topics, you will be awarded full marks for that component of the assessment.
To encourage everyone to participate equally, all activities on PeerWise are anonymous. However I am able to track contributions from each individual. Offensive comments or questions will not be tolerated.

indicate the topic your question relates to and address the learning outcomes of that topic.provide an explanation of the correct answer, including details of the sources that you used to develop the MCQ (e.g. textbooks, Conceptual Framework, Accounting Standards, readings, etc). This explanation will be displayed to students once they have attempted your MCQ, and it will allow them to further investigate the concepts covered in the MCQ.

Please note that when rating a question, you should be judging three things Does the question address one or more of the subject learning outcomes Is the question of high enough quality that it could appear in the final exam Is the explanation provided with the question sufficient so that if someone answered the question incorrectly the explanation.

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