Peer Review

Accounts Receivable

Material Detail page

Reviewed:: Feb 7, 2022 by Business

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Ratings

Overall Rating:

Content Quality:

Effectiveness:

Ease of Use:

Overview:

This site defines accounts receivable and provides some detail on payment terms, aging, and measuring bad debt. Currently, the information is incomplete, provides extreme details of some aspects of A/R while ignoring other aspects. Wikipedia is routinely updated through crowdsourcing activities. The resource page is only as good as the writers and editors updating the material. In an academic setting, Wikipedia resources should be reviewed by individual instructors prior to assigning to students.

Type of Material:

Reference Material

Recommended Uses:

Recommended as a reference to be used along with an accounting textbook or other materials.

Technical Requirements:

No technical requirements listed.

Identify Major Learning Goals:

Define accounts receivable
Review some aspects of payment terms, aging, some of the methods for measuring bad debt

Target Student Population:

Business, Accounting, Undergraduate

Prerequisite Knowledge or Skills:

none

Content Quality

Rating:

Strengths:

Provides definition of accounts receivable

Concerns:

Does not provide a complete demonstration of the concept of Accounts Receivable in the context of a company’s financial statements
As a reference only, does not demonstrate a core concept in accounting, or provide enough context on the related theory of accounting
Reference site should only be used alongside an accounting textbook or other accredited material
Descriptions of tax treatment may or may not be supportable or accurate, highly complex area that is difficult to summarize in a brief reference/definition entry
Not enough material is provided in this brief reference to adequately summarize the topic of Accounts Receivable, does not integrate the concept with related topics for the overall accounting model

Potential Effectiveness as a Teaching Tool

Rating:

Strengths:

Content is very brief and can be used in a short period of time

Wikipedia is a popular place for students to visit to learn about a subject in a short amount of time; three is potential to positively impact users
Wikipedia has a list of resources which increases the likelihood of students finding more detailed information in another website, journal, etc.

Concerns:

Not intended to identify learning objectives or prerequisite knowledge, reference entry only
Content does not reinforce concepts progressively, demonstrate relationships between concepts or build on prior topics
No student learning outcomes provided
Information was not presented in a progressive way (either detailed to summary or summary to detail)
Not easily integrated into curriculum due to the lack of structure and missing information
Lack of standard grammar creates confusion and decreases effectiveness
Student learning cannot be measured in Wikipedia

Ease of Use for Both Students and Faculty

Rating:

Strengths:

Very easy to use and access online, most students will be familiar with Wikipedia

Concerns:

Content is not interactive, visually appealing or engaging

Other Issues and Comments:: Wikipedia can be a good source of information to assist students with definitions of key terms in accounting, and as a basic reference. Wikipedia is routinely updated through crowdsourcing activities. Resource pages are only as good as the writers and editors. In an academic setting, Wikipedia resources should be reviewed by individual instructors prior to assigning to students.
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