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JOURNAL OF ACCOUNTING AND FINANCE
Predictions of Performance Compared to Actual: A Hard Lesson for First-Year Accounting Students
Author(s): Audra Ong, Peter Savoni
Citation: Audra Ong, Peter Savoni, (2017) "Predictions of Performance Compared to Actual: A Hard Lesson for First-Year Accounting Students", Journal of Accounting and Finance, Vol. 17, Iss. 7, pp. 78-85
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The importance of students’ own assessment of their performance remains a neglected area and is worthy of further study. This paper focuses on students in the first six weeks of a Year 1 introductory financial accounting course and their predictions of grades they would achieve in their mid-term examinations. A questionnaire one week prior to the examinations focused on their studying habits and grade predictions
A second questionnaire after the mid-term examination results revealed that students were overly optimistic in their grade predictions. Their actual results led to a statistically significant increase in time spent studying but not class attendance.
