Reflection on Learning: Evaluating Effectiveness and Usefulness of Learning Experience

Running head: REFLECTION ON LEARNING
Reflection on Learning
Name of the University:
Name of the Student:
Authors Note:

1REFLECTION ON LEARNING
Table of Contents
1. Evaluating Effectiveness and Usefulness of Learning Experience.................................2
2. Ways in which Learning Process is Useful.....................................................................2
3 Conducts in the Learning Process.....................................................................................3
4. Evaluation of Learnt Aspects...........................................................................................3
5. Explanation of Learning Process.....................................................................................4
6. Plan of Learning Application...........................................................................................5
References............................................................................................................................6

2REFLECTION ON LEARNING
1. Evaluating Effectiveness and Usefulness of Learning Experience
The research has facilitated me in attaining a better learning experience that can be useful
in attaining my career goals in the future years. The topic on which I carried out the research was
“to analyze the impact of IFRS accounting standards on enhancing consumer loyalty within the
retail sector of Australia”. This topic increased my understanding on the necessary IFRS
accounting standards regarding development of several consumer loyalty schemes which can
facilitate the organization in training increased consumer loyalty towards its retail brands.
Attaining knowledge on such “consumer loyalty scheme” standards set out in the IFRS
Standards can be useful for me in serving my company well through developing value added
schemes that can increase purchase intention of my organization’s consumers (Abbott et al.
2017). In carrying out research on analyzing the use of IFRS accounting standards, my learning
has become clear regarding the fact that I can develop consumer loyalty schemes in a way that
can have a positive impact on the turnover value of my organization after sale.
2. Ways in which Learning Process is Useful
The learning process in analyzing the impact of IFRS accounting standards regarding
consumer loyalty schemes in increasing their purchase intention has facilitated me in attaining an
increased understanding on my course, program, individual life and future career. I have also
been able to implement my newly gathered insights and knowledge on the implication of IFRS
Standards on enhancing consumer loyalty and purchase intention in the retail organization within
which I will work in future (de Villiers and Sharma 2017). I have attained new knowledge and
insights through carrying out research on IFRIC 13 “Consumer Loyalty Programmers” that has
facilitated me in attaining increased understanding on the ways in which provisions of this